Oil and Gas Fracking Prop up This Sand Provider
Feb 27th 2013 3:20PM
Updated Feb 27th 2013 4:20PM
After its first full year as a public company, U.S. Silica released dynamic growth figures and has its sights set on even greater returns in the future. Providing silica sand to the fracking industry has become the largest contributor to the company's sales and earnings, but it is still diversified enough to where it's not solely reliant on this growing industry. Check out the video below for Motley Fool energy analyst Taylor Muckerman's take on how the fracking boom could help U.S. Silica turn in a few more years of growth like the 49.5% hike in revenues it realized in 2012.
Domestic oil and gas service companies have taken a hit due to a slowdown in the natural gas drilling boom of the last couple of years. As this market looks to rebound, investors would be wise to consider Halliburton, one of the top companies in the business and one of those most in tune with the domestic market. To access The Motley Fool's new premium research report on this industry stalwart, simply click here now and learn everything you need to know about how Halliburton is positioning itself both at home and abroad.
The article Oil and Gas Fracking Prop up This Sand Provider originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman owns shares of Halliburton. The Motley Fool recommends Halliburton. The Motley Fool owns shares of Hi-Crush Partners. 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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