Our Views on Q2 Earnings and More
Two months ago, Elliott and Roger shared a round table with Energy and Income Advisor readers, essentially a written transcript of discussions we had following the 2018 MLP & Energy Infrastructure Conference (MEIC). This issue, we return to that format with a wide-ranging discussion of energy sector issues affecting investors.
What follows is a condensed version of our conversations of recent days surrounding three key talking points:
1 | Developments in the Permian Basin, still the world’s hottest shale oil region and increasingly a hotbed for M&A;
2 | The latest on regulatory headwinds, including a referendum in Colorado and a first look at the potential impact of November 2018 elections on the US shale industry;
3 | Key takeaways from Q2 earnings, including the latest word from management teams on potential MLP to corporation conversions.
Roundtable: Our Views on Q2 Earnings, Picking Permian Basin Targets, MLP Corporate Conversion, 2018 Political Risks and More
Talking Point #1: The Permian Basin of West Texas and New Mexico
– Roger Conrad (RC): Elliott, a lot has happened in the energy sector since the Roundtable discussion you and I had following MLP & Energy Infrastructure Conference. But the most striking development to me is how, despite what seems to be an endless legion of skeptics, the action in the Permian Basin just keeps heating up.
