Saturday, April 20, 2024
Worldwide, there is gridlock on the grid—the network of power lines, cables, substations, and transformers that takes electricity around countries to power our homes, offices and factories. And there is just not enough of this power, which opens a vast multi-trillion dollar investment opportunity. Let me explain… Around the world, developers of renewable energy infrastructure […]
I always find the oil industry interesting… For instance, did you know that unconventional oil production – U.S. shale – was the only source of growth in global oil supply over the last 12 years? The only growing non-OPEC basin is the Permian Basin in West Texas. Never before has global oil supply growth been […]
Many expect that hydrogen can and will be a carbon-free substitute for natural gas. My research shows that existing manufacturers and energy midstream companies could handle much of the transition. These facts heighten the long-term investment potential of the companies that will produce and deliver hydrogen to utility companies. Let’s talk about what “green hydrogen” […]
Fortunes are going to be made in the oil and gas business over the next decade. The uncomfortable truth that we cannot convert to 100% renewable energy on the timetable currently being touted is beginning to sink in for those who are blessed with a modicum of common sense. Politicians and activists will take longer. […]
There is a business sector in which the number of publicly traded companies has shrunk by two-thirds over the past decade. This sector provides absolutely essential services to keep the economy running. Its consolidation offers investors the potential for long-term, attractive total returns… From the 1990s through the mid-2010s, energy midstream rewarded investors with excellent […]
U.S. natural gas pipeline giant ONEOK (OKE) is set to buy Magellan Midstream Partners (MMP), which owns a pipeline network that primarily transports crude oil and refined products for $18.8 billion. This is going to be huge for investors… Magellan shareholders will receive $25 cash and two-thirds of an ONEOK share for each unit of […]
Last week, when ONEOK Inc. (OKE) announced it would acquire Magellan Midstream Partners LP (MMP) in a $18.8 billion deal, the market disliked the news and the stock dropped by 10%. The market is wrong about this tie-up. I can prove it with one word… ONEOK is an energy infrastructure company focused on natural gas […]
I like companies that generate large amounts of free cashflow. I get excited when shares of a high cashflow look very cheap in relation to the cash being produced by the business. In short, I like companies that make a lot of money. If you’re like me, consider refining stocks. Let me show you one […]
I have said it before, and I will say it again: I am not a huge fan of the broader market at these levels. While the recent banking turmoil has raised the possibility that the Federal Reserve would cut rates soon, I think we have a better chance of the Cincinnati Reds winning the World […]
Oil is going to $50. Or it’s going to fall all the way down to $20. Or is it? If you follow oil prices at all, the last few weeks would have you believe that the world is awash in oil all over the world, demand was declining, and renewable energy was cheap and easy […]
