Energy Is Getting A ‘Green Flag’ From Investors, At Mid-Year Now that we’ve reached midyear, we thought it would be good to highlight a few topics that are driving the energy markets in 2016. Investors who dove into an energy market at the beginning of the year found the water was murky and the sea […]
Category: Tortoise Capital Advisors
Tortoise in Bloomberg
Oil Falls After Smaller-Than-Projected U.S. Crude Supply Decline Oil retreated after a government report showed U.S. crude stockpiles dropped by less than expected. Crude supplies fell 2.22 million barrels in the week ended July 1, Energy Information Administration data show. Analysts surveyed by Bloomberg had forecast the EIA would report a 2.5 million decline. The […]
Tortoise’s Thummel on CNBC
US oil reserves surge Rob Thummel, Tortoise Capital Advisors Managing Director, looks at a new study that confirms the U.S. holds more oil reserves than Saudi Arabia and Russia. Source: http://video.cnbc.com/gallery/?video=3000531790
Tortoise on Yahoo
Never mind the Brexit — here are energy stocks still worth buying: Portfolio manager Oil prices have been volatile since the Brexit vote, but there may be opportunities in the energy space, according to one portfolio manager. Read more here: http://finance.yahoo.com/news/never-mind-brexit-energy-stocks-000000196.html
Tortoise on Brexit and MLPs
Understanding Brexit’s Impact on Midstream MLPs Monday was shaping up to be a tough day for midstream master limited partnerships. The sector-tracking Alerian MLP ETF (AMLP) was down more than 4% by early afternoon as the price of crude fell 3.4%. Crude has been falling since the Brexit vote, but MLPs held up okay on […]
Tortoise on OPEC
Tortoise Capital’s Thummel on top energy investment strategy – Tortoise Capital energy portfolio manager Rob Thummel talks with Bobbi Rebell about OPEC, oil inventories, and where he believes the best opportunities are in the sector.
CNBC credits Tortoise
Thummel: OPEC is becoming less relevant Rob Thummel, Managing Director at Tortoise Capital Advisors, discusses the OPEC meeting, his outlook for the oil market and gives his picks in the energy sector. Source: http://video.cnbc.com/gallery/?video=3000522456
Tortoise Capital Advisors on CNBC
Crude oil rallies – Discussing oil price forecasts, with John Kilduff, Again Capital partner, and Matt Sallee, Tortoise Capital Advisors.
Tortoise in WSJ
OPEC Officials: May Discuss Oil Freeze at June Meeting OPEC is ‘still alive’ as a force in the oil market, says secretary-general Abdallah Salem el-Badri OPEC spoke on Thursday, but the market wasn’t listening. The Organization of the Petroleum Exporting Countries could revive talk of freezing oil production along with nonmembers at its next meeting […]
Tortoise on CNN
Oil producers face stark choice in key meeting – When the world’s major oil producers gather this weekend in Doha, they face a stark choice: agree to freeze crude production at current levels, or risk sending prices into another downward spiral.
Tortoise on CNBC
Oil higher to start the week – Is oil going higher or lower from here, with Rob Thummel, Tortoise Capital Advisors, and Bob McNally, Rapidan Group founder.
Tortoise in Barron’s
Energy Roundtable: 12 Oil Rebound Picks Four pros guide investors through the sector’s turmoil—and pick stocks and bonds for the next boom. Energy investors have arrived at the fifth stage of grief—acceptance. It hasn’t been easy. The price of oil has dropped 62% in the past two years, as easy access to credit helped fuel […]
Tortoise on Bloomberg TV
Thummel: Oil Could Reach $50 By End of 2016
Brian Kessens on TheStreet.com
Shale Is Here to Stay so Buy EOG and Pioneer U.S. shale production isn’t going away but not all shale is created equal, and that should guide investment decisions in the sector, according to Brians Kessens, a portfolio manager with Tortoise Capital. Read more here: Shale Is Here to Stay so Buy EOG and Pioneer
Tortoise in Seeking Alpha
Irrational Pessimism – Throwing The Baby Out With The Bath Water Since first publishing kortsessions.com in February 2013, I have tried not to get into the weeds on individual stocks ideas. We are all about the media and the adverse outcomes in store for those who rest their investment policy on their pronouncements. When I […]
Tortoise in CNN piece
Is the oil crash over? Prices soar 30% in 11 days Oil has stopped crashing. Investors around the world freaked out when oil prices plummeted to a 13-year low of $26.05 a barrel on February 11. But they are now sitting at $34 a barrel, marking an incredible 30% spike in the span of just […]
Tortoise in Seeking Alpha
A Case For MLP Investing After graduating from college in 1981, one of my first assignments as an auditor for Peat Marwick, now KPMG, was to assist on the Panhandle Eastern Pipeline audit. With that brief experience, I became intrigued with pipelines, and remain so 3 ½ decades later. Read more here.
Tortoise on CNBC
Why oil will hit $50 this year Tortoise Capital Advisors Managing Director Rob Thummel explains his forecast for oil and what areas of energy his long-only funds are focused on.
Tortoise on Bloomberg
Oil Drops to 12-Year Low on China Worries Tortoise Capital Managing Director Robert Thummel weighs in on the price and production of oil, and discusses his investment strategy. He speaks on Bloomberg GO.
Tortoise in Forbes
Patient Investors Look To MLPs For Income…A 2016 Outlook No doubt about it, current market conditions are tough but distribution cuts across the board are being priced into MLPs right now. So while things are likely to be volatile for the near term, we think they can only get better, especially if you have a 12+ […]
Tortoise in FundFire
MLP Manager Attracts Strong Flows Despite Market Plunge Master limited partnerships (MLPs) have taken a beating since September last year, swept up in the energy industry turmoil caused by the plunge in crude oil prices. MLP manager Tortoise Capital Advisors has seen its assets under management dragged down with the market, but the firm has […]
Tortoise discusses how to capitalize on energy sector
How to Make Money in the Energy Sector Tortoise Capital Advisors Managing Director Robert Thummel discusses challenges in energy sector investing. He speaks on “Bloomberg GO.” (Source: Bloomberg)
Tortoise Podcast in Barron's
A Pause in MLP ‘Negative Feedback Loop’ Read the article here.
Tortoise on CNBC.com
Energy infrastructure MLPs to bounce in 2016: Trader By Tom DiChristopher The energy infrastructure sector and master limited partnership stocks are due for a bounce in 2016 after getting beaten up this year, Tortoise Capital Advisors’ Rob Thummel said Monday. Read the full article on CNBC.com here.
Tortoise on CNBC
Leading energy manager: Here is where energy rebounds in 2016
Tortoise talks OPEC
OPEC’s ‘Wait And Watch’ Decision — Who Wins In A Low Oil Price Environment? Well, the 168th OPEC meeting in Vienna, Austria just concluded. The oil markets are reacting to official and unofficial commentary from OPEC’s members. For context, let’s look at what has happened since the last OPEC meeting in November 2014. U.S. oil […]
Tortoise in SeekingAlpha
What Investors Need To Know Now About MLPs Read the piece here.
Tortoise Commentary on Seeking Alpha
Investment Opportunities Exist Within Volatile Energy Market Read the full commentary here.
Tortoise in Barron's
Hanging In With the Yieldcos Stock prices are down for the wind and solar energy companies, and analysts see dividend growth ahead. But income investors need to be careful. To say that the fledgling “yieldco” sector is experiencing growing pains is putting it mildly. In the past six months, this crop of renewable energy stocks […]
Tortoise in Barron's
Wild Swings Buffet MLP Investors Many factors contributed to the 26% drop in these energy infrastructure companies over the past year. Unfortunately those factors aren’t going away any time soon. By Amey Stone Master limited partnerships (MLPs) have long been prized by income investors for their attractive yields, favorable tax treatment, and relative stability. But […]