Investors May Want to Play in Some Sand
Date Posted: September 29, 2014
Read time: 2 min
Investors May Want to Play in Some Sand
Steven Halpern of MoneyShow.com welcomes Frank Holmes to the program to discuss one of, what some would consider, the least precious of all resources – sand.
When it comes to the energy boom in the U.S., Frank says it’s important to look beyond direct shale plays for investment opportunities. The recent demand for sand used in hydraulic fracturing, or fracking, is one example. He goes on to explain the incredible growth seen in sand use in the oil drilling industry, highlighting not only the companies who supply the sand, but also the companies who move the sand to and from the drill sites.
Listen to the entire interview to hear what two companies Frank says are direct beneficiaries of the need for sand in fracking operations. And to read his complete thoughts on the subject, be sure to read the latest Frank Talk post, The Sand Demand: Finding Opportunities Beyond Direct Shale Plays.
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