Big Oil Moves Back to America | Investor Beat - 12/31/13 | The Motley Fool | Summary and Q&A

TL;DR

Major oil companies are reshoring operations to the United States, while solar energy leader SolarCity disrupts the fossil fuel-dominated industry.

Key Insights

• 🇺🇸 Major oil companies are reshoring operations to the United States, focusing on the Permian Basin and driving growth.
• 💦 SolarCity is disrupting the energy industry with notable growth in deployed megawatts and internal recognition as a top company to work for.
• 🥳 Investing in oil is considered safer but still requires a tolerance for day-to-day volatility.

Transcript

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Questions & Answers

Q: Why are big oil companies reshoring their operations to the United States?

Big oil companies like ConocoPhillips and Apache are reshoring their operations to the United States to focus on the Permian Basin, which offers potential growth and is considered a more stable investment compared to international operations.

Q: Who is the business leader of the year in the energy industry?

Harold Hamm, CEO of Continental Resources, was awarded the 2013 energy CEO of the Year. However, Lyndon Rive of SolarCity stands out as a disruptor in the industry, leading a company that has shown significant growth and is highly regarded internally and externally.

Q: Is investing in oil safer than investing in solar energy?

Investing in oil is generally considered safer due to higher stability, but it still requires a stomach for day-to-day volatility. Solar energy, on the other hand, is a disruptive industry with potential for significant growth.

Q: What areas should investors watch in 2014?

The offshore space, particularly the Gulf of Mexico, is an area to watch in 2014. Companies like Ensco and Hercules Offshore offer potential investment opportunities, with the latter's branding being particularly noteworthy.

Summary & Key Takeaways

• Big oil companies like ConocoPhillips and Apache are reshoring their operations to the United States, focusing on the Permian Basin and driving growth.

• SolarCity, led by Lyndon Rive, is disrupting the energy industry with significant growth in deployed megawatts and high employee satisfaction.

• Investing in oil is considered safer than investing in solar due to higher stability, but requires a stomach for day-to-day volatility.

• Offshore space and the Gulf of Mexico are areas to watch in 2014, with companies like Ensco and Hercules Offshore offering potential investment opportunities.