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,…

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,…

…in our view. Recall EOG for DVN had been identified as one of the ‘will happen’ transactions in 2025 according to our most recent proprietary M&A survey. While this deal would have made sense on…

Within, we take a detailed look at how investor sentiment has changed on ~200 issuers across our coverage universe. We compare data from April 10th to May 18th. We largely frame this as ‘pre’ to ‘post’…

…for a total return (ex. dividends) of ~3.7% since inception on January 28th 2025. This was a full long position (100%) of VG vs. a 50/50 equal weighted short position combo of LNG & NFE….

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…

Last week, we attended the EIC conference in Florida. We come away from the conference with a mix of 1) happy we attended to mingle and network; and 2) a sense of ‘status quo’ from…

…would be a massive overstatement post attending the EIC conference in Aventura this week. But, we head back with a distinct sense of investor sentiment around some of the key stocks in the sector. Based…

Within, we take a detailed look at how investor sentiment has changed on ~200 issuers across our coverage universe. We compare data from April 10th to May 18th. We largely frame this as ‘pre’ to…

…underperforming the Clean Tech Sector (ICLN) since inception in November of 2024. Please see the detailed note within for which stocks survey takers (Read On) have gotten right, and which ones have been duds. Recall On…

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…

Effective immediately, we are closing the NFE Short position in the Survey portfolio with a mark of $2.50 per share and a total return of ~69%. This was a small weight at two percent of…

Once again we are putting on our ‘TMT Analyst’ hat. Please see our previous comments here: I Have Decided to Become a TMT Analyst: META/ MSFT/ QCOM on 1) AI; 2) Data Centers; 3) Hyperscalers;…

…a comment in jest, of course. Plenty could go wrong. Our position sizing is ~2.31:1 (Short Gas: Long Oil). That said, we have been reducing our front month gas short over the past few sessions…

How the FedWatch Tool compares to real-time prediction markets (via Polymarket); How these implied probabilities have changed from a month ago; and Discussions we have had w/ clients around this. Is a cut a positive…