Clean Energy Fuels Corp. (CLNE), Apache Corporation (APA) & More: How To Invest Like T. Boone Pickens

Pickens has also dabbled in wind, but with much less success than his fossil-fuel efforts. In October 2012, Pickens sold his stake in a huge wind-farm development proposal, suffering a $150 million loss. This experience reinforced his belief that natural gas is the energy source of the future, saying: “I’ve lost my (rear end) in wind power. Oil and gas are where the jobs are at.”

What’s he holding now?

Action to Take –> There are few people in the world with as much insight into the global energy markets as T. Boone Pickens. The oilman turned corporate raider cashed in on the bullish trend in oil during the 1980s, producing big gains for investors and becoming a billionaire in the process. But now, 25 years later, Pickens sees another big opportunity for investors to cash in on a bullish trend — this time in natural gas.

And there are plenty of great ways to cash in. United States Natural Gas Fund, LP (NYSEARCA:UNG) is an ETF (exchange-traded fund) that provides investors with exposure to natural gas prices. EOG Resources Inc (NYSE:EOG) is a domestic leader in the booming natural gas industry, making big investments in the Bakken and Barnett shale formations, two of the biggest shale plays in the country. CARBO Ceramics Inc. (NYSE:CRR) is a pick-and-shovel play in the natural gas space, specializing in selling consumable materials used in the extraction process of natural gas.

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This article was originally written by Michael Vodicka and posted on StreetAuthority.