Our Research

Within please find a collection of news for the week. As always, please let us know if you would like to catch-up! We only include links to news sources that do NOT require you to…

Within we provide investor feedback on the TRP Analyst day + Spin-Cos as well as some quick thoughts on ENB guidance. We include an updated look at Active Shares on Loan (SOL) utilization for both…

…but don’t worry! We have some really cool enhanced internal controls in place now to ensure a return on that capital.‘ Put us in the more cynical camp, as shares of TRP are up ~2%,…

***Excel Data for ~200 Corporates + Historical Numbers Available Upon Request*** See within for key stock observations. Please note at the the time of writing, the author currently holds: 1) a ‘short’ position in shares…

We are excited to announce our upcoming virtual expert speaker conference call on the Panama Canal, Global LPG, Ethane, Ethylene & Ammonia featuring Michal Panas of NGL Strategy (NGLS). We are including Michael’s bio below….

Within please find a collection of news for the week. As always, please let us know if you would like to catch-up! We only include links to news sources that do NOT require you to…

Hope you had a nice (Holiday shortened) week! We hosted a great call with Steve Trauber this past Tuesday, discussing all things Energy M&A. What made this call extremely unique and differentiated versus traditional Bulge…

Please note this event is closed to members of the media and there will be *NO* replay. Details: Zoom Meeting | Tuesday, November 21st 10AM CT/ 11AM ET (This event will be one hour long including Q&A)….

***Excel Data for ~200 Corporates + Historical Numbers Available Upon Request*** A few interesting observations (As always, please let us know if you have questions interpreting the data): PAA SOL utilization increased by ~3.1% w/w…

Within please find a collection of news for the week. As always, please let us know if you would like to catch-up! We only include links to news sources that do NOT require you to…

Within please find a collection of news for the week. As always, please let us know if you would like to catch-up! We only include links to news sources that do NOT require you to…

We’re (almost) back in the Northeast post a great week of meetings in Houston. Quick stop-over in Florida. If you are in the Tampa/ St. Pete area tonight… we will be out talking Energy! Hit…

A few weeks ago we published a comprehensive M&A survey. Who gets bought, who is the buyer etc. Full details on website. In this note we take a look at CEO CIC (Change in Control)…

Realize some folks don’t like the EIA (or IEA) data, but the new drilling productivity report just got released yesterday. Also out earlier this morning (U.S. Time), the IEA Monthly Oil Market report. Happy to talk through…

***Excel Data Available Upon Request. Full Company Level Details (~200 Corporates) Within*** The following equities exhibited notable w/w changes in their active shares on loan utilization… (we are using end of October as a benchmark…