Elliott H. Gue
Sell Occidental, Buy Permian Resources
Last year, the value trade in energy was natural gas. NYMEX natural gas prices averaged around $2.27/MMBtu and front-month gas prices dipped well below $2.00 in the spring and autumn “shoulder” seasons for gas. At...
Don’t Fret Geopolitics: Supply and Demand Will Propel Energy to New Heights
Editor’s note: This month’s issue is in two parts. On Tuesday, we sent part one. It’s the complete transcript and recording of “Our Thoughts on the Summer of Energy,”—a conversation from this past weekend featuring...
6/26/25 Capitalist Times Live Chat
Please click here to download a transcript in PDF format.
What’s in the “Big Beautiful Bill” for Energy
Energy politics have been a top priority for the Trump Administration so far, just as they were for the Biden Administration before it. And it’s now rolled up many of its priorities in the so-called...
05/29/25 Capitalist Times Live Chat
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Lower Energy Stock Prices = Opportunity for Patient Investors
In mid-March, benchmark North American natural gas prices hit their highest point since late 2022. The Alerian MLP Index had set one new record after another. And the price of West Texas Intermediate crude oil...
Energy Pullback Roundtable
Editors’ note: When investment markets move as much as they have recently, it’s always important to review and reassess outlook and strategy. Last week, we sat down together for that purpose. The following Q&A has...
04/30/25 Capitalist Times Live Chat
Please click here to download a copy of the chat transcript in PDF format.
Upcycling Energy: Strength in a Shaky Stock Market
It’s the year of natural gas. But oil’s future is bright—despite opening the year on the downside, and investor sentiment that’s become extremely negative. The bear case for prices this year basically boils down to...
It’s the Year of Gas, But There’s Value in Oil
More than 200 years ago, London-based financier Lord Rothschild said: “Buy to the sound of cannons, sell to the sound of trumpets.” The quote may well be apocryphal, but in our experience the sentiment holds...
3/26/25 Capitalist Times Live Chat
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More Strong Results from EIA Recommendations
The season for Q4 results and guidance updates continues to stretch on. As of the last issue of EIA, seven portfolio holdings had reported in: Baker Hughes (NYSE: BKR), ExxonMobil (NYSE: XOM), Hess Corp (NYSE:...
Ignore the Weather and Headlines: This is the Year of Natural Gas
So far, 2025 has been anything but a quiet year for energy investors. But unlike for much of the stock market—including suddenly wobbly Big Tech—that hasn’t been a bad thing. Seven of our Portfolio recommendations...
Forget the Weather
I know it’s cold outside. Just over a week ago the city of New Orleans, Louisiana, received 8 inches of snow in a single day, easily passing the prior record of 2.3 inches. Pensacola and...
2/27/25 Capitalist Times Live Chat
Please click here to download your February 2025 chat transcript in PDF format.
January 2025 Capitalist Times Live Chat
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Oil: The Imaginary Glut
Last week, crude oil prices broke from a tight trading range to the highest levels in about three months. In my view, there’s more upside to the low $90s/bbl in the first half of 2025....
Lack of Growth Can Indicate Risk
Endangered Dividends List companies are vulnerable for one or more of the following reasons: Cash flow coverage of distributions is inadequate. Elevated debt levels with imminent refinancing needs. Revenue pressure triggered by weakness for at...
12/30/24 Capitalist Times Live Chat
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AI Fever, Drill Baby Drill and Earnings
Happy Thanksgiving everyone! Please join us for our live webchat Tuesday afternoon, November 26 starting at 2 pm. Thanks for reading!—EG, RC. The energy sector has caught AI fever. It started with...
TRENDING TOPICS
Sell Occidental, Buy Permian Resources
Last year, the value trade in energy was natural gas. NYMEX natural gas prices averaged around $2.27/MMBtu and front-month gas prices dipped well below $2.00...
Early Energy Q1 Returns: Shale Discipline in Force
Four Energy and Income Advisor Model Portfolio companies have now released Q1 results and updated guidance: Services companies Baker Hughes (NYSE; BKR) and SLB Ltd...
Earnings and Partners/XPLR Strategic Review
Annual filings are far more detailed than quarterlies. The trade-off for investors is they take longer to compile. Nonetheless, there’s already been plenty of action—as...
Oil: The Imaginary Glut
Last week, crude oil prices broke from a tight trading range to the highest levels in about three months. In my view, there’s more upside...