New Energy
The big story for energy markets in the first half of 2017 will be a stronger-than-expected surge in US shale oil production that keeps the lid on global oil prices. To take advantage, we’re adding a midstream processing and pipeline company to the portfolio.
Why OPEC’s Math Doesn’t Add Up
OPEC's Nov. 30 meeting yielded an accord to cut oil production by 1.2 million barrels per day, sending the price of West Texas Intermediate 9 percent higher on Wednesday and 3.5 percent higher on Thursday. After this exuberance subsides, the market's focus will shift to whether OPEC members honor their agreement and a potential recovery in US oil production.
MLP M&A: Deals, Deals, Deals
This week brought rush of third-quarter earnings and three acquisitions involving midstream MLPs. Here’s our take on this flurry of deal announcements.
MLPs: Evolution, Not Extinction
The recent wave of general partners acquiring the master limited partnerships under their auspices doesn't reflect a fatal flaw in the structure or this relationship.
A Bull Market for Brazen Forecasts
Sensationalist predictions about oil prices have become all the rage over the past two months, but they won't necessarily help investors make money. We explain our outlook for crude-oil prices and why a buying opportunity may be around the corner.
However, the universe of energy stocks that meet our buying criteria is relatively small; don’t misconstrue this call as open season to buy energy stocks. Not every company has the potential to outperform, let alone survive.
Oil Prices, Inventories and the US Dollar
Fluctuations in the US dollar's value relative to major international currencies can influence crude-oil prices. But many more important factors are also at play. Right now, elevated oil inventories, resilient US production and the prospect of refinery turnarounds set the stage for seasonal downside in the price of West Texas Intermediate.
Key Takeaways from the NAPTP’s MLP Investor Conference
We attended the National Association of Publicly Traded Partnerships' MLP Investor Conference and lived to tell the tale. Here are some of our key takeaways from the most important event of the year for MLP investors.
Key Takeaways from Schlumberger’s First-Quarter Earnings Call
Schlumberger's quarterly earnings call usually includes loads of useful insights for energy investors; the company's most recent conference call was no exception.
Hunting for MLP Value Plays
We'll be looking for value at the NAPTP's annual MLP investor conference.
SolarCity Corp: Sun-Dazed Investors Get Burned
A charismatic CEO and disruptive business model aren't enough to paper over SolarCity Corp's (NSDQ: SCTY) dismal financial results.