Visibility into the Energy Sector
(contributed by Brian Hill, Research Director, Revere Research) 
Revere Research Note to Clients: Better Visibility into Energy Sectors
Hurricane Dean provided another reminder of the susceptibility of Energy infrastructure, particularly in areas like the Gulf of Mexico, to climate change and natural disasters. Revere’s research team would like to remind our clients of the unique view of the Energy industry available through Revere Research™. Revere associates all publicly-traded Oil/Gas companies with the geographic regions where they operate. We also identify the region where each company derives the majority of its business.
While the broader Revere Oil and Natural Gas Exploration/Production group is up about 4% over the past year, companies focused in the Gulf of Mexico region are down 15%. Over the same time period, companies focused in the smaller, less well known Appalachian Basin region are up over 35%.
Participating companies focused on the Appalachian Basin include:
Atlas America, Inc. (Nasdaq GM: ATLS)
Linn Energy, LLC. (Nasdaq GM: LINE)
CNX Gas Corp. (NYSE: CXG)
EV Energy Partners, L.P. (EVEP)
The story appears to be quite different in the Support Activities for Oil and Gas Operations group. The Revere Offshore Drilling Services sector is up nearly 29% over the past year, slightly outperforming the broader index. A total of 15 companies comprise this sector. 8 of them are Focused on this sector, including 5 Pure-Plays. Meanwhile Onshore Drilling Services companies have declined over 17%. This is easily the worst performing group of companies providing equipment and services to the energy industry.
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