• Twitter
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Roger S. Conrad

Portfolio: The Recovery Continues

By Elliott H. Gue on Dec. 18, 2020

Last issue, we added two oil and gas producers to our Model Portfolio, EOG Resources (NYSE: EOG) and Pioneer Natural Resources (NYSE: PXD). Since then, they’re up more than 10 and 12 percent, respectively.

The key catalyst so far appears to be strengthening oil prices. And it’s a force that should keep on driving returns higher in 2021, as crude eventually reaches our projected trading range of $50 to $60 a barrel.

Rising oil and natural gas prices obviously benefit producers’ earnings directly. And for both companies, it will be on a leveraged basis, as they benefit from squeezed out costs and heightened efficiencies put in place to weather the tough conditions of the past year.

But as we’ve pointed out before, the 50s are likely to prove extremely significant for another reason. They represent a level of prices that’s likely to greatly increase investors’ comfort level in business plans of companies like EOG and Pioneer, as well as others like ExxonMobil (NYSE: XOM).

Energy & Income Advisor

Your complete guide to energy investing, from growth stocks to high-yielders.

In October 2012, renowned energy expert Elliott Gue launched the Energy & Income Advisor, a twice-monthly investment advisory that's dedicated to unearthing the most profitable opportunities in the sector, from growth stocks to high-yielding utilities, royalty trusts and master limited partnerships.

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

    Elliott and Roger on Jun. 29, 2022

  • 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.


    • 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