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10 Ways to Play the Fracking Boom

A number of options, from Big Oil stocks to small M&A prospects

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The Infrastructure Firms

Chicago Bridge & Iron Company CBITo realize the full potential of the shale boom, countless pipelines, storage tanks, gathering systems and export terminals will need to be constructed. Analysts at Deutsche Bank predict that spending will need to average around $15 billion a year until 2035. That equates to roughly $210 billion spent on new energy infrastructure.

Netherlands-based Chicago Bridge & Iron (NYSE:CBI) could be seeing the bulk of that work. The firm is a petrochemical and pipeline construction powerhouse, with projects ranging from LNG facilities in Australia to huge offshore/underwater pipeline networks in the North Sea. The firm’s backlog stands at an impressive $9 billion and could grow as these projects in the U.S. get under way.

Also featuring an impressive backlog is Halliburton spinoff KBR (NYSE:KBR). Like CB&I, KBR is focused on building a wide variety of petroleum-based infrastructure projects and grew its backlog by $5 billion in 2011 to sit at $10.9 billion. As one of the leaders in the pipeline and LNG space as well, KBR could find its way onto any shale portfolio.

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