10 Best American Gas Drillers
We have posted a few articles recently discussing the rise of natural gas and when its expected to happen. The natural gas boom seems to be on its way, so you might as well be prepared with your stock picks. Nicholas Kusnetz picks his top ten picks of natural gas drillers for 2011.
"1. Exxon Mobil
The biggest natural gas producer is also the country’s biggest oil company and one of the most profitable corporations in the world. Exxon has operations in every continent but Antarctica. Its oil and gas operations range across several states, from Pennsylvania to Colorado, and it also has wells in the Gulf of Mexico and off the California coast.2. Chesapeake Energy
Chesapeake calls itself the most active driller in the country, with operations in 15 states, from the Rockies to Texas to Pennsylvania. The company is a good example of how “independent” doesn’t necessarily mean small. As of last year, the company owned an interest in 45,800 wells, of which 38,900 were primarily gas wells.
Anadarko is one of the biggest independent oil and gas producers in the country, with exploration or production work in all major domestic drilling areas as well as in South America, Africa, Asia and New Zealand. The company was a minority owner in BP’s Macondo well, which exploded last year, killing 11 people and spilling more than 200 million gallons of oil into the Gulf of Mexico ."
Find additional picks here: http://turnkeyoil.com/2011/09/07/10-best-american-gas-drillers/