Schlumberger had a dominant market share in energy services
A thaw presents problems for shale energy companies.
The shale energy sector has felt the impact of the deep freeze.
CNQ has great exposure to the emerging oil sands industry.
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There’s still a bright outlook for U.S. energy.
The energy sector (mainly oil and natural gas companies) will thrive.
OPEC’s positive outlook on the future demand of oil only bodes well for companies that operate in North America. TransCanada is a particularly diverse player.
These companies will benefit most from an appreciated oil price environment and the continued improvement of technology lowering drilling costs at the wellhead.
The Eagle Ford shale formation includes a much larger pay zone, and the greater porosity of the shale means that less fracking.