The recent glut in North American energy has left several smaller players in the space spread too thin, and now they need to consolidate their positions in order to generate profits. Following the announcement of two smaller deals, both Enerplus Resource Fund and Gulfport Energy have made it clear they want to bring their company profiles into focus. In the following video, Motley Fool analyst Joel South and Fool.com contributor Tyler Crowe discuss how these small moves may not be big financial gains but are an indication of a clearer vision for their respective companies.
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The article These Energy Companies Are Getting Focused originally appeared on Fool.com.Joel South and Fool contributor Tyler Crowe have no positions in the stocks mentioned above. The Motley Fool owns shares of Spectra Energy and ExxonMobil. Motley Fool newsletter services recommend Spectra Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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