Energy
Electric vehicles are unlikely to make a dent in global oil demand for years under even the most optimistic scenario (from Trader Ferg on June 9)…
I’m pondering just how little EVs will offset oil demand in even the most bullish scenario over the next few years. Consider EVs only make up ~1.8% of the global fleet currently (26m EVS / 1.44B ICE), and passenger vehicles, in turn, only make up 27% of oil demand. EVs hit 10% of global sales
Harris “Kuppy” Kupperman – manager of hedge-fund Praetorian Capital – explains why investors waiting for a “breakout” in uranium could be in for a surprise (from Kuppy’s Korner on June 11)…
[A] few months back, I was on a panel with several other investors and the topic of uranium came up. Oddly, these investors were quite dismissive of uranium. I’m paraphrasing but this was the general tone, “But Kuppy, we all heard this uranium story 5 or 7 years ago. There are guys on twitter who’ve
Warren Buffett’s Berkshire Hathaway has been buying millions of additional shares of Occidental Petroleum (OXY) over the past several months. Energy-focused investment firm Bison Interests explains why this is a bullish long-term omen for oil and gas stocks (via Twitter last summer)…
Continue reading here.
Harris “Kuppy” Kupperman explains why 2023 could finally be the year the uranium bull market takes off (from Kuppy’s Korner on January 25)…
I do a lot of investing in industries that are tied to supply and demand of some commodity or service, as I have found supply and demand to be one of the most basic concepts, yet one of the hardest for Wall Street to accurately model or price. This is because most investors, even most
This is the fundamental reason oil and gas prices are likely to move significantly higher in the years ahead (from Kailash Concepts via Twitter on March 20)…
Continue reading here.
This recent multi-billion-dollar oil deal implies significant upside for smaller energy stocks (from Bison Interests on April 7)…
Ovinitiv (NYSE: OVV) is acquiring oil and gas assets in the Permian Basin from three private companies backed by Encap, a private equity firm: Black Swan Oil & Gas, Petrolegacy Energy & Piedra Resources. Ovinitv is buying approximately 75,000 Boepd of production (80% liquids) and 65,000 net acres with an estimated 1,050 net undrilled well