Kirby Corporation (NYSE:KEX) obviously isn’t the only option for investing in the increasingly important barge transportation market. Indeed, you should also become familiar with a couple of related companies:
Martin Midstream Partners L.P. (NASDAQ:MMLP) transports petroleum products and also serves the sulfur industry. It owns or operates 31 marine shore-based terminals.
Seacor Holdings, Inc. (NYSE:CKH), based in Fort Lauderdale, operates offshore and inland river marine transportation segments. The latter includes the servicing of customers through treks on the river waterways of Central and South America.
Foolish bottom line
In the eight years that I’ve monitored Kirby Corporation (NYSE:KEX), I’ve remained impressed by the quality of the company’s management team, its assets, and its dedication to thorough employee training. For those and other reasons, the company remains my favorite in the group — and the analysts’ as well. With domestic crude oil output destined to expand steadily in the years ahead, I suggest that Fools with a bent for energy keep Kirby on your radar screens.
The article An Overlooked Way to Benefit From U.S. Oil Output originally appeared on Fool.com.
Fool contributor David Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.
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