In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:Energy surged this week with exploration and production companies leading the wayTakeaways from the latest Fed meeting minutes show the Fed may take a more flexible approach to raising ratesFactors that can drive energy stocks higher including the need for energy security, low inventories and high free cash flowDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:Announcements from major energy companies focused on increasing supply to tame inflation and enhance global energy securityA summary of Merger & Acquisition activity last weekUpdates on newly announced carbon capture projects and the opening of a new battery recycling facilityDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:Why energy is doing relatively well in a market where most are seeing earnings power erodeEarnings results and outlook from two Waste to Energy companiesNew LNG developments from Exxon and New FortressDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:The recent surge in energy markets led by crude oil and natural gasReports from earnings season show companies are prioritizing distributions and dividend growthDetails on a new energy transition partnership between EnLink and Occidental PetroleumDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:Dramatic volatility occurring across all markets driven by concerns over China’s zero-COVID policy lockdowns, shrinking U.S. GDP and a hawkish federal reserveOil majors ExxonMobil and Chevron both reported earnings slightly below expectationsDistribution and dividend increases announced by multiple midstream companiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:How Federal Reserve Chairman Powell’s comments on reducing inflation have affected energy and other equity marketsOil price forecasts boosted by news that Russian oil production is falling at much greater levels than anticipatedThemes from the start of earnings season focused on the supply/demand imbalance leading to strong commodity pricesDownload Transcript

As 1Q earnings season kicks off, the energy sector is expected to deliver rising earnings and higher cash flow some of which will be returned to investors via dividend increases.High commodity prices are partially linked to low domestic as well as global inventories.  The chart below highlights U.S. inventory levels for coal, natural gas, and oil as a percentage of normal for this time of year.Producer price index (PPI) numbers were released for March 2022 indicating an annual increase in PPI of 11%.  Pipeline transportation rates for regulated liquids oil and refined product pipelines can be increased by 8.7%  in July of 2022 related to the PPI increase in 2021.Download Transcript

In this week's energy podcast, Senior Portfolio Manager Matt Sallee discusses:Key takeaways from the House hearing on high energy prices featuring Exxon, Chevron and BPWeekly Department of Energy (DOE) report shows signs of oil price reliefNew LNG projects in Asia underscore the need for US natural gas over the next several yearsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:Price forecasts following an announcement of a release from the Strategic Petroleum Reserve (SPR)Announcements around new LNG construction and contracting show the US will play an outsized role in the EU’s pivot away from Russian natural gasTakeaways from Magellan Midstream's analyst day which emphasized their stable, low risk assetsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:Capital events markets shine a light on the importance of energy supplyThe U.S. agrees to provide additional natural gas supplies to Europe in an effort to wean Europe off of Russian energyNew deals announced by Occidental Petroleum and Delta Airlines aimed at reducing emissionsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:Both bearish and bullish views of the marketWeighing supply and demand predictions and their effect on oil pricesTwo major company announcements demonstrate the continued trend of consolidation within midstreamDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:How Russia fits into the global energy mix now and going forwardOur ideas for a long-term global solution to increase productionRecently announced Liquid Natural Gas (LNG) projects aimed at reducing emissionsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:The International Energy Agency (IEA) announcing a coordinated 60 million barrel release to combat rising energy pricesKey takeaways from in-person conferences hosted by Credit Suisse and Morgan Stanley including a focus on expanding our supply of energy to the rest of the worldPositive aspects stemming from the recently announced joint venture between Pembina and KKRDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:Challenges presented by the Russia-Ukraine war and what it could mean for energy marketsKey takeaways from earnings announcements from upstream and midstream companies include dividend and distribution growthBiden administration considering another Strategic Petroleum Reserve (SPR) release to alleviate high oil pricesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:How rising tensions between Russia and Ukraine have affected global marketsJet fuel demand makes a comeback as air travel reaches close to 2019 levelsEarnings announcements illustrate that investing in energy transition and returning cash to shareholders remain top prioritiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:Escalation of Russia-Ukraine conflict and the impact to commoditiesPredictions for crude oil prices in 2022 driven by OPEC’s inability to hit monthly quotasNew natural gas and energy transition projects announced by major energy companiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:Low global oil inventories lead to highest prices in 7 yearsWhy natural gas prices in New England are disproportionally higher than the rest of the countryEarnings announcements from major energy companies highlight the importance of free cash flowDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:A volatile week for markets led by concerns over a rate hike and escalation of the Ukraine conflictMajor energy companies announce significant dividend increasesAnnouncements from renewable natural gas (RNG) producers show this sector is poised for serious growthDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:Crude oil remains resilient to the market volatility affecting broad energy and midstream sectorsAnnouncements from Kinder Morgan, Shlumberger and Baker-Hughes show companies are optimistic about 2022An update from FERC provides compelling inflation protection for liquids pipelinesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:Merger & acquisition announcements from major energy companies including a biofuel acquisition from Exxon MobilWhy we believe the trend of returning capital to shareholders will accelerate in 2022Risks and benefits of a high inflationary environment on midstream companiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:How the Fed’s rate hikes have accelerated the energy equities rallyMarket concerns over OPEC’s ability to increase productionKey takeaways from the first energy conference of the year underscore that the energy sector is here to stayDownload Transcript

In this year-end energy podcast, Senior Portfolio Manager Rob Thummel discusses:An overview of energy performance in 2021 and a brief outlook for 2022How having low cost natural gas gives the U.S. a significant economic advantage and accelerates the energy transitionHigh dividend yields and strong free cash flow propelling midstream sector outperformance in 2021Download Transcript

In this week’s energy podcast Senior Portfolio Manager Matt Sallee discusses:How the most recent Energy Information Administration (EIA) short term energy outlook supports our view that utilization of existing energy infrastructure will increase in 2022Highlights from major energy companies as they release 2022 guidanceESG investors shifting their priorities to focus on engagement rather than an exclusionary strategyDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:An update on the house version of the Build Back Better bill and provisions in the bill that will affect energy marketsEnergy markets were pleasantly surprised by an OPEC+ decision to increase production in JanuaryMerger & acquisition announcements and updated emissions targets from major energy companiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:Energy stocks held in relatively well along with natural gas prices finishing higher amid week-ending Omicron headlinesStrategic Petroleum Reserve release decisions and OPEC’s next key meetingCompany news: Cheniere’s new 20-year LNG contract; Pembina’s management bench; and emission reduction targets from KeyeraDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:Biden working on coordinating a strategic petroleum reserve (SPR) release between the US, China and JapanAn update on natural gas prices and a new LNG agreement between Cheniere Energy and EngieKey takeaways from the RBC Energy conference in Dallas with capital allocation being a main topicDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:How the US can reduce oil prices despite OPEC’s reluctance to increase supplyEarnings results from Western Midstream Partners (WES) highlight their strong capital allocation planA new collaboration between TC Energy and Hyzon Motors to build hydrogen production hubs across North AmericaDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:OPEC's views that the energy crisis is not oil related but due to an insufficient supply of natural gasKey themes for earnings season including return of capital, high volumes and investment in renewablesWhy we think the White House's methane action plan is a positive for the energy industryDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:Market reactions to the house agreement on the reconciliation packageOPEC’s projection of excess supply in 2022 pushed crude oil markets negative for the first time in nine weeksEarnings announcements including an energy evolution announcement from Plains All American Pipeline and an LNG agreement from Cheniere EnergyDownload Transcript

In this week’s energy podcast, Portfolio Manager Quinn Kiley discusses:Earnings recap, including Kinder Morgan's investment in terminals to handle renewable fuelsAnother LNG agreement to supply China's energy demandA look ahead to the UN's Climate Change Conference, COP26Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:Energy markets up across the board due to easing travel restrictions and rising LNG prices causing companies to switch to crude oilCheniere Energy announces purchase agreement with China’s largest natural gas distribution companyNew energy transition and net-zero commitments from traditional energy companiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:An update on natural gas prices and some insight on what is driving the current pricesDetails on TC Energy’s hydrogen facility agreement with electric truck company NikolaResults from the OPEC+ meeting on production levelsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:How the UK government is responding to a gas shortage driven by panic buying from consumers already dealing with price spikes in electricity and natural gasHighlights from Enbridge’s ESG focused analyst dayHow midstream companies are delivering on their promise to reduce emissionsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:An early week market scare from a Chinese market developer sent markets on a tailspin, but they quickly reversed with energy leading the wayCrude oil demand expectations rise for 2022, as surging LNG prices are forcing companies to switch to a cheaper alternativeThe Biden Administration announces its support for including renewable energy activities as MLP qualifying incomeNew energy transition and carbon reduction projects are announced by major energy companiesDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:How the new “Human Infrastructure” bill could benefit midstream energy companies by encouraging ESG investmentsEnergy transition announcements from several traditional energy companies show how existing infrastructure can and will be repurposed in a low carbon futureOPEC’s refreshed oil demand outlook shows natural gas will be required long into the futureDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:Natural gas prices continue to surge, caused by increasing international demand and low inventory levelsChevron announces 3 new energy transition projectsWilliams Companies and Cheniere Energy announce new stock buyback programsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:How OPEC’s recent decision to increase production has affected projections for oil supply in 2022Updated data from the EIA shows oil supply is in line with 2020 numbersHow hurricane Ida has impacted oil production in the Gulf of MexicoNew energy transition projects announced by Energy Transfer Partners (solar) and Chevron (biofuels)Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:Positive news regarding the delta variant projections and comments from Federal Reserve Chairman Powell pushed markets higher last weekRefined product demand hits another post pandemic high driven by healthy refinery utilizationAn update on Hurricane Ida’s impact on energy infrastructure in LouisianaDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:A recent court decision to allow bidding for federal onshore and offshore oil and gas leasesDetails on the merger of Brookfield Infrastructure Partners and Inter PipelineAn update on how hurricane level storms could effect energy infrastructure in the NortheastDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:Energy companies must invest in methane capture in order to make the biggest impact on climate changeFactors contributing to volatility in energy markets and the Biden administration’s efforts to lower gas pricesHow the summer sell-off may have presented an attractive entry point to reposition into energy stocksNew earnings reports from Western Midstream and Chesapeake Energy position energy as the highest yielding sector in the marketDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:How the delta variant has affected economies and what we think the implications will be going forwardEnergy markets moving in tandem with the 10 year yield, which hit a new low last weekPromising results from the busiest week in Q2 earnings season with over 60 companies reportingDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:Energy sector generating more than double the free cash flow as major tech stocksEarnings reported from energy companies are in line with expectations, with petrochemicals driving positive results due to strong global GDP growth in 2021Recent sustainability reports form energy companies show positive results in the fight to reduce emissionsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Salee discusses:Noteworthy developments in energy transition opportunitiesQ2 earnings kick-off updates from Halliburton, Kinder Morgan and NextEraNews to follow: Inter Pipeline’s engagement with Brookfield as Pembina deal is terminatedDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:OPEC+ and Abu Dhabi reach an agreement that should reduce supply uncertainty through the end of 2021Trans-Panama Gateway Pipeline explores constructing an LPG pipeline across Panama to bypass the increasing traffic in the Panama CanalEnergy companies continue to make efforts to decarbonize in order to meet their emissions goalsDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:High air travel numbers and low crude inventory levels indicate the economic recovery is on trackKeystone XL pipeline backer files suit against the Biden administrationEQT & Chevron set goals to lower emissions and improve ESG performanceDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:MLPs remain positive despite mixed performance in the marketsEnergy markets continue to surge with much more potential to grow in the second half of 2021Updates from ConocoPhillips and Sempra on how they can reduce emissions while meeting rising energy demandDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses:S&P 500 Index ended last week at a record high boosted by a potential bi-partisan infrastructure billEnergy and energy infrastructure sectors on pace for best performers in 2QFirst ever sustainability bond in the energy sector priced by Enbridge8th largest natural gas producer, Southwestern, announces agreement with Project CanaryNatural gas opportunities: carbon capture in U.S. shale production and the U.S. as largest global LNG supplierDownload Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:Unexpected news from the Fed meeting on inflationTwo recent legal battles that point to energy as the winnerWhy we think regulating emissions too harshly could be detrimental to the environment long term and why we strongly believe in engagement over divestmentDownload Transcript