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Elliott Gue knows energy. Since earning his bachelor’s and master’s degrees from the University of London, Elliott has dedicated himself to learning the ins and outs of this dynamic sector, scouring trade magazines, attending industry conferences, touring facilities and meeting with management teams.

Elliott Gue’s knowledge of the energy sector and prescient investment calls prompted the official program of the 2008 G-8 Summit in Tokyo to call him “the world’s leading energy strategist.”

He has also appeared on CNBC and Bloomberg TV and has been quoted in a number of major publications, including Barron’s, Forbes and the Washington Post. Elliott Gue’s expertise and track record of success have also made him a sought-after speaker at MoneyShows and events hosted by the Association of Individual Investors.

Elliott Gue also contributed chapters on developments in global energy markets to two books published by the FT Press, The Silk Road to Riches: How You Can Profit by Investing in Asia’s Newfound Prosperity and Rise of the State: Profitable Investing and Geopolitics in the 21st Century.

Prior to founding the Capitalist Times, Elliott Gue shared his expertise and stock-picking abilities with individual investors in two highly regarded research publications, MLP Profits and The Energy Strategist, as well as long-running financial advisory Personal Finance.

In October 2012, Elliott Gue launched the Energy & Income Advisor, a semimonthly online newsletter that’s dedicated to uncovering the most profitable opportunities in the energy sector, from growth stocks to high-yielding utilities, royalty trusts and master limited partnerships.

The masthead may have changed, but subscribers can expect Elliott Gue to deliver the same high-quality analysis and rational assessment of investment opportunities in the energy patch.

Articles

Key Takeaways from Schlumberger’s Fourth-Quarter Earnings Call

In these uncertain times, Schlumberger’s quarterly conference calls are must-attend events; here are our key takeaways from the last week’s call, our updated thoughts on the oil-field services company as an investment and read-throughs for other energy companies.

The Big Picture and Our MLP Investment Strategy

Big changes are afoot in the energy patch. Investors who find comfort in old paradigms and patterns will be disappointed to find that familiar strategies don’t necessarily generate happy returns.

Over the past several years, the stock market has rewarded investors who bought the dips in the energy sector. These fond memories and perceived low valuations have prompted many bargain-seeking investors to allocate capital to upstream names and oil-field services stocks in the hopes of finding a bottom.

There will come a time to buy these names selectively, but smart investors should remain on the sideline for now. Regard any near-term rebounds as a sucker’s rally—another opportunity to exit riskier positions.

Remember that fourth-quarter results won’t reflect the full impact of lower commodity prices; West Texas Intermediate crude oil, for example, averaged $73 per barrel over this three-month period, compared to about $48 so far in 2015. And a mixed barrel of natural gas liquids (NGL) averaged almost $31 in the fourth quarter, about 55 percent higher than in January 2015.

Although some pundits will point to Schlumberger’s (NYSE: SLB) fourth-quarter earnings beating the consensus estimate as a bullish sign, management’s comments during the subsequent conference call gave investors plenty of reasons to remain cautious on oil-field services names, contract drillers and fracking sand providers.

As for what works in this environment, energy analysts are almost universally bullish on midstream master limited partnerships (MLP), citing their fee-based contracts and resilience when commodity prices cratered in late 2008 and early 2009.

But beware complacency when you venture into MLP land. We highlight the emerging risks in the midstream space and review all our MLP Portfolio holdings in light of the recent downdraft in energy prices.

  • Live Chat with

    Elliott and Roger on Mar. 3, 2015

  • Portfolios & Ratings

    • Model Portfolios

      Balanced portfolios of energy stocks for aggressive and conservative investors.

    • Coverage Universe

      Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.

    • MLP Ratings

      Our assessment of every energy-related master limited partnership.

    • International Coverage Universe

      Roger Conrad’s coverage of more than 70 dividend-paying energy names.

    Experts

    • Roger S. Conrad

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

    • Elliott H. Gue

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

    • Peter Staas

      Managing Editor: Capitalist Times and Energy & Income Advisor