Our Research

…Or whatever they call the conference these days (Speaking as a former Lehman Brothers Alum). We will be in NYC doing meetings with corporates and investors. Ping us if you want to meet, thought the…

Happy Sunday –  Hope you are having a nice weekend. Please see within for some interesting news articles from the week focused on: General Energy & Deal News Solar Wind LNG Hydrogen & Ammonia Oil…

Within we provide a performance summary of 1) Our model portfolio (based on survey results for our 2H’23 Outlook; Link); and 2) Our recent Trade Ideas.  We closed out O/W KMI (+optional WMB/TRPG) vs. U/W TRP &…

***Our EXCEL back-up data is available upon request*** Key Take: While there is a lot to discuss post MMP’s most recent press release & deal presentation post the close yesterday, it doesn’t change our positioning in…

Which, of course, takes priority for now since we have three trading calls associated with the pending OKE vs. MMP transaction: U/W OKE vs. O/W MMP U/W OKE vs. O/W MMP & O/W KMI (Equal…

…To attain the level of renewables envisioned in the (‘Bridge to Lower two degrees;’ IPCC) scenarios. XOM’s outlook assumes solar and wind will be deployed at about twice the historic rate, considering available policy support…

**Excel Data Available Upon Request*** 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, ‘Utilization’ is defined as shares on…

Happy Sunday –  Hope you are having a nice weekend. With the end of summer rapidly approaching, we thought it would be timely to roll out a simple product to help you get caught up with…

Happy Sunday –  Hope you are having a nice weekend. With the end of summer rapidly approaching, we thought it would be timely to roll out a simple product to help you get caught up with…

Within we provide a performance summary of 1) Our model portfolio (based on survey results for our 2H’23 Outlook; Link); and 2) Our recent Trade Ideas.  We closed out O/W KMI (+optional WMB/TRPG) vs. U/W TRP &…

…We have been getting recently. Going to Guns N’ Roses concert today at Wrigley in what is likely hottest day in a decade in Chicago so may not make it BUT here you go… Why…

***For those wanting to reduce some risk exposure around a potential OKE/ MMP deal break (not our base case) we like: 1) U/W OKE vs. 2) O/W MMP (~50% sized) + O/W KNTK (~40% sized) +…

That ‘Merger Fest,’ is, in fact, very real. And to be sure, despite varying opinions depending on transaction, we are not complaining. Extensive M&A activity and Strategic Initiatives had been one of our key investment…

***Excel Data Available Upon Request*** Shares on Loan (‘SOL’) are simply shares that lenders (agent + other) have lent to market participants wanting to ‘short’ a particular security. Generally speaking ‘utilization’ is the ratio of demand-to-supply…

But you can’t win much either! For your Sunday night reading, we are including our top three most read notes so far for August. We are also working on a new trade idea that would…