The Department of Energy just released the results of an independent study touting the economic benefits of exporting U.S. natural gas. While many manufacturers are against exporting because it will drive the price of gas up, a higher gas price may mean that U.S. producers like ExxonMobil and Chesapeake Energy actually could start making money on this stuff again. In this video, energy analyst Aimee Duffy reviews the performance of natural gas prices over the past two years, and lists the top five U.S. producers in the third quarter.
The growing production of natural gas from hydraulic fracturing and horizontal drilling is flooding the North American market and resulting in low prices for natural gas. One midstream company that helps all that product move is Enterprise Products Partners. With its superior integrated asset base, EPD can profit from the massive bottlenecks in takeaway capacity by taking on large-scale projects. To find out if Enterprise Products Partners is a buy or a sell today, click here now to check out The Motley Fool's brand new premium research report on the company.
The article The Top 5 U.S. Natural Gas Producers originally appeared on Fool.com.Fool contributor Aimee Duffy has no positions in the stocks mentioned above. The Motley Fool owns shares of ExxonMobil and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, and short JAN 2014 $15.00 puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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