This week, Investment Specialist Jacob Ford and Senior Portfolio Manager Brian Kessens discuss
how disruptions to global oil supplies and geopolitical tensions are impacting energy markets.
Here’s what you’ll learn:
- How this has been ‘one of the most interesting’ months in 20+ years for Brian Kessens: Headlines highlight the disruptions to crude, but recent events have impacted energy supplies almost entirely across the board.
- What this might mean for stock prices: Not surprisingly, energy stocks have moved higher over the past month, but some may have even expected more. That’s why it’s important to remember the strong start to the year.
- Why this could be a competitive advantage for the U.S.: As an exporter, the U.S. remains energy independent, although there’s not much capacity to export more.
- 2 big surprises this month: Get Brian’s take on why service stocks are barely up and what’s going on with the tanker in the Persian Gulf.
Watch it now to help keep you and your clients on top of current events.
Fan of the show? Make sure to like, subscribe and share the episode. Then tune in next week for more timely energy QuickTakes and market insights.
Important Information
Nothing contained in this communication constitutes tax, legal, or investment advice. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. This podcast contains certain statements that may include “forward-looking statements.” All statements, other than statements of historical fact, included herein are “forward-looking statements.” Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual events could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. You should not place undue reliance on these forward-looking statements. This podcast reflects our views and opinions as of the date herein, which are subject to change at any time based on market and other conditions. We disclaim any responsibility to update these views. These views should not be relied on as investment advice or an indication of trading intention. Discussion or analysis of any specific company-related news or investment sectors are meant primarily as a result of recent newsworthy events surrounding those companies or by way of providing updates on certain sectors of the market. Through our family of registered investment advisers, we provide investment advice to related funds and others that includes investment into those sectors or companies discussed in these podcasts. As a result, we stand to beneficially profit from any rise in value from many of the companies mentioned herein including companies within the investment sectors broadly discussed.
West Texas Intermediate (WTI) is a light, sweet crude oil primarily sourced from Texas, known for its high quality and ease of refining. Liquefied Natural Gas (LNG) is a natural gas that has been cooled to a liquid state for shipping and storage – the volume in this state is about 600 times smaller than in its gaseous state, able to transport for much longer distances when pipeline transport is not feasible. BCF (or Bcf) stands for billion cubic feet, a standard unit used to measure large volumes of natural gas in reserves, production, storage, or consumption. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to more than 27 million Texas customers — representing about 90 percent of the state’s electric load. PJM Interconnection (PJM) is the largest Regional Transmission Organization (RTO) in the United States, managing the electric grid and wholesale electricity markets for 67 million people across 13 states—including Pennsylvania, New Jersey, Maryland, Ohio, Virginia, and Illinois—and the District of Columbia. Capital expenditures (CapEx) are funds companies use to acquire, upgrade, or maintain physical assets like buildings, technology, or equipment, with the goal of increasing operational scope or future economic benefits.
The S&P 500® Index is an unmanaged, market-value weighted index of stocks that is widely regarded as the standard for measuring large-cap U.S. stock market performance.
Past performance is no guarantee of future results.