Energy M&A Heats Up
What do super major oil company Chevron Corp (NYSE: CVX) and leading US rooftop solar installer Sunrun Inc (NSDQ: RUN) have in common? They’re on the leading edge of a building wave of energy mergers and acquisitions.
Don’t Sweat DAPL: There’s Still Life in Midstream Stocks
After a series of rulings rejecting federal permits for new pipelines, the US District Court for D.C. actually threw out one for an already operating one. The result: An order to immediately shut down the $3.8 billion Dakota Access Pipeline, which transports oil from the Bakken shale of the upper Midwest.
Will Kayne Anderson Make a Comeback?
Investors’ craving for simplicity and low costs is second only to desire for generous dividends and capital gains. Unfortunately, those two priorities aren’t always compatible.
Total SA: Affirming the Super Major Business Model
The environment is changing but the super major business model is alive and well.
More Pain Ahead for Smaller Midstream
It’s been a week since the most recent issue of Energy and Income Advisor went to post. And already 15 more energy companies have announced distribution cuts, stretching from wellhead to burner tip.
Kinder’s Dividend Decision: Prudence, Not Weakness
Back in 2017, financially recovering Kinder Morgan Inc (NYSE: KMI) promised investors three dividend increases. But this week, it offered up a 5 percent lift for 2020, just 20 percent of what was promised. Under normal conditions, I’d view a shortfall like this as a potential warning of underlying business weakness – here’s why in this case, it’s not.
Energy Bonds Are Ripe Again
Nothing incites investor panic like a fast-falling safe haven. But the Federal Reserve’s Monday announcement abruptly calmed what had been a growing rout in corporate as well as municipal debt. What’s left now is a massive supply of bonds with the highest yields since 2008.
What’s Going On With Midstream?
Saudi Arabia’s decision last weekend to crank up production was the last straw for oil prices, already depressed by demand concerns resulting from global reaction to the spread of COVID-19.
Q4 Verdict: Our Midstream Distributions are Safe and Worth Buying
Q4 results have three clear takeaways: The midstream sector stress test is well underway; best-in-class midstream companies have made needed adjustments; and no love from investors has created a major opportunity to lock in extremely high, sustainable yields.
The Wuhan Coronavirus: Don’t Make Simplistic Comparisons to SARS
It’s not hard to see the sell-off in oil prices and energy stocks in recent weeks has broadly corresponded to the spike in news interest surrounding the Wuhan Coronavirus. But, here’s the good news.
Live Chat with
Elliott and Roger on Sep. 30, 2020
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
-
Elliott H. Gue
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
-
Roger S. Conrad
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor