These days, when most people think about Canadian energy resources, the oil sands or the controversial pipelines of TransCanada (TSX:TRP) and Enbridge (TSX:ENB) come to mind. Thanks to a recent EIA study of 41 countries around the world, Canadian shale natural gas might finally get the respect it deserves. Based on the results, Canada cracked the list in the number five slot with 573 trillion cubic feet (tcf) of technically recoverable shale gas reserves. Based on this, there are several key players in the Canadian market that analyst Taylor Muckerman believes warrant a look from investors.
Covering infrastructure plays and producers, the following video highlights some names you are likely familiar with. TransCanada is certainly at the top of the list despite its struggles in gaining approval for its entire Keystone XL pipeline. TransCanada’s existing natural gas pipeline infrastructure is sure to see contract extensions well into the future if these figures prove to be even remotely accurate and Canadian producers such as Encana (TSX:ECA) decide to tap the extensive resource base. Tune in below for info on the remaining companies he believes should benefit.
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This post was created by Fool.com contributors Joel South and Taylor Muckerman.
Fool contributor Joel South has no position in any stocks mentioned at this time. Fool contributor Taylor Muckerman has no position in any stocks mentioned at this time. The Motley Fool owns Apache.
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