Our Research

Most discussed stocks this week (irrespective of Model Portfolio): TLN (Long); GEV; CVX; OKE (Long); TRP (Short); DVN (Long); PR (Long) Model Portfolio Total Relative Return (+17.4% Total Return) versus Major Benchmarks Since Inception on January…

***Charts best viewed on website (link below). Full details within*** This is real-time data we receive from our prime broker, not lagged data you see on Bloomberg, FactSet, etc. Shares on Loan (‘SOL’) are simply…

We spent the last week in NYC and CT meeting with clients. Within, we highlight some of our key discussions and what is topical in Energy & Utilities post Q2 earnings. Ping us if you…

Most discussed stocks this week (irrespective of Model Portfolio): PAA (N/R); GEL (N/R); TLN (Long); LNG (Long); ET (N/R) (N/R); CIVI (N/R); CRK (N/R); CHK (N/R); AR/AM (N/R). Model Portfolio Total Relative Return (+15.4% Total Return)…

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…

Earlier Today, The Texas Railroad Commission (RRC) released the monthly ‘Summary of Drilling Permits, Completions and Plugging Reports Processed’ for the month of July. In our most recent Outlook survey, no one voted for the Eagle…

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 had noticed a general sentiment change (to positive from negative) on both these equities heading into earnings. TRP was even more obvious then AEP (some risk-off benefit here w/ Utes on AEP) as TRP…

***Charts best viewed on website (link below). Full details within*** Shares on Loan (‘SOL’) are simply shares that lenders (agent + other) have lent to market participants wanting to ‘short’ a particular security. For our analysis,…

We are reiterating our Long on shares of TLN at a 10% weight in our Model Portfolio (Long book). Recall we initiated the position on July 17th at a 7% long weight (Model Portfolio: Adding…

We are increasing our TLN weight in the Long book of the model portfolio to 10% from 7%. Our average price of the position is now ~$115 per share, still underwater versus the ~$110 shares…

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…

Most discussed stocks this week (irrespective of Model Portfolio): EQT (N/R); RRC (N/R); TLN (Long); VST (N/R); BP (N/R); SHEL (N/R); ENPH (N/R); TRP (Short); ET (Long) Key Takes: Our long book pared ~134bps and our short…

…according to our proprietary 2H’24 outlook survey. Recall we published our Midstream/ Infrastructure results yesterday (link). Respondents also provided some interesting thoughts around assets sales and potential asset swaps versus just vanilla corporate M&A. Companies…

thx again to everyone who filled out our proprietary 2H’24 outlook survey! Whoever picked ET buying KMI (lol?)… I like the spirit of the mega-deal, but unfortunately this combination would be a train wreck from…