Thinking about the future is one step closer to becoming a little greener. We need to be prepared on what is to come, and working alongside the energy sector is a great way to start.
Before you dive in, consider picking up the utmost comprehensive guide to the energy sector. Our top choice is an energy book from Fisher Investments, a book that will draw you in, whether you’re a new investor or someone who’s been in the market for years.
Led by the team at Fisher Investments, readers will indulge in a book loaded with detailed data, helpful advice, and encouraging insight, all while the authors deliver a method for top performance and other risk-management opportunities.
A good introduction to the details on energy sector and energy business, the book highlights information that a person needs to know if you are planning on investing in energy-related business. For those who are heavy on the details of the industry, you may find this a great way to reinforce your knowledge; for those who are new, you’ll find this priceless.
Fisher Investments has devoted this as the first book to an ongoing series, one that will provide individual investors, investment professionals, and students with the knowledge to understand and analyze investment opportunities. Used primarily for investing in global stocks, each guide (this one included) outlines economic sectors, regions, or other areas of the global stock market.
This specific book in the series helps make those important decisions in the energy sector. It is divided into three detailed parts: Getting Started, Energy Details, and Thinking Like a Portfolio Manager.
The beginning of the book discusses all of the supply and demand details of oil and natural gas prices: energy’s biggest drivers. Companies engaging in the exploration, production, delivery, refining, and marketing of petroleum products to consumers are necessary components of this process; the main segments are upstream, midstream, and downstream:
- Upstream: finding the actual reserves and selling them.
- Midstream: processing, storage, and transportation of these materials.
- Downstream: refining them for sale to consumers.
The key drivers include commodity prices, oil and gas production growth, finding and development costs, exploration and production capital expenditures, refining margins, taxes, politics, and regulations, among others.
The book then takes you through the different sub-industries (seven in total) within the sector as a whole. Each one is explained in detail on how they are operated day-to-day, relating each to the fundamentals of the industry. It addresses current challenges of today’s energy sector, notably alternative energy, a section that we love to highlight for its greenness! Finally, it gives the readers a comprehensive five-step process to help compare the variety of firms in the energy field, which will help identify which ones are best to invest in, along with strategies to make the decision.
The framework provided in the book–as well as the whole series–will help you make better investment choices, and build your own creative success.
For more information visit energy.fisherinvestments.com