Saturday, July 4, 2015

Oil Drilling Investment Opportunities In Texas

By Jordan Schmidt


Oil is one of the products that support most of world activities, petroleum is the highly demanded commodity currently worldwide. This is because it provides an efficient and effective way of generating kilowatt hours and thermal units by British which is an energy measure. This makes oil drilling investment opportunities a lucratively business with fat returns.

Oil has several products that are used commercially or domestically at people homesteads. Petroleum has several uses, it is used for lubrication and it is a major component during the manufacturing of plastic. Also another by product of oil is natural gas which is very important as it used for heating purposes as well as a cooking energy.

This product include agricultural based products such as row covers, plastic ties, irrigation piping, polypropylene, polyethylene, bags, some pesticides, food preservatives and fertilizers. Textile and clothing industries also cannot produce their products without using oil by products. Some of the products that use oil to be manufactured are nylon cords, ballet tights, all polyesters, beads, pantyhose and bracelets.

Ways in which a person invest in oil business. There are several ways a person invest in gas and oil, some people look at the industry as a collection firms offering services and products to consumers and other interested parties in gas and oil business itself. You can also decide to view this industry as a product and aim at making profit when prices of gasoline, diesel and crude oil changes.

Mutual funds is another approach to investing in oil drilling industry, where investor choose to purchase share or interest in several mutual funds focusing on gas and oil products. This approach is preferred by investors who wish not to take expose themselves in direct risk.

This approach assists one to get considerable exposure to crude oil products without necessary taking risk directly and helps on to diversify their risks, not to invest in one commodity only. Investors obey the rule of not putting your eggs in one basket.

You can purchase shares from extensive capital stock where you have the benefit of being exposed to gas and oil markets through public companies, these are companies whose shares are traded in New York stock exchange and example of such companies include Exxon mobile, this is according to market capitalization. City Austin Texas has a lot of vast land that are believed to have gas reserves.

Also one can purchase shares in companies such as petrol china, Marathon oil, Chevron and British petroleum. These companies are involved in exploration of oil and if one wants to be a shareholder of such companies they only need to purchase shares or use depositary receipts with the help of a broker.

This approach aims at generating steady flow of income over the useful life of the lease to cover the expenses incurred and still make profit. This is known to be safest way of extraction and drilling operations and is less of speculative play and more of income play.

The final approach that one can take is through acquiring some interest in micro or small capital stock and partnership companies. This is for investors who want more direct risk as they believe the more the risk the higher the returns. This field of investment is quite specialized and it may require broker services if the companies are not quoted.




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