Michael Fitzsimmons
Oil & gas, dividend investing, research analyst

Dresser-Rand: This Mid-Cap Could Easily Double In 2 Years

The Dresser-Rand Group (NYSE:DRC) is a mid-cap company operating in the energy infrastructure space of the energy services group. In 2012, total revenue was $2.74 billion and earnings were $2.35/share. Those numbers were up +18% and +53%, respectively, year-over-year.

After doubling over the last three years, DRC could easily double again over the next two years. Here's why:

Dresser-Rand is a technology company specializing in high speed rotating equipment like compressors, turbines, and engines. The company makes and services mission critical equipment. As CEO Vince Volpe said at a recent Barclays conference, the refiner won't make gasoline if the compressor in the cracker isn't working; the LNG plant won't make LNG if the refrigeration unit is...

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