Oil ‘sweet spot’ is around $55 to $65 a barrel – A trading range of $55 to $65 a barrel supports drillers and keeps consumer demand growing, says Rob Thummel of the Tortoise Capital Advisors.
Robert Thummel, portfolio manager at Tortoise Capital Advisors, discusses oil prices, natural gas and the energy sector on “Bloomberg Markets.” (Source: Bloomberg)
In hunt for yield, stable utilities outshining more volatile MLPs This is the first part of a two-day series. You can find the other articles by clicking through the Hunt for Yield navigation box to the right. Some investors look for the slow burn of a steady dividend and long-term stability, while others seek a […]
Oil Dips as Industry Data Shows Surprise U.S. Gasoline Build Crude dropped after an industry report was said to show a surprise jump in U.S. gasoline inventories. Futures erased Tuesday’s gains in New York after the American Petroleum Institute was said to report gasoline stockpiles in the world’s largest economy surged by 9.2 million barrels […]
Thummel Says Global Demand for Oil Is Strong – Rob Thummel, portfolio manager at Tortoise Capital Advisors, discusses the need to extend oil production cut agreements, geopolitical risks, positive demand response to low oil & energy prices, and the catch up trade in U.S. prices. He speaks on “Bloomberg Daybreak Europe.”
Where one portfolio manager sees the best opportunities in energy from CNBC. Rob Thummel of Tortoise Capital Advisors discusses the best opportunities in the beaten-up energy sector with Brian Sullivan.
Investing Firm Tortoise to Be Acquired by Group of Private-Equity Companies Group, led by Lovell Minnick Partners, includes HarbourVest Partners and AlpInvest Partners A group of private-equity firms led by Lovell Minnick Partners LLC has reached an agreement to buy a majority stake in income-investing specialist Tortoise, the companies said Wednesday. Leawood, Kan.-based money manager […]
Energy stocks related to demand such as Cheniere in LNG are good bets: Pro – Rob Thummel, portfolio manager and managing director, Tortoise Capital, says companies linked to growing energy demand plays such as U.S.-based Cheniere in LNG are good long term bets.
Why crude oil prices are down despite Hurricane Harvey disrupting the market – With refineries on the Gulf coast shut down, the demand for crude oil has been correspondingly reduced, explains Rob Thummel of Tortoise Capital.
Energy: Value play or value trap? – Rob Thummel, Tortoise Capital Advisors managing director, weighs in on how to invest in oil.
Tortoise Capital Sees Oil Range Bound Long-Term – Rob Thummel, portfolio manager at Tortoise Capital Advisors, discusses volatility in the energy sector and his long-term outlook for oil prices. He speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.”
Expect a second-half comeback from the energy sector: Tortoise Capital’s Rob Thummel – Rob Thummel, Tortoise Capital Advisors managing director, gives his outlook for the energy sector in the second half of the year.
Crude oil’s plunge below $50 a barrel is killing the oil and gas IPO market The return of oil and gas initial public offerings was nice while it lasted. Energy companies aiming to go public are staying on the sidelines as crude prices struggle to keep above $50 a barrel, analysts and investment professionals say. […]
Oil hits a rough patch, but this investor is still bullish – Rob Thummel, managing director of Tortoise Capital Advisors, talks about his bullish case for oil as crude stock hits a rough patch intraday and which energy stocks to buy now.
Bloomberg Markets: OPEC to Extend Oil Cuts for Nine Months Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Brian A Kessens Managing Director/Portfolio Manager Tortoise Capital Advisors Discussing OPEC and its allies extending oil production cuts for nine more months after last year’s landmark agreement failed to eliminate the global oversupply or achieve a […]
For MLP Investors, All Eyes Are on OPEC Meeting Thursday Investors in energy stocks have been eager to see if OPEC production cuts would be extended and perhaps increased. “We are finally here,” is how Tortoise Capitol Advisors portfolio manager James Mick started off a discussion of the Thursday’s upcoming OPEC meeting. Read more here: […]
Expert: All energy infrastructure companies are in really good shape – Rob Thummel, Tortoise Capital Advisors Managing Director, weighs in on energy stocks.
Brian Kessens and his team at Tortoise MLP & Pipeline fund invest opportunistically in assets that span the energy-production cycle.
ETF Watch: Four Issuers Launch Funds Today Tortoise Unveils Water ETF Tortoise has rolled out a fund that targets U.S.- and Canada-listed companies involved in water-related business lines. The Tortoise Water Fund (TBLU) breaks companies out into “direct” and “indirect” categories, with the former bucket representing companies that derive at least 50% of their revenues from water-related […]
Rob Thummel, Tortoise Capital Advisors, discusses the energy space and which names you should invest in.
Simplification across midstream sector won’t kill off MLPs There’s a race among pipeline owners to reduce capital costs First came Kinder Morgan Inc., then Targa Resources Corp. and now Oneok Inc. — pipeline giants keep buying up their master-limited partnerships, once darlings of the energy world. Their moves raise a question: Are MLPs — tax-advantaged, […]
Oil pipelines find a booster in Trump, but deregulation may not help much The exchange-traded products that track the oil-pipeline industry have rallied since November’s U.S. presidential election, in some cases doubling the rise of the broader market. But despite the vocal champion they have in the newly inaugurated President Donald Trump, the new regulatory […]
Oil and Gas Explorers Headed for IPO Are Finding Buyers Circling Two explorers on route to public listing bought this month Activity in the industry picking up as oil prices stabilize As oil prices stabilize and confidence returns to the patch, there’s been an uptick in oil and gas companies filing to go public. With […]
Portfolio Manager Breaks Down Oil’s Surge, Expects Stable Prices Over The Next Few Years The price of oil soared to its highest level since the middle of 2015 after OPEC and non-OPEC members struck an agreement to collaborate on reducing their oil output to boost prices higher. Read more here: https://www.benzinga.com/analyst-ratings/analyst-color/16/12/8796913/portfolio-manager-breaks-down-oils-surge-expects-stable-
U.S. Energy Outlook Under Donald Trump – Libby Toudouze, partner at Cushing Asset Management, and Robert Thummel, managing director and portfolio manager at Tortoise Capital Advisors, discuss the future of shale oil and energy independence under President-Elect Donald Trump. They speak on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)
Q3 Earnings: MLP Distributions ‘Off to a Good Start’ Distributions from master limited partnerships are rising — and should rise more as third quarter earnings season progresses, says Tortoise portfolio manager Rob Thummel in his firm’s weekly podcast. Read more here: http://blogs.barrons.com/incomeinvesting/2016/10/10/q3-earnings-mlp-distributions-off-to-a-good-start/
No Algiers OPEC Oil Freeze Likely, MLP Investor Says – As the world’s largest oil producers meet in Algeria, U.S. oil prices moved higher despite little hope that cash-strapped nations can agree to cap or freeze output.
Williams, ETE take on aggressive game plan after failed merger Exclusive By Nish Amarnath Williams Cos. Inc. and Energy Transfer Equity LP are redoubling the focus on their respective partnerships and growth projects as they try to heal from an acrimonious split. Both midstream majors plan to sacrifice their own earnings to build up their […]
Investors Are Cozying Up to MLPs Despite Oil’s Bearish Streak After falling from grace amid crude’s collapse, master-limited partnerships, a darling of recent commodities booms, are winning over investors again thanks to their high payouts and long-term contracts. Read more here: http://www.bloomberg.com/news/articles/2016-08-09/investors-are-cozying-up-to-mlps-despite-oil-s-bearish-streak
Playing ‘Game of Tones’ Midway Through MLP Earnings Season Interpreting management comments is the main game of earnings season for energy-focused master limited partnerships (MLPs). Read more here: http://blogs.barrons.com/incomeinvesting/2016/07/26/playing-game-of-tones-midway-through-mlp-earnings-season/