Peak Oil Investing

One of the most efficient ways of transporting commodities is via river. Beats even rail. If we're still somewhat of a civilization still trading anything river transports will still be in biz.

But the only publicly traded co with exposure here is Kirby Corporation (KEX). Sporting a hot -3.76 eps I just can't get the gumption to hit the Buy button. Any true analysis why I may be overthinking it?

Alternatively, I'm also trying to chase down 2nd order beneficiaries but know nothing of the industry. Any stocks with exposure to barge manufacturing? Docks? Etc..?

Thanks for introducing this company - I hadn't heard of them before.
Looking at the results over the years they are very up and down depending on external conditions (ie cyclical).
They are expecting to produce upwards of $200 million free cash flow this year which puts them on a FCFPE of 20 @ $68.
Most of their cargo's are for the petrochemical industry & I would ask whether they would be able to benefit from declining volumes of oil etc or maybe their revenues would just decline (unlike their cost base).