CAPITAL DISCIPLINE: The Market Rewards Companies for Not Investing as Prices Go Higher As discussed in previous months, a recurring theme in today’s energy landscape is the concept of capital… read more →
Reduced Pipeline Capacity is Pushing Energy Prices Higher As employers begin to encourage a return to the office and families plan road trips, the average price of a gallon of… read more →
Is Biden’s Goal of Carbon-Free Electricity by 2035 Possible? According to a recent article in Scientific American, the backbone of President Biden’s plan to use infrastructure spending to advance climate… read more →
Biden’s American Jobs Plan Illuminates the Need for Affordable Battery Technology As the first quarter under President Biden comes to a close, the Administration’s support for further development of green… read more →
Texas Bankruptcies Triggered by February’s Severe Cold Snap Brazos Electric Power Cooperative Inc., which supplies electricity to more than 660,000 consumers across the state of Texas, is one of dozens… read more →
2021 Outlook: Learning to Fly Credit Suisse’s Report on US Midstream and Master Limited Partnerships In my opinion, this team of analysts did a great job of summarizing the… read more →
Wells Fargo Securities Supports NAV Metric to Value E&P Companies [1] In 2021, many investors are looking forward to a cyclical recovery that boosts energy commodity prices. Over the past… read more →
New Math? Shale Oil / Covid-19 = OPEC+ According to Bloomberg News,[1] “A devastating global pandemic and a reckoning with Wall Street appear to have broken the resolve of the… read more →
Energy Dividends Require Positive Free Cash Flows Energy Transfer just announced it was reducing its dividend by 50% starting with the quarterly payment being paid this month. Although the market… read more →
De Minimis Control Premium and Formulaic Dividend Payouts On Monday, September 28, 2020, Devon Energy Corp. announced it will buy Permian basin peer WPX Energy Inc. for $2.56 billion.[1] The… read more →