Last week Canada claimed the North Pole as its own. Six years ago, Russia did the same. This isn't about bragging rights, though - it's about access to the vast oil and gas reserves of the Arctic. No matter who prevails, however, they''ll still need the know-how that just a handful of energy companies possess.
investing in gas
- Best Investments 2014: Canada's Northern Claim Heats Up the Arctic Oil Race
- These Fracking Trucks Reveal Energy's Most Underreported Boom
Now that the rig market for oil and gas projects is heating up again, it's time to invest where energy's big-money cycle actually begins.
After all, without a rig, a well is nothing more than a dot on a map.
That's why the oil field service (OFS) business always improves before the fortunes of field production companies.
But there's an even earlier link in this profit chain...
It's a smaller industry, and may not get much coverage. But the OFS business wouldn't exist without it... and neither would the all of those oil wells.
That's why the company we'll look at today is one of my favorite oil and gas plays.
First, take a look at these pumping trucks...