Although the S&P 500 has endured its fair share of volatility over the past week, the energy sector endured the deepest selloff, reflecting a 21 percent decline in the price of West Texas crude oil and a 23 percent drop in Brent crude oil since the end of the second quarter.
The selloff accelerated quickly on Oct. 9, prompting us to issue an Alert to subscribers highlighting our top seven stocks to buy during the energy bloodbath.
After today’s rebound, the Alerian MLP Index is down 7.8 percent since the start of September, while the Philadelphia Oil Service Sector Index has given up 18.4 percent of its value and the Bloomberg North American Independent E&Ps Index has tumbled 25.6 percent.
In this issue, we explain why our best ideas in today’s market include refineries, airlines and midstream operators.
US propane exports have soared to a record high--and there's more upside to come.
With winter just around the corner, many investors and market observers wonder whether we’ll witness another spike in Midwest propane prices.
Whereas SeaDrill’s stock has tumbled by 15.2 percent over the past year, SeaDrill Partners’ units have delivered a total return of 15.6 percent.
Surging production in the Permian Basin has exceeded the pace of pipeline development, depressing the price of West Texas Intermediate (WTI) and West Texas Sour (WTS) crude oils at the nearby hub in Midland, Texas.
SeaDrill has given up 36 percent of its value since the start of September, yet some uninformed market pundits continue to pound the table for the stock. These five myths about SeaDrill could cost you real money.
The stakes are high for the masters of midstream, particularly in the Northeast where surging output of natural gas has overwhelmed local demand and existing takeaway capacity, depressing the prices at Pennsylvania’s Leidy Hub relative to the Henry Hub in Louisiana.
Rather than regarding Kinder Morgan Inc.’s consolidation of its associated limited partnerships as a referendum on the MLP structure or the end of an era, investors should regard this move as a fresh start for the midstream giant--an opportunity to reshape itself to meet the demands of the marketplace and competitive environment.
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.
Breitburn Energy Partners LP's recently proposed acquisition of QR Energy LP demonstrates that the search for scale is alive and well among upstream MLPs, as private-equity buyers ratchet up the competition for asset acquisitions.
Elliott and Roger on Oct. 2, 2014
Balanced portfolios of energy stocks for aggressive and conservative investors.
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
Our assessment of every energy-related master limited partnership.
Roger Conrad’s coverage of more than 70 dividend-paying energy names.