With hydraulic fracturing taking over, energy production in North America is booming to say the least. From the Bakken to the Marcellus, energy stocks like Range Resources (RRC) to Whiting Petroleum (WLL) have realized plenty of profits as they have begun to tap our abundant shale resources.
Energy stock investors have reaped the rewards as well. Share prices for America’s independent energy producers have surged over the last few years as the shale story has taken hold.
However, there is more than one way to skin a cat. Aside from oil stocks like RRC and WLL, there are plenty of other ways for investors to reap the rewards of the energy and shale boom. Many of them aren’t energy stocks at all. These “quiet” shale boom plays could be some of the best kept secrets in the riding America’s road to energy independence.
Here are five of the best.