Energy in Pictures

MLP Relative Valuations

Financial journalists and media pundits are fascinated by the concept of absolute valuation, especially after a prolonged rally in the stock market. Using metrics like price to earnings (P/E) or enterprise value to EBITDA, they...

By |July 30, 2014|Uncategorized|

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Oil and US Refiners

Just a few weeks ago, in early January West Texas Intermediate (WTI) crude oil prices were trading around $70/bbl and Brent was under $75/bbl, well...

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