Wednesday, October 30, 2013

The Oil Industry: Drill your Way to Profits!

When it comes to the Oil, Gas and Consumable Fuels industry, major oil companies like Exxon Mobil Corp (XOM) and Chevron Corporation (CVX) are the first to come to mind. Oil and gas equipment services companies do not get as much limelight, even though they provide the specialized equipment required for complex exploration and production (E&P) activities and are therefore a crucial cog in the oil and gas industry.

With technological innovations, the oil and gas equipment and services sector is experiencing rapid growth and improving performance, and in this article, we’re looking at whether it’s better to invest in the ‘Big Oils’ – the five largest publicly-traded oil companies – or in the oil and gas equipment and services sector. Read More: BHI, BP, CVX, FLR, HAL, RIG, SLB, XOM

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