Energy nerd. Creator of the NCP in-house algo. Research analyst specializing in resources w/ focus on energy & real estate. Principal at Nugget Capital Partners
#OIL STOCK BUYING CHECKLIST:
✔️ Nuttall bearish
✔️ Amrita calling for $40
✔️ Perma bulls selling oil to buy gas
✔️ TradeOilStocks not buying
✔️ Sankey bearish
✔️ Kao bearish
✔️ No Baskin podcast about CNRL past month
✔️ Burnsco not liking Baytex for torque
✔️ No #COM Spaces
All I know is that if oil goes into the $40s it is going to be a table pounding buy opportunity. If it goes into the $30s, oil stocks likely offer life changing money opportunities (assuming you weren't all in ahead of time...) BRING IT ON HRH. FINAL FLUSH OF THE OIL BULLS?
WARREN PIES: Growth scare coming in Q1/Q2. Fed to cut more then expected. Second wave of inflation not coming. Disflation is coming. Labor market weakening. All music to the ears of the team at Nugget Capital Partners who are positioned for this.
The cost of a one bedroom in Toronto is over $2,500/month.
This is a nightmare for Canadians - especially students.
They're going hungry in order to pay their rent.
In this country, no one - including students should have to starve to put a roof over their head.
$30 oil means a chance to buy $CNQ for a 7.8% yield and probably 50% upside potential. All the generalist investors should be salivating off that, but they probably won't be, becuz they started getting long at $80 and $90 CNRL after dumping on oil for years until it got hot. lol.
$MEG.TO likely a table pounding buy here. Back to multi-year lows despite massive deleveraging of higher cost debt, now buying back stock and with a couple new pipelines. The best oilsands asset at Christina Lake and possibly a top M&A candidate for any of the oilsands majors.
So let me guess this right:
- .@MPelletierCIO bragging about being underweight oil
- Eric Nuttall @ 45% #natgas
- Burnsco dumped Baytex and went full Bitcoin
- @oilydreamz has renounced the trade
- Jeff Currie capitulated
And there are people who think oil falls further here? 🤣
HALLIBURTON SAYS THE RIG ACTIVITY IS BELOW EXPECTATIONS EVEN IN SAUDI ARABIA WHILE NAM IS ROLLING OVER. THE QUESTION TO THE BEARS IS WHERE DO YOU EXPECT THE INCREMENTAL BARRELS TO COME FROM. YOU NEED TO KILL DEMAND OR INCREASE SUPPLY, THAT'S HOW IT WORKS. - ROGER.
$HAL#OOTT
JOSH YOUNG: OIL PRICES SHOULD BE $85 BASED ON INVENTORY LEVELS, PRICES ARE UNTETHERED FROM FUNDAMENTALS, HEADED INTO A DEFICIT NOT A GLUT, THE LONGER LOW PRICES LAST THE WORSE IT GETS FOR OIL BEARS. #OOTT H/T @inthemoneypod
🚨 new episode 🚨
This Texas energy investor has a soft spot for Canadian energy stocks
Find out where @joshyoung is investing and how he thinks about the current pop in oil prices
We talk oil at $85, OPEC+, wildfires, M&A, and activism, and of course #ProPicks (and yes
Will laugh my derriere off if all the perma oil bulls capitulted at the bottom while NCP brought up the overall portfolio to ~11% energy last week. #OOTT
