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…

WMB traded lower on the ‘Momentum’ chatter, at one point making it the worst performer in the Energy Infrastructure group on the day, with the stock down ~3% around midday ET. The sell-off makes intuitive…

The ones that are not integrated at least. Counter to our title, we did take the short off EQT in the model portfolio earlier this month (Model Portfolio Update: Effective Immediately, We are Closing Our…

***Given the constantly changing geopolitical situation we have added some thoughts on weekend events (through ~12:30 ET) and current commodity markets*** For the news, we include a brief summary description for each headline. We only…

Within, we take a detailed look at Hormuz ship traffic over the past two weeks (we go back to 06-15-2026). Recall the MOU between the U.S. and Iran was signed around 6-17-2026, and POTUS posted…

We’d like to see a mega-merger, not peanuts (though this certainly would not be peanuts for MGY). In any case… (interested in your thoughts on this deal) Bloomberg reported on June 26 that Magnolia Oil…

LHP13, of course, being the latest iteration of our sentiment based Love/ Hate Portfolios. If the return holds, the YTD performance of the various books would be over ~20% (~18.7% as of last week). Please…

Just in time for your weekend reading. ***IF you have not already filled it out, please take a look at our proprietary 2H’26 Outlook Survey*** LINK BELOW https://www.surveymonkey.com/r/ZLCYB2K This is the inaugural edition of ‘Market…

Hoping to make this the biggest participation one yet given the focus on the sectors! Recall all responses are 100% as we use a third party aggregator (surveymonkey). Link to the survey: TSCG 2H’26 Outlook…

That was just one of the key statistics from today’s release of the Dallas Fed Energy Survey for Q2. A few thoughts and takeaways within. Link to survey results: Oil and gas expansion gains momentum;…

As most of you will be getting inundated with quarterly preview notes running through super interesting items like variances in quarterly G&A, we figured we’ll keep it simple and just give you two things: 1)…

***Full details within*** We currently hold three key crude oil (WTI; varied) exposures: Structural Long: DEC-27 WTI futures. This expresses our view that the ‘true’ exit‑2027 oil price is materially higher than where the back…

Headed out to watch Germany take on Ivory Coast in a few minuts BUT… ***Given the constantly changing geopolitical situation we have added some thoughts on weekend events (through ~15:00 ET) and current commodity markets***…

We have refreshed our latest Love/ Hate portfolio following two weeks where the XLE underperformed the broader market by almost ten percent. Recall our prior book, LHP12, was the best performing set-up since we started…

Closing Love/ Hate Portfolio 12 a day early due to the Holiday. This was by far the best performing combination out of our Love/ Hate Portfolios year-to-date. Recall these are two week time span sentiment…