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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

More in the Tank

The Bloomberg Global Tankers Index has given up almost 20 percent of its value since mid-October 2015 after a strong run earlier in the year. Despite this recent bout of weakness, shares of tanker companies have outperformed their peers in dry-bulk and container shipping over a similar time frame.

Although legitimate concerns have emerged about projected growth in the global tanker fleet over the next two years, much of the recent downside likely reflects profit-taking in a weak market and sympathy selling with oil prices and other shipping industries that face major headwinds.

Trading at 0.65 times book value, tanker stocks haven’t been this cheap since early 2013—even though industry fundamentals have improved significantly from three years ago. In our view, this disparity creates a good opportunity for investors to build positions in tanker companies.

Talking Tankers

The supply-demand balance for oil tankers will weaken over the next two years, with capacity additions outstripping demand growth related to emerging trade routes, global production trends and increasing oil consumption. Nevertheless, many tanker stocks trade at valuations last seen when the market faced much bigger challenges. Meanwhile, the outlook for refined-product tankers looks better, with a smaller order book and Saudi Arabia’s growing focus on exported value-added products instead of crude oil expected to keep the supply-demand balance relatively tight.

02/23/16: On Midstream Counterparty Risk

Over the past 12 months, we’ve warned of growing counterparty risk in the midstream space, frequently citing Crestwood Equity Partners LP’s issues with Quicksilver Resources and Sabine Oil & Gas. Our strategy for mitigating these risks remains avoiding names with exposure to out-of-favor basins where production declines likely will be most extreme and the potential recovery could be limited. We also continue to focus on the growth stories that still work in the current environment.

The Most Wonderful (and Frenzied) Time of the Year

Fourth-quarter earnings season is in full swing, inundating investors with a deluge of news, numbers and management commentary—useful intelligence on how various industries and individual companies have coped with the macro developments that have dominated the tape for the past 18 months.

In our recent Live Chats (the next one is scheduled for Feb. 23), the preponderance of the questions focused on master limited partnerships (MLP), likely because of the extreme volatility the group has endured over the past year.

In this issue, we analyze fourth-quarter results from our MLP Portfolio holdings that have reported thus far.

Subscribe today to receive a sample issue of EIA
  • Live Chat with

    Elliott and Roger on May. 30, 2017

  • 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