Top Oil Service Stocks To Own For 2015

Top Oil Service Stocks To Own For 2015: Westport Innovations Inc(WPRT)

Westport Innovations Inc., together with its subsidiaries, engages in the provision of low-emission engine and fuel system technologies that enable light, medium, heavy-duty, and high-horsepower petroleum-based fuel engines to use natural gas and alternative fuels. The company designs, produces, and sells alternative fuel engines, systems, and components for automotive and industrial markets. It also designs, engineers, and produces natural gas engines for the urban buses, refuse collection trucks, and conventional trucks and tractors, as well as for specialty vehicles. In addition, the company offers 15 litre natural gas engines for the heavy-duty trucking market, as well as is involved in the engineering, design, and marketing of natural gas-enabling technology for the heavy-duty diesel engine and truck market. Westport Innovations Inc. was founded in 1995 and is headquartered in Vancouver, Canada.

Advisors' Opinion:

• [By Jon C. Ogg]

  Our take is that for$75 oil as a benchmarkto happen, the global economy has to tip backward into even slower growth (or worse) AND that a change to natural gas engines for the US truck fleet has to occur. T. Boone Pickens has been a huge proponent for this effort, and it is one reason we pointed out earlier in the year that Westport Innovations Inc. (NASDAQ: WPRT) could actually double again. Until better hope of a natural gas trucking fleet is possible, this remains a long shot. Barron’s contends that internal combustion engines can now be run efficiently on alternative fuels (including gas).

• [By Neha Chamaria]

  Natural gas and international markets
  PACCAR already dominates the natural-gas-powered heavy-duty truck market in the U.S. with a 40% share, thanks to its long-standing relationship with Cummins and Westport Innovations (NASDAQ: WPRT  ) . As one of Cummins' prominent customers, PACCAR is one of the first ! to adopt Cummins-Westport engines for its truck models. So any rise in Westport's engine shipments means increasing demand for natural-gas vehicles, which bodes well for PACCAR.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-oil-service-stocks-to-own-for-2015.html