Tortoise QuickTake Podcasts

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses:

• 3 factors driving recent energy underperformance
• Summary of key oil market reports
• Update on global natural gas markets

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In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:

• Energy markets continue to trade up over expected commodity price increases
• LNG contracts gain momentum with two new agreements
• Takeaways from recent energy conferences on cost increases and production growth

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In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses:

• How crude oil prices responded to new sanctions on Russian oil imports
• Updates on unemployment numbers and the possible return of Build Back Better (BBB)
• Kinetik Holdings makes history as the first US midstream company to issue sustainability-linked bonds

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In this week’s energy podcast, Senior Portfolio Manager James Mick discusses:

• Energy surged this week with exploration and production companies leading the way
• Takeaways from the latest Fed meeting minutes show the Fed may take a more flexible approach to raising rates
• Factors that can drive energy stocks higher including the need for energy security, low inventories and high free cash flow

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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 security
• A summary of Merger & Acquisition activity last week
• Updates on newly announced carbon capture projects and the opening of a new battery recycling facility

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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 erode
• Earnings results and outlook from two Waste to Energy companies
• New LNG developments from Exxon and New Fortress

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In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses:

• The recent surge in energy markets led by crude oil and natural gas
• Reports from earnings season show companies are prioritizing distributions and dividend growth
• Details on a new energy transition partnership between EnLink and Occidental Petroleum

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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 reserve
• Oil majors ExxonMobil and Chevron both reported earnings slightly below expectations
• Distribution and dividend increases announced by multiple midstream companies

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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 markets
• Oil price forecasts boosted by news that Russian oil production is falling at much greater levels than anticipated
• Themes from the start of earnings season focused on the supply/demand imbalance leading to strong commodity prices

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• 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...