With the strong increase of shale oil and gas production, there has been a slight shift in the construction practices. With fewer miles of pipe being laid, however, there are a greater number of projects which tend to be shorter run of smaller diameter pipe. Most of the shale pipelines are being welded with traditional technologies, such as engine drives and stick electrodes in the U.S., which plays to one of our many strengths. There are also still a great number of global mega projects on the horizon, with most lines intended for long distance transmission of natural gas. With the new abundance of natural gas, which accounts for 75% of the planned U.S. projects, the prospects for the U.S. exporting LNG, there is a movement to lobby for new LNG export terminals and converting existing terminals from input to export capabilities here in the U.S. In the pipe mill segment, demand in the Middle East remains very strong and we are pursuing those opportunities and winning important new business opportunities.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV