Our Research

ET is often considered the proverbial ‘catcher’s mitt’ when it comes to Energy Infrastructure M&A. One ambitious social media participant recently referred to them as the ‘Tiger Shark of Midstream.’ Better a Tiger Shark than…

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 spent most of last week in Texas. We kicked the week off in Austin for the 2024 Latham & Watkins Executive Energy & Infrastructure Conference. The conference offered a great format as it was…

…continues to torpedo the short book. We actually met with some Orsted commercial folks earlier this week. Interesting discussion on the battery/ storage side of things. Weekly Performance of the ‘Long’ Book source: The Schneider…

See within for detailed stock & sector observations as well as a brief tutorial for interpreting the SOL analysis.  We believe the individual stock break-down (we limit to top three for ease of viewing) is…

Thx to the ~50 respondents who participated in our most recent survey. Overall, respondents were most bullish 1) Utilities; 2) IPPs; and 3) Midstream in terms of the AI/ Data Center/ Electrification theme. Interesting observation:…

For non-consensus M&A ideas, we also like: 1) TRGP for PAA; and 2) WMB for GEL. There are others as well. We will discuss these in future notes. We have run all of the accretion/…

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…

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…

Yesterday, the Texas Railroad Commission (RRC) released the monthly ‘Summary of Drilling Permits, Completions and Plugging Reports Processed’ for the month of April. We provide full data tables within. We are unsure what is driving…

After listening to a plethora of earnings calls and meeting with folks (and head of next week’s meetings in Texas), I kind of want to be positioned: 1) Long oily E&P; 2) Short gassy E&P;…

See within for detailed stock & sector observations as well as a brief tutorial for interpreting the SOL analysis.  We believe the individual stock break-down (we limit to top three for ease of viewing) is…

We had a small short position on ENLC. The set up was stacked against the company. Sell-side pushing this as a huge long into the quarter. To be sure we do not love the assets…

Extremely timely obviously given current gyrations in global energy markets! If you are interested please use the link below. I am going to try to allocate spots by this Wednesday. Unlike our bulge bracket counterparts,…

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…