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T Boone Pickins Is Behind Natural Gas And Wind Power Stocks

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photo by Kevin Dooley

Alternative energy has been in the forefront of the news lately, even with the price of oil dropping more than 50% in the last three months. The issue has become so important that more needs to be done. The problem is that any talk about it has it not making a good enough dent until 2018 or later. Why is it that something that everyone believes to be important isn’t being pushed harder to accomplish it?.
T Boone Pickens is been putting his money where his mouth is, into alternative energy. Mainly in wind energy as well as natural gas. The plan is to build new wind generating facilities that will produce 20% of this country’ electricity and allow the use of natural gas as a transportation fuel source. He says that these domestic energies can replace over one third of our dependency on foreign oil imports. The best thing is that he said it can be done in ten years.
I have been a big believer in alternative energy well before it became the “in thing”. When I first started trading in the stock market I invested in alternative energy stocks. Which was a good thing because they have grown into a powerful force in the stock markets. When the idea of alternative energy stocks started to really catch on it helped propel my portfolio by leaps and bounds. One of my best trades of all time was getting in and buying stock in First Solar Inc. (NASDAQ:FSLR) when it was at $35 per share.
Now that the stock market has taken a nose dive into oblivion, it has caused these stocks to come down from their highs by more than 50% (in most cases). That is exactly what I wanted to see for me to make a more of a foothold in this sector. I have always kept a position in alternative energy stocks over the years and look forward to major gains in this sector. I want to bring some stocks to light that I feel will benefit from the Pickens Plan.
P.S. Want to learn more about the stock market? take a free two week trail with Jim Cramer from TheStreet.com

Quanta Services Inc. (NYSE:PWR), a company that I’ve spoken about before here and have been a investor of the stock for some time. They are a contracting service company that offers many different solutions to electric power, gas as well as many other areas. These guys I feel will be the ones who get the most of the contracts for installing the transmission cables for the wind turbines.
Kinder Morgan Energy Partners LP (NYSE:KMP) is a major player when it comes to natural gas companies. They are based in Houston Texas, which is in the heart of the wind corridor that Pickens speaks of and most of their pipelines branch out from that region. The Natural Gas Pipelines segment gathers, transports, stores, treats, processes, and sells natural gas through approximately 14,700 miles of natural gas transmission pipelines and gathering lines, as well as natural gas storage, treating, and processing facilities. On top of everything else that this company can do, their stock at it’s current price offers a 8% dividend yield.
Linn Energy, LLC (NASDAQ:LINE) is an independent oil and gas company. The company has oil and gas, and natural gas reserves in Mid-Continent, which includes the operating areas Texas Panhandle and Oklahoma; and Western region comprising the Brea Olinda field of the Los Angeles Basin in California. They are also based in Houston Texas. To make this a more attractive stock to own at this time is that their dividend yield at it’s current price is 15.6% and it’s ex-dividend date is in the first week of November.
Composite Technology Corporation (OTCBB:CPTC.OB) at the moment they’re the new kid on the block (relatively speaking). The company operates through two segments, CTC Cable and DeWind. Between the two areas they cover the cables and the turbines that will be needed. The ACCC conductors can handle a higher temperature than most to help reduce burnouts and blackouts. This stock is my speculative stock and should be treated as such by anyone looking to invest in it.
Of course there are many more companies that will benefit for the growth of alternative energy in this company, but I don’t want to have this post go on forever. This sector will have great gains in the next few years and if you have the time to wait you can make out big with your gains.
*DISCLAIMER* At the time of this post, Billy is long Kinder Morgan and Linn Energy.
P.S. Want to learn more about the stock market? take a free two week trail with Jim Cramer from TheStreet.com

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7 Responses to “T Boone Pickins Is Behind Natural Gas And Wind Power Stocks”

  1. mike smith says:

    Mr. Pickens,

    I am retired. I would like to work for you. If you will, please let me know if I can be of service.

    Mike Smith

  2. David Begum says:

    Every government should focus more on Alternative Energy so as not to be too dependent on Oil and avoid air pollution as well.

  3. Zoe Murphy says:

    Alternative Energy do really help the environment so that is why we should use more of it. “~-

  4. Grace Brown says:

    actually it is not that hard to setup wind farms, the only problem is that it requires lots of capital investment.’-`

  5. Billy Akerman
    Twitter: billyakerman

    You are absolutely right Grace. I’m presently trying to get a 50MWH farm going in Texas and the hardest part so far has been coming up with the $$$ just to submit applications for impact survey and a feasibility study. If you or anyone else wanting to invest in this project with great residue income, please contact me by e-mail.

  6. Alisha Cox says:

    wind farms are great but they also take up a large land area.`’

  7. Joanne says:

    To some regards Alisha, you are correct, but that also depends on what type of wind turbine you are going to put on the land. If you are going to use one of those GE wind turbine that stand over 500′ tall, yes you will need a lot of land. There are some great vertical wind tubines that won’t need that amount of land.


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