What We Expect in Q1 Earnings and What We’ll Learn
Over the next few weeks, the energy sector will report Q1 results and management teams will update guidance for 2021 and beyond. At stake is whether individual companies are holding up at this stage of the energy price cycle.
Pioneer Natural Resources Acquires DoublePoint
Shale exploration and production (E&P) giant, Pioneer Natural Resources (NYSE: PXD) announced a deal to acquire privately-held DoublePoint Energy, but the reception on Wall Street has been less than enthusiastic.
Portfolio: New Energy Upcycle Still in the Early Stages
In the feature article of our last issue, “The View from $60 Plus Oil,” we outlined our constructive outlook for crude oil prices based on three primary drivers: Recovering global demand, continued supply discipline from OPEC+ and restrained growth from the US shale producers.
3/25/21 Energy & Income Advisor Live Chat
Elliott Gue and Roger Conrad will host their monthly Live Chat for subscribers Thursday, March 25, 2021 at 2 PM Eastern time. We hope you’ll join us!
Worst to First: What’s Next for Energy’s Hot Stocks
After lagging the field the past few years, energy stocks have torn up the track so far in 2021. The S&P 500 Energy Sector Index is up more than 40 percent year to date, and almost 90 percent since results of the November presidential election became clear.
All of our Portfolio and High Yield Energy producers and midstream stocks are up strongly as well. ONEOK Inc (NYSE: OKE) is 90 percent higher since early November. Crestwood Equity Partners (NYSE: CEQP) has nearly doubled and Occidental Petroleum (NYSE: OXY) has more than tripled, to highlight just a few rags to riches stories.
The View from $60 Plus Oil
For months now we’ve held a constructive outlook for crude oil prices and energy stocks that’s based on three primary drivers. First, there’s an ongoing recovery in global oil demand from last year’s economic lockdowns and travel restrictions that we expect to accelerate as coronavirus vaccines are rolled out more widely in 2021.
2/25/21 Energy & Income Advisor Live Chat
Elliott Gue and Roger Conrad will host their monthly Live Chat for subscribers Thursday, Feb. 25, 2021 at 2 PM Eastern time. We hope you’ll join us!
Feature: Q4 Earnings Roundtable
We follow up last month’s Q&A with comments based on what we’ve seen in energy companies’ Q4 results and guidance for 2021, since the previous issue of EIA earlier this month. Save the date for our next members-only web chat on February 25 starting at 2 pm for more on individual companies and other questions.
Portfolio: More Numbers, Guidance and a Merger
Energy Transfer LP (NYSE: ET) is buying fellow High Yield Energy List member Enable Midstream Partners (NYSE: ENBL) in an all-stock deal valued at $7.2 billion, including assumed debt. The purchase includes the general partner interest held jointly by Centerpoint Energy (NYSE: CNP) and OG&E Energy (NYSE: OGE), both companies’ combined nearly 80 percent limited partner interest and the remaining publicly traded shares.
Live Chat with
Elliott and Roger on Jun. 29, 2022
Portfolios & Ratings
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