Who We Are

We believe Texas volumes for 2027 are being decided by the drilling and completion data right now, not by the extremely volatily prices on the screen, and the October numbers from the Railroad Commission are…

Key Take: We believe election week didn’t just knock energy lower. It reshuffled the relative value of equity currency. From Monday’s pre-election close to today, the median stock in our ~200-name energy and utilities universe…

While we generally update our Love/ Hate portoflio series on Friday, the carnage in this one (all this week) warrants a pre-advise. We are currently down ~720bps as the long book is getting destroyed (see…

Williams (WMB) didn’t hit every expectation this quarter – apparently it didn’t need to (yet…). It filled out the buzzword card: ‘Scalable,’ ‘First of many,’ ‘Announce soon’ and ‘11% plus.’ Traditional sell side scored the…