Our Research

For the news, we include a brief summary description for each headline. We only include links to news sources that do NOT require you to have a subscription to the respective site, or if they do, they are free of charge. However,…

Having covered PSXP – at the risk of aging ourselves – for many years before the buy‑in, PSX has been in our wheelhouse for a long time. One of our most‑read notes since the inception…

We currently have three active trades on: Long PSX vs. Short MPC (– Timm-inator 2: Market Judgment Day – Quick Takes from Houston & NYC; Key Earnings Themes): +6% since inception on 10-21-2025. Today marks…

Within, we show our (extremely) detailed monthly Texas drilling, permitting and completion analytics from the ground up – delivering sharper basin-by-basin breakdowns and forward-looking insights to help you spot emerging trends. What’s new: Complete basin-by-basin analysis…

It’s that time again! We are initiating our latest ‘Most Loved’ and ‘Most Hated’ Equity Portfolio into the end of the year. Recall these are shorter-term, sentiment based long/ short stock picks based on real-time…

For the news, we include a brief summary description for each headline. We only include links to news sources that do NOT require you to have a subscription to the respective site, or if they do, they are free of charge. However,…

On Wednesday, we published our initial take on the transaction, financials, and an asset overview (Could Elliott’s Amber Energy (Likely) Purchase of CITGO Fundamentally Reshape U.S. Refining…). In this follow‑up, we refine several estimates (including…

…is a question no one has asked us (Holiday fatigue or no one cares about ‘old world economy?’) – but is one we have been pondering post Tuesday’s press release (Amber Energy Approved as Acquirer…

Shares of KNTK have plunged ~38% YTD, fueling a spike in client inbounds and igniting one of the hotter debates in Permian Midstream (M&A). The key question: Is KNTK a willing seller, or is management…

…Specifically, if KNTK would be a seller at these levels. It all depends (Call us). Shares are down ~38% YTD. Naturally, we ran a full accretion/ dilution analysis featuring 15 potential buyers for KNTK out…

source: The Schneider Capital Group We just scraped the entire internet (X, Reddit, StockTwits, blogs, forums – everything) for the ~200 energy, utility, and chemicals issuers we track. The result: We identify the 20 stocks…

Within, we present a full accretion/dilution breakout (EPS/FCF/EBITDA/Leverage) for 18 targeted Chemicals M&A deals – sharpened from our initial matrix of ~100 hypothetical combinations (link). Why the urgency? Q3 earnings confirm the chemical sector’s deep…

For the news, we include a brief summary description for each headline. We only include links to news sources that do NOT require you to have a subscription to the respective site, or if they do, they are free of charge. However,…

Esentia Energy Development’s IPO (finally) priced – at 45 pesos per share, a steep 26% discount to the original mid of the 50- 72 peso range. Not entirely a shock… but plenty of blame to…

Our recent client conversations on natural gas reflect the widest – and most fiercely opinionated – divide seen in years. From rapid-fire near-term trading to 2026+ macro scenarios, LNG expectations have polarized the market drawing…