Ultra Petroleum, pipeline company Williams and Quanta Services, a $6.3 billion market cap company that builds out both pipelines and electrical transmission lines.
Chicago, Bridge & Iron remains one of the best positioned E&C to benefit from the investment in the energy infrastructure space.
Fluor is another bright name in the E&C industry. In fact, some believe that this company has the best earnings visibility among E&C players. The company remains a potential winner for many North American petrochemical and gas-to-liquid projects
Another stock that has not yet experienced growth is KBR Co. KBR remains another favorite in this space to benefit from the shale gas boom
Some of the direct beneficiaries of the shale boom in the US include oil and gas companies such as EOG Resources which has operations in the Eagle Ford, Barnett, Marecellus and Bakken shales.
Oil service companies that supply hydraulic fracturing technology and drilling services are also beneficiaries of shale development; these include Schlumberger, National Oilwell Varco and Halliburton.
Valero Energy Corp, with a reputation as one of the US’s lowest cost and most profitable refiners is benefiting from surging oil output from the Bakken shale in North Dakota
US chemical producers who have become more globally competitive by switching to cheaper ethane feedstocks. Among the biggest beneficiaries of this is Dow Chemical, which after a decade of moving its production facilities out of the US to Asia and elsewhere, is now investing billions of dollars on new domestic production plants in order to take advantage of cheap domestic shale gas supplies.
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