Chris Boxall, from Fundamental Asset management, says that the excitement in the energy sector is to buy into the key providers of equipment and services rather than the oil and gas companies themselves. Without any discrimination as to size, Chris talks about the fund's investments in the likes of Schlumberger Limited (NYSE:SLB), National Oilwell Varco (NYSE:NOV) and the enormous success the fund has seen with Thalassa Holdings (LON:THAL). Chris and the team look at around 180 stocks some of which he says are unique such as recently floated Franks International (NYSE:FI) and Oceaneering International (NYSE:OII). Chris also discusses the opportunities now opening up again around the fracking industry, although, he says, there are very real issues that may cause insurmountable headwinds in the UK. Helmerich & Payne (NYSE:HP), Akita Drilling (TSE:AKT.A), Nabors Industries (NYSE:NBR) and Baker Hughes (NYSE:BHI) are also mentioned.
Fundamental's Boxall says buy key providers of energy infrastructure
Published: 10:43 07 Oct 2013 BST