Tag: Rob Thummel

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 on Bloomberg

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)

Tortoise on Williams

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 […]

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 […]