Riding the Cycle
The end of easy oil is a secular trend that will provide a long-term tailwind for the services industry. However, investors also need to be attuned for short-term downdrafts and updrafts in this cyclical industry as a means of identifying which names are best-positioned to thrive in the current environment.
Start to Profit from the End of Easy Oil
Welcome to the inaugural edition of Energy & Income Advisor, your complete guide to energy investing. We hope you enjoy the new website; we will roll out additional features in the coming weeks, including an absolute-return portfolio and ratings of every publicly traded oil and gas royalty trust.
In this issue, we examine the end of easy oil, one of the key secular tailwinds for the oil-field services sector, and the cyclical trends that are currently driving valuations in the space–namely, the divergent outlook for the North American and international markets.
Going Long: The End of Easy Oil
Although global oil production has yet to reach its zenith, the supply of easy- and inexpensive-to-produce oil has likely peaked. To replace declining production from mature fields and generate growth in output, producers increasingly must ramp up operations in technically complex plays that are much more expensive to develop.
Live Chat with
Elliott and Roger on Jan. 29, 2021
Portfolios & Ratings
Model Portfolios
Balanced portfolios of energy stocks for aggressive and conservative investors.
Producers and Drillers
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
MLPs and Midstream
Our assessment of every energy-related master limited partnership.
International Coverage
Roger Conrad’s coverage of more than 70 dividend-paying energy names.
Experts
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Elliott H. Gue
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
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Roger S. Conrad
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor