Schlumberger Limited. (SLB), Chevron Corporation (CVX): Do You Have the Energy to Survive This Skittish Market?

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Similarly, while Chevron Corporation (NYSE:CVX), is the only major producer working upstream in Saudi Arabia, it’s also a leader in the Gulf of Mexico, South America, West Africa, the South China Sea, Canada, and the United Kingdom. Less recognized are its successes in developing renewable energy, including the development and operations of several successful solar projects.

In addition, Chevron Corporation (NYSE:CVX) is the analysts’ most highly rated integrated company, and easily possesses the group’s most muscular balance sheet.

National-Oilwell Varco, Inc. (NYSE:NOV), a favorite among Fools, has somewhat quietly catapulted itself into a $30 billion (market capitalization) company. Concurrently, it’s become the leading manufacturer of much of the key equipment and many of the components used worldwide in oil and gas exploration and production.

National-Oilwell Varco, Inc. (NYSE:NOV)’s somewhat disappointing first quarter was largely attributable to the need for digestion of the 51 acquisitions it’s consumed during the past four years. Nevertheless, the company retains a solid consensus buy rating by the analysts who follow it.

Denbury Resources Inc. (NYSE:DNR) presents a compelling niche opportunity for Foolish energy investors. The company’s focus is on carbon dioxide-based enhanced oil recovery (CO2 EOR). The process involves the injection of CO2 under high pressure into generally tired, old wells, thereby coaxing out much of the remaining hard-to-get-to oil.

Unless you’re a believer that our planet’s supply of oil is infinite, Denbury Resources Inc. (NYSE:DNR) clearly bears watching. The Plano, Texas-based company achieved operating margins near 43% and is essentially debt free.

The article Do You Have the Energy to Survive This Skittish Market? originally appeared on Fool.com and is written by David Smith.

Fool contributor David Smith owns shares of Denbury Resources. The Motley Fool recommends Chevron and National Oilwell Varco. The Motley Fool owns shares of Denbury Resources and National Oilwell Varco.

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