DRC

20 Beneficiaries of the Shale Gas Boom – ABB, DRC, EMR, GE, SI – Foolish Blogging Network

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Repercussions from the surge in unconventional energy sources are being felt across the capital goods space, particularly in those verticals that are closely tied to gas power generation. Therefore, I believe this is a theme that will become particularly investable in 2013.Electrical equipment IndustryPressure pump manufacturers: The pressure pump manufacturers are the most direct beneficiaries in capital goods of the shale gas revolution, particularly if this extends from the US into other markets such as China. In this space, the two global leaders at present are Weir Group NASDAQOTH: WEIGY and Gardner Denver NYSE: GDI. Competition is intensifying in this field, with National Oilwell Varco NYSE: … Read more

Dresser Rand- the play on the decade long boom in global LNG and natural gas

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Everyone by now knows that the U.S. has become the Saudi Arabia of natural gas and may someday be far less reliant on imported oil to recent technological advances in drilling that have unlocked vast shale deposits of stranded oil.  There is a way to play this that is not so dependent on commodity prices like the E&P companies.  That’s Dresser Rand, DRC. The stock has done well over the last year so we took notice when the CEO purchased a million dollars worth at $57.02 on 3-8-13.  The stock recently pulled back after its quarterly earnings announcement. I listened … Read more