Despite Energy's YTD performance, investor 'interest' remains quite high. 21% of the top 200 searched CDN companies on Bloomberg Terminals are Oil & Gas stocks (vs. 17% historically). With WTI and NYMEX prices near ~3 year lows, this still captive audience is an encouraging sign

95% confidence or 0% confidence? The EIA updated its NYMEX natural gas price outlook with a confidence interval between $2 - $10/mcf (based on option contracts out to YE 2025 ). With current prices at $2.60, there’s seemingly an asymmetric skewness to the upside within the

Just adding to some comments I made in the Calgary Herald this morning, here’s CDN oil / liquids growth relative to EIA expectations. Although crude forecasts have typically been more optimistic, a look back still shows growth at 4.1%/y since 2010, (with supply hitting a record

Wider for Longer: "Trans Mountain encountered technical issues which will result in additional time......with the anticipated in-service date in the second quarter of 2024" transmountain.com/news/2024/tran…

How reflective are NYMEX strip prices in foreseeing future Supply/Demand dynamics? Pretty accurate. Despite natural gas spot prices at peak lows today, the contango steepness is now surpassing levels back in 2012 and 2020. Generally, these were favourable times to turn bullish on

Even with lower oil prices today, the S&P500 Energy Index ‘Free Cash Flow Yield’ still trades meaningfully above other sectors. As we start to see a floor in commodity prices, it’s an industry that likely grabs increased investor attention, especially if these higher interest

Higher temperatures, normal precipitation, and a low snowpack with the latest update. The trifecta should allow for a shorter than usual Spring Break-up for the CDN Oil & Gas sector. Most company guidance typically cushions for an extended break-up period, but this weather

Type "Oil Price" in google and the first website is Oilprice.com. Their amount of daily traffic is likely a good proxy of interest by retail investors toward the energy sector (notice the spikes during Covid and Ukraine). Last week saw interest pick up again, putting

Although the long-term trend in Oil & Gas valuation has been moving lower, 'premium names' have seen the largest drop. Overall, expect multiples to expand on these higher quality names first before we see multiple expansion elsewhere #oott #investing #WTI

Interesting perspective on Q1 2025 institutional investor capital flows in energy stocks from BMO

Insider buying of Canadian oil and gas stocks has soared

Looking to be a better energy investor? It’s not always about the numbers. I sat down with Trevor Rose to discuss cognitive biases when investing in Oil & Gas: podcasts.apple.com/us/podcast/230…

From Jeremy McCrea, CFA "Most fracked wells reach payout within 12-18 months at current WTI prices, but perhaps investors should be considering more when 2x well payout is achieved" "multi-lateral drilling reach 2x payout at a much quicker rate" linkedin.com/in/jeremy-mccr…