Outlook 2016: Energy Prices
Our calls on crude-oil prices over the past year have been spot on for the most part. Although our macro calls haven’t saved our Portfolios from the carnage, we have avoided many of the worst performers, used hedges to provide some upside protection and set ourselves up to profit from the down-cycle’s final chapters. Here’s what we see for the year ahead.
Buying Opportunities
Earlier this week, we took advantage of the post-Thanksgiving pullback to add three names to our Model Portfolios that boast solid yields and offer exposure to growth stories that are largely independent of movements in commodity prices:
The Midstream Bunch
We dig into the latest batch of midstream master limited partnerships to go public, including Dominion Midstream Partners LP, JP Energy Partners LP, CONE Midstream Partners LP and VTTI Energy Partners LP.
US Propane Exports to Continue Their Climb
US propane exports have soared to a record high–and there’s more upside to come.
Another Propane Shortage in the Midwest? Depends on the Weather Forecast
With winter just around the corner, many investors and market observers wonder whether we’ll witness another spike in Midwest propane prices.
Enterprise Products Partners LP: Great Company, Not a Great Stock
Enterprise Products Partners LP boasts one of the strongest balance sheets and growth prospects in the MLP universe. However, a frothy valuation means that investors should stand aside and wait for a pullback before adding to or establishing a position in the name.
How to Profit from US Energy Exports Today
With US propane production expected to increase by another 18 percent this year as new gas-processing and fractionation plants come onstream, US exports remain an important release valve to help balance the domestic market.
Blue-Chip MLPs’ Outlook for North American Energy Markets
We look to commentary from the management teams at Enterprise Products Partners LP and Plains All American Pipeline LP for insights into the direction of North American commodity prices and emerging opportunities throughout the energy value chain.
NGL Price Update: The Lighter End of the Barrel
Although US ethane prices likely will remain depressed for at least the next three years, the price of propane has staged a comeback since the end of the second quarter.
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Live Chat with
Elliott and Roger on Jul. 27, 2017
Portfolios & Ratings
Model Portfolios
Balanced portfolios of energy stocks for aggressive and conservative investors.
Coverage Universe
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
MLP Ratings
Our assessment of every energy-related master limited partnership.
International Coverage Universe
Roger Conrad’s coverage of more than 70 dividend-paying energy names.
Experts
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Roger S. Conrad
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
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Elliott H. Gue
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
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Peter Staas
Managing Editor: Capitalist Times and Energy & Income Advisor