The United States is overflowing with oil. In fact, the Energy Information Administration thinks the country could realistically produce 6 million to 8 million barrels of oil per day over the next three decades. The institution's high estimate exceeds 10 million barrels per day. Canadian production isn't doing too bad, either, although supporting infrastructure is less developed for our northerly neighbors. That bodes well for the companies pumping it out of the ground, but it also represents a big opportunity for the companies transporting and refining crude oil.
Here are four of the best investments supporting oil drillers.
Canadian National Railway (NYSE: CNI )
Canadian National Railway is one company trying to bail-out Canada's ailing pipelines. In 2010 the company didn't move one carload of crude oil. This year it is expected to "choo-choo" its way to 60,000 carloads of oil from the country. This business in particular has boosted sales and income each year since 2010. Investors have to like that growth and where things are headed in the long term. Canadian National is cutting checks totaling $1.9 billion this year to repair its railways, accommodate growth needs, and purchase new freight cars, including new natural-gas powered models. �
Best Managed Healthcare Companies To Buy Right Now: Teekay Tankers Ltd(TNK)
Teekay Tankers Ltd., together with its subsidiaries, engages in the ownership and operation of oil tankers. As of August 16, 2011, it owned a fleet of nine double-hull Aframax tankers and six double-hull Suezmax tankers. The company, through its joint venture with Wah Kwong Maritime Transport Holdings Limited, also owned a very large crude carrier newbuilding. As of March 1, 2011, it operated four Aframax tankers in the Teekay Pool and three Suezmax tankers in the Gemini Pool arrangements; and five Aframax tankers and three Suezmax tankers under fixed-rate time-charter contracts. The company is headquartered in Hamilton, Bermuda.
Best Managed Healthcare Companies To Buy Right Now: Banco De Chile(BCH)
Banco de Chile, together with its subsidiaries, provides personal and business baking products and services in Chile and the United States. Its personal banking product line comprises checking accounts, time deposits, money market accounts, demand deposits, now accounts, and prime now accounts. The company also offers lines of credit; credit card products, such as Travel Club, Global Pass, net.card, and PaySafe credit cards; and Internet banking services. Its business banking products and services include financial management products, such as checking accounts, foreign currency accounts, money market accounts, and prime now accounts, as well as a line of credit. In addition, the company provides business Visa, MasterCard, and Travel Club credit cards; and foreign trade services, as well as treasury banking services. Further, it offers various services, including securities brokerage, mutual fund management, factoring, insurance brokerage, financial advisory, and securitiz ation. As of December 31, 2009, the company operated a network of 246 retail branches and 154 Banco CrediChile branches, as well as a network of 1,588 automated teller machines and 415 self-consultation terminals. The company was founded in 1893 and is headquartered in Santiago, Chile.
Advisors' Opinion:- [By Louis Navellier]
Banco de Chile (NYSE:BCH) provides a range of credit and non-credit products and services to its Chilean customers. Banco de Chile is up 23% in the last 12 months. BCH stock gets an “A” grade for return on equity.
- [By Bill]
Banco de Chile (NYSE:BCH): Down 0.48% to $70.48. Banco de Chile attracts deposits and offers retail and commercial banking services. The Bank offers credit, mortgage loans, co-branded credit cards, securities brokerage services, mutual funds, factoring, insurance, and investment products. Banco de Chile operates a network of branches in Chile, Argentina, Brazil, Mexico, and the United States.
Top Undervalued Companies To Invest In Right Now: FalconStor Software Inc.(FALC)
FalconStor Software, Inc. develops, manufactures, and sells network storage software solutions in the United States and internationally. It also offers related maintenance, implementation, and engineering services. The company?s proprietary technology includes the IPStor software platform that provides disk-based data protection and storage virtualization solutions for small/medium businesses, organizations, and enterprises. Its open data protection solutions include Virtual Tape Library with data deduplication for backup optimization by reducing the data needed to be stored on disk; Continuous Data Protector combines local and remote protection into a disk-based solution that allows organizations to recover data back to the most recent transaction; Network Storage Server for storage virtualization and provisioning; File-interface Deduplication System for capacity optimized storage; and HyperFS, a SAN-based file system to optimize storage performance for data intensive ap plications. The company offers data protection services at various levels from operating systems and application software, to files, databases, and messaging data across the organization. In addition, its storage virtualization and data protection solutions are designed for IT administrators and end users to recover data in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster; and to facilitate data restoration while minimizing downtime. Further, the company offers Application-Aware Snapshot Agents that automate and minimize quiescence time during data replication, backup, and other snapshot-based operations; and Application Specific Recovery Options, which offer recovery solutions for database and messaging systems. It sells its products through original equipment manufacturers, value-added resellers, solution providers, system integrators, direct market resellers, and distributors. The company was founded in 1989 and is headquartere d in Melville, New York.
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