2018 will be a record-breaking year for US energy, says portfolio manager | Rob Thummel, Tortoise Capital Advisors portfolio manager, discusses what’s impacting the price of oil.
Tag: Oil
Robert Thummel on Bloomberg TV
U.S. Oil, Gas to See Record Production, Exports in 2018, Says Thummel – Rob Thummel, Tortoise Capital Advisors portfolio manager, discusses how independent oil producers can influence the global oil market. He speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.”
Tortoise on CNBC Asia
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.
Rob Thummel on Fox Business
Oil prices may rise amid Israeli-Iranian conflict – Israeli forces ordered the destruction of an Iranian drone Saturday. Tortoise Capital portfolio manager Robb Thummel discusses the effects of oil prices amid escalating tension between the two countries.
Robert Thummel on Bloomberg TV
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 […]
Rob Thummel On "Bloomberg Daybreak Europe"
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.”
Tortoise's Rob Thummel on Bloomberg Daybreak: Americas
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.”
Tortoise Capital's Rob Thummel on CNBC
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.
Tortoise on CNBC.com
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. […]
Tortoise hits MarketWatch
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 […]
Portfolio Manager Breaks Down Oil's Surge, Expects Stable Prices Over The Next Few Years
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-
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 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.
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 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 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 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 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 QuickTake on WealthManagement.com
The 10 Best Podcasts for Financial Advisors
Tortoise on Obama’s Climate Plan
Tortoise Capital Advisors Managing Director Rob Thummel discusses the impact of President Obama’s climate plan on energy investments. He speaks on “Market Makers.” (Source: Bloomberg)
Tortoise on Yahoo Finance
Steady OPEC, firm demand will send oil to $60-$80 range: Energy investor By Michael Santoli, Yahoo Finance The great global oil glut of 2014 and 2015 is ending, and a stronger world economy will stoke demand to lift crude prices a bit, benefiting leading producers and their investors. That’s the position of Rob Thummel, portfolio […]
Tortoise in Bloomberg
Crude Futures Rise on Weaker Dollar as Inventories Drop Again by Moming Zhou and Mark Shenk Crude futures rose for a second day as the U.S. dollar weakened to a four-month low, boosting oil’s investment appeal, while inventories fell again. Gains for New York-traded oil futures lagged behind Brent after U.S. refineries reduced their crude […]
Tortoise on oil prices
Oil Jumps to Four-Month High on Optimism Supply Glut to Ease U.S. benchmark oil prices surged to a four-month high after stockpiles at the nation’s biggest storage hub fell for the first time since November. Read more here.
Tortoise talks oil on Bloomberg
How Can Oil Producers Turn $70 Oil Into $90 Oil? Tortoise Capital Advisors Portfolio Manager Robert Thummel discusses challenges for the oil and gas services industries in the wake of lower oil prices. He speaks on “In The Loop.” (Source: Bloomberg)
Tortoise in Washington Post
Oil Rises to 2015 High as Data Signals End of U.S. Supply Surge Crude supplies increased last week at the slowest pace since January, the Energy Information Administration said. Output from shale formations such as North Dakota’s Bakken will fall in May, the EIA said Monday. Read more here.
Tortoise in Wall Street Journal
Oil Companies Reap Large Gains After Cashing In Hedging Bets These forms of insurance against rising prices have become a source of income Rocked by months of plunging crude prices, oil producers are harvesting financial bets to raise, for some, much-needed cash. Read more here.
Tortoise in Bloomberg
U.S. Oil Supply Growth at Record Pace Seen Pressuring Prices (Bloomberg) — An unprecedented glut of crude in the U.S. expanded last week, signaling further weakness for oil prices already near a six-year low. Stockpiles at Cushing, Oklahoma, the delivery point for West Texas Intermediate futures traded in New York, rose 2.87 million barrels in […]