Energy Tag

Regional Differences in European GDP Trends

01 Feb, by Austin Mann in Economy

On Monday, Germany’s GDP print for the final quarter of 2022 came out below expectations of 0.0% by -0.2%. This negative (rather than stagnant) figure makes the -0.5% print forecast for Q1 2023 a more foreboding prediction for Germany’s economy. France’s expected GDP for Q4 was...

Divergences in the Energy Patch

07 Jun, by Steven Vannelli, CFA in Economy, Markets

Crude oil and energy equities have been on a tear for the last two years. But now we are seeing some divergences between oil prices and other related variables. First, as everyone knows, oil prices have been the main driver of rising bond yields this...

Spotlight Subsea 7: Submerged in the Energy Transition

28 Jun, by Knowledge Leaders Team in Knowledge Leaders

Subsea 7 works under the water, at all depths, providing engineering, construction, specialty technologies and maintenance for the offshore energy industry from traditional oil rigs to renewable energy. As owner and operator of one of the most advanced fleets of ships and remote-operated underwater vehicles...

The Selloff In Oil/Oil Stocks is Buyable

25 May, by Bryce Coward, CFA in Markets, Portfolio Management

As we write, comments by officials in Saudi Arabia about possible OPEC production increases later this year have sent WTI crude oil futures down below $68.00/barrel (-4%), down from nearly $73/barrel just three days ago. Meanwhile, global energy stocks are lower by about -2% for...

Oil is Breaking Out and Energy Stocks Have Lots of Upside

06 Nov, by Bryce Coward, CFA in Markets

As the famous Yogi Berra once said, "You can observe a lot just by watching". At the moment we are watching the price of oil break out of a trading range to the highest level in about 2.5 years. The "common knowledge" explanation for the...

The Rally in Energy Isn’t a Fluke

28 Sep, by Bryce Coward, CFA in Markets, Portfolio Management

Since the middle of August the S&P 500 energy sector is up 11.5% compared to just 3% for the index as a whole. Many observers have chalked this outperformance up as a reaction to a deep oversold condition or a short covering bounce, but a...

Is Energy’s Dead Cat Bounce Over?

12 Feb, by Knowledge Leaders Team in Markets

On an equal-weighted basis, the energy sector has still been the best performing sector in February. It is nearly 7% higher this month, however, it has been the worst performing sector so far this week (-1.5%)....

Banking And Energy Industry Groups Making New Lows

20 Jan, by Knowledge Leaders Team in Markets

Across all regions of the developed world, the banking and energy industry groups have been the worst performers.  The MSCI World banking industry is within .5% of making a new 5-year low compared to the MSCI All Country World Index....

Washed Out Energy Sector Bounced Today

21 Oct, by Knowledge Leaders Team in Uncategorized

The energy sector has been the hardest hit sector over the past month as well as over the past year. On an equal-weighted basis, the energy sector is down 14.7% over the past month and down 9.7% over the past year....