Investing Topics: Oil Investing

The oil and gas industry has blown hot and cold toward the Niobrara Shale over the past several years, with a lack of takeaway capacity, uneven well results and elevated production costs offsetting the promise of an oil-weighted resource base. The huge successes achieved in the Bakken Shale and Eagle Ford Shale also overshadowed developments in Colorado. But upstream operators have stayed the course and honed their production techniques to the point that the play is starting to shift from the exploratory stage to full-scale development.

Shares of our favorite provider of marine seismic services have taken a breather after a solid run. A number of near-term upside catalysts could help the stock break through later this year.