What Are the Best Commodity Stocks?
I am going to talk to you about what I think are some of the better stocks that are available in the commodity and energy markets. In this day and age we are witnessing an unprecedented level of technological advances and investment is being pushed into commodities and energy as a result. This article will help you understand the nature of these investments as well as show you a few of the best companies in the industry.
The first company I want to talk about is Occidental Petroleum. This is a company that has been around for years now but has yet to really make a major splash in the industry. It has produced several natural gas discoveries as well as drilling rigs.
it is safe to say that its major investments in the industry will be centered on the "production" side of the business. They have some good leases and could be poised to take advantage of the surging prices on gas and other natural resources. You should definitely consider this stock if you are looking for more stable investments.
Another company I am going to discuss is Dakota Access. This is a company that has been heavily involved in the natural gas and oil exploration and extraction market. The controversy surrounding this project will have a major impact on the exploration and extraction industry.
Now one thing to note about this company is that it was recently approved by the Department of the Army to move forward with the completion of the DAPL pipeline that will bring natural gas from the Bakken shale in North Dakota to a facility in Illinois. The opposition from tribes and environmental groups continues to mount. Dakota Access seems to be a good idea, at least for now.
Yet another company that I want to discuss in this space is the company Trafigura. This company is focused on the exploration and production of the oil and gas sector. This is a good company to own if you are looking for a smaller share of the overall natural resource industry.
But as a company it seems that it is moving further away from oil and gas as a source of revenue as it looks to diversify and expand its offerings. It's also important to note that this company could be facing trouble as oil prices remain unstable.
So as you can see there are many different types of companies and corporations that you can invest in to own commodity stocks. Just take the time to learn about them and find out who makes the best investments.