Changes Made in 2013 Could Finally Start Paying Off for 2 Companies
Jan 8th 2014 10:33AM
Updated Jan 8th 2014 10:34AM
This segment is from Thursday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
Companies not treating investors to double digit percentage gains in 2013 really let shareholders down. The overall market soared, but Apache Corp and Petrobras barely broke even and lost more than 30%, respectively. Will 2014 be any different? Motley Fool analyst Taylor Muckerman believes that it might given Apache's refocused efforts in the United States and Petrobras' activity in the pre-salt formation set to increase. All of this should help lead oil and natural gas production higher, hopefully followed closely by gains in the stock market. For more on this topic, tune in to the video below.
One thing that likely won't change? Our ongoing energy boom
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The article Changes Made in 2013 Could Finally Start Paying Off for 2 Companies originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Petroleo Brasileiro S.A. (ADR). 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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