Sunday, December 22, 2024
It may have been the Fourth of July, but it was a Japanese titan of the car that set off the fireworks a few weeks ago in the auto industry. The company—and its new CEO, Koji Sato—unveiled ambitions to halve the size, cost, and weight of batteries for its electric vehicles (EVs) following a breakthrough […]
On July 13, Exxon Mobil (XOM) agreed to buy Denbury (DEN) for $4.9 billion. Denbury shareholders will receive 0.84 shares of Exxon for every share of Denbury stock they owned. This acquisition will accelerate Exxon’s energy transition business, thanks to Denbury’s established carbon dioxide (CO2) sequestration operation. And far from being too late, this marks […]
The International Energy Agency (IEA) predicts crude oil production growth will slow to near-zero by 2028. OPEC, the cartel of mostly Middle Eastern oil-producing countries, disagrees. Some history lessons give us a clue as to which party is probably correct. The answer will have a huge impact on how to invest for income in the […]
Worldwide, there is gridlock on the grid—the network of power lines, cables, substations, and transformers that takes electricity around countries to power our homes, offices and factories. And there is just not enough of this power, which opens a vast multi-trillion dollar investment opportunity. Let me explain… Around the world, developers of renewable energy infrastructure […]
I always find the oil industry interesting… For instance, did you know that unconventional oil production – U.S. shale – was the only source of growth in global oil supply over the last 12 years? The only growing non-OPEC basin is the Permian Basin in West Texas. Never before has global oil supply growth been […]
Many expect that hydrogen can and will be a carbon-free substitute for natural gas. My research shows that existing manufacturers and energy midstream companies could handle much of the transition. These facts heighten the long-term investment potential of the companies that will produce and deliver hydrogen to utility companies. Let’s talk about what “green hydrogen” […]
Fortunes are going to be made in the oil and gas business over the next decade. The uncomfortable truth that we cannot convert to 100% renewable energy on the timetable currently being touted is beginning to sink in for those who are blessed with a modicum of common sense. Politicians and activists will take longer. […]
There is a business sector in which the number of publicly traded companies has shrunk by two-thirds over the past decade. This sector provides absolutely essential services to keep the economy running. Its consolidation offers investors the potential for long-term, attractive total returns… From the 1990s through the mid-2010s, energy midstream rewarded investors with excellent […]
U.S. natural gas pipeline giant ONEOK (OKE) is set to buy Magellan Midstream Partners (MMP), which owns a pipeline network that primarily transports crude oil and refined products for $18.8 billion. This is going to be huge for investors… Magellan shareholders will receive $25 cash and two-thirds of an ONEOK share for each unit of […]
Last week, when ONEOK Inc. (OKE) announced it would acquire Magellan Midstream Partners LP (MMP) in a $18.8 billion deal, the market disliked the news and the stock dropped by 10%. The market is wrong about this tie-up. I can prove it with one word… ONEOK is an energy infrastructure company focused on natural gas […]
