Our Research

On November 14th we went live with the ‘Survey Portfolio.’ This is a collection of 33 Longs and 33 Shorts on the heels of our most recent investor outlook survey. Results can be viewed here:…

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…

We’re excited to present a ~50-page slide deck featuring the latest publicly available investor presentations into data center growth, AI evolution, and power demand trends. This resource compiles highlights across three key areas: 1) Upstream, 2) Midstream,…

Within, we share with you real-time 1) Current Absolute Shares-on-Loan Utilization; 2) W-W % Changes in Absolute Shares-on-Loan Utilization; 3) Borrow; and 4) Changes in 4-week moving average shares-on-loan utilization for ~200 publicly traded corporates…

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…

Happy Friday – yesterday we published our (much anticipated) investor survey stock picks over the next twelve months. To clarify, these are not our picks, but rather those of the folks on our blast list….

Thank you to the ~60 responses. Breakout as follows: 1) ~45% Long-Only; and 2) ~20% Hedge Fund. The rest was fairly evenly split between Infrastructure Funds; Private Equity; Bankers; Commodity Traders and Other. ***Full Details…

…was a question we received on the heels of our recent ‘Return required to get to previous 52-week high share price’ analysis. Link to our earlier note: Energy & Utilities: Share Prices Are Just for…

Within, we share with you real-time 1) Current Absolute Shares-on-Loan Utilization; 2) W-W % Changes in Absolute Shares-on-Loan Utilization; 3) Borrow; and 4) Changes in 4-week moving average shares-on-loan utilization for ~200 publicly traded corporates…

…at equity returns required to reach 52-week highs for ~200 companies across the Energy & Utility value chain. This is quite a telling analysis. While most sell-side research prominently features YTD returns for stocks, we…

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…

We are closing out our inaugural Model Portfolio for a total return of 24.4% since inception on January 10th 2024. The Long book delivered a total return of ~21.9%, while the short book contributed ~2.5%….

Within, we provide our thoughts on The Texas Railroad Commission (RRC) most recent monthly ‘Summary of Drilling Permits, Completions and Plugging Reports Processed’ for the month of October. ***Happy to chat on specific stock takes and…

Effective immediately, we are closing our LONG long position of Cheniere Energy (LNG) in the model portfolio. This was a ~9% weight in our Long book. The position has generated a return of ~20% since…

Within, we share with you real-time 1) Current Absolute Shares-on-Loan Utilization; 2) W-W % Changes in Absolute Shares-on-Loan Utilization; 3) Borrow; and 4) Changes in 4-week moving average shares-on-loan utilization for ~200 publicly traded corporates…