I was looking over some of the water space last night, trying to, amongst other things, find connections between water companies and the fracking boom taking place across this country.
Aside from the basic, obvious plays, such as water utilities whose reservoirs are being tapped to perform the drilling procedure, I’m afraid I couldn’t find much in the way of runoff and wastewater management. There are a few names, such as Rettew Flowback and Omni Water Solutions; but they all seem to be privately held.
I would be interested in finding access to some of these companies, as I would expect the EPA to crack down hard on fracking companies and force on them the equivalent of land reclamation to the coal companies. The fracking companies already have to deal with the water that comes back up – but imagine the cost if they had to return the water underground to its original pH and composition?
In such an end, the value of some of these water purification plays would soar.
Unfortunately, no such easily tapped avenues have presented themselves yet. Of course, that’s just a few hours search and reading on the internet.
I will continue to update ideas. Feel free to leave your own.
9 Responses to Fracking And Clean Water
Check out Heckman HEK – they’re stock is getting hammered right now, but longer term should be a good play in the Fracking / Water space
too risky for me, but I’ve got a buddy who picked them up on wednesday.
CHMR is the ticker actually.
That company is a scam with a capital ‘S’. Tell your friend he’s going to lose all his money if he doesn’t get out quick.
wfstf. allows the oil co. to use much less water.
PSN on the Toronto Stock Exchange. It also trades on the pink sheets.
Heavily shorted, yet continues to beat expectations and has a massive dividend.
@cain. . Ditto on the psn. Tsx
This a big current growth story. They just put out second quarter results and guidance. Sounds pretty good to me . I’m a shareholder.
Company name is Poseidon concepts .
Thanks for the ideas. I’ve been gathering some of my own.
I’ll put out some material at the start of next week.