Everyone Deserves To Be Energy Rich
2024-12-07: Reflections on the End of The Energy Transition™ Era
2024-11-16: Energy First: A Healthy Reprioritization of Our Priorities
Navigating The Energy Macro
2025-01-18: Super-Spiked Videopods (EP57): Super-Spiked Videopods (EP57): Big Questions on our Big Themes for 2025
2025-01-11: Big Themes for 2025: Energy Scenario Normalization, Power Surge, Technology-Driven Growth
2024-12-21: A Look Back at 2024 Tactical Questions
2024-10-12: FAQ On Rising Middle East Turmoil and Energy Markets
2024-10-05: Super-Spiked Videopods (EP51): Copper, Crude, China, Normalization
2024-05-18: Super-Spiked Videopods (EP42): Pushbacks and Random Thoughts
2024-04-06: Spring Check-In On Growth And Returns
2024-02-03: Super-Spiked Videopods (EP36): Pause: LNG Permits, Saudi Capacity, TSLA
2024-01-13: Ten Tactical Questions for Traditional Energy in 2024
2023-10-21: The Mega Risks and Traditional Energy As A Hedge
2023-09-30: Five Big Calls To Get Right Over The Next Ten Years
2023-08-26: Where Are We In The Cycle...In Pictures
2023-07-22: FAQ: Peak demand? Peak Permian? What About Africa?
2023-07-15: Five Big Questions for Traditional Energy at the Mid-Point of 2023
2023-05-20: Pre-Summer Check-In on The Big Questions for 2023
2023-04-15: Super-Spiked Videopods (EP23): Where Are We In The Cycle
2023-03-25: The PTSD Pullback, Part 2: Goodbye Europe…Hello Rest of World?
2023-02-25: Evolution of a Structural Bull Market: The PTSD Pullback
2023-01-14: Super-Spiked Videopods (EP20): Free money bubble stocks, EV hockey sticks, and oil demand
2023-01-07: Super-Spiked Videopods (EP19): Diving in on 5 Big Questions for 2023, Part 1
2023-01-01: Five Big Questions At The Start of 2023
2022-12-17: Super-Spiked Videopods (EP18): Are We At Peak Energy? (Spoiler: Not even close)
2022-12-10: Attracting Capital Back to Energy: Q&A and Clarifications
2022-12-03: Where Are We in the Energy Cycle, A Framework (Spoiler: It's Early Days)
2022-11-26: Super-Spiked Videopods (EP17): Attracting Capital Back to Traditional Energy
2022-11-12: Metaverse Meets Universe: The Coming Return of Terminal Value to Traditional Energy
2022-11-05: $XLE Resurrection: So Far, So Good…So What!
2022-09-17: Super-Spiked Videopods (EP14): Virtuous and vicious cycles
2022-08-20: Market corrections, Jimmy Carter, and energy in the 1970s
2022-05-21: Market corrections, recession risk, and energy
2022-05-07: Super-Spiked Videopods (EP8): Live from St Andrews
2022-04-23: Sentiment Watch: The 3Rs - ROCE rebounding, Recovering S&P weight, Rescued assets
2022-047-16: Super-Spiked Videopods (EP7): The New Energy Crisis Era
2022-04-02: Super-Spiked Videopods (EP5): Energizing Bitcoin
2022-03-26: Q&A on how Russia-Ukraine might impact the energy transition era
2022-03-08: Super-Spiked Videopods (EP4): Macro Commentary
2022-02-19: Energy transition Q&A and clarifications
AI & Energy GPT
2024-03-16: Will AI Be Our Salvation Toward A Healthier Energy Evolution?
Corporate Strategy
2024-10-26: The G-Word (Growth) and Through-Cycle Outperformance
2024-10-19: Super-Spiked Videopods (EP52): Macro Turmoil and the G-Word (Growth)
2024-06-22: Earning The Right To Grow
2024-06-15: Super-Spiked Videopods (EP43): Returns AND Growth With Long-Term Buybacks
2024-02-24: Should I Stay Or Should I Go? E&P M&A Takeaways
2024-01-20: Super-Spiked Videopods (EP35): Growth, Returns, and Sub-Sector Themes
2024-01-06: Big Themes for 2024: Normalization, Differentiation, and Phasing-In Profitable Growth
2023-12-16: Super-Spiked Videopods (EP34): Phasing-In Profitable Growth: 2024 Preview
2023-11-18: Super-Spiked Videopods (EP33): Returns, Risk Taking, and Resetting Valuation Higher
2023-11-11: Reframing the growth versus returns trade-off debate
2023-11-04: Super-Spiked Videopods (EP32): Energy M&A Q&A
2023-10-28: Beautiful Big Oil: Takeaways From Super Major M&A
2023-05-13: Transitioning Corporate and Investor Risk Taking: Q&A and Clarifications
2023-04-22: The Freedom to Grow Base Distributions
2023-04-01: Will the Grass Be Greener as a Private? A Focus on SMID-Cap Traditional Energy
2023-03-18: Super-Spiked Videopods (EP22): Risk Taking in the Age of Transition-Driven Austerity
2023-03-04: Zigging While Others Zag In A Super Vol World
2023-01-21: Cost Curve Evolution, Diversification, Cost of Capital, and Avoiding Purgatory
2022-10-08: Super-Spiked Videopods (EP15): WWLRD: Lee Raymond and Energy Transition
2022-10-01: What Would Lee Raymond Do (WWLRD)?
2022-09-10: Will the grass be greener going private as a large-cap oil & gas company?
2022-06-25: E&P M&A Q&A and Clarifications
2022-06-18: E&P M&A Inevitability
2022-04-30: Navigating The Energy Transition: Opportunity time for SMID-cap and private E&Ps
2022-01-15: Energy Transition Resilience: Fortress balance sheet
ESG
2024-07-13: If ESG Reporting Disappeared, Would Most Investors Care?
2023-06-03: Super-Spiked Videopods (EP25): Revisiting the Role of Oil & Gas in Energy Transition
2022-10-29: Super-Spiked Videopods (EP16): Policy and “Climate Action” Madness
2022-10-22: Munich Re and Newton’s 3rd Law
2022-09-24: Sticks & Stones was wrong, words matter
2022-05-14: Super-Spiked Videopods (EP9): Proxy Wars - Banks & Climate
2022-01-29: Super-Spiked Videopods (EP2): ESG 2.0 & Energy Transition Framework
2022-01-22: Scope 3, as currently defined, is a societal cop-out
2022-01-09: ESG 2.0: Substance, virtue signaling, profitability
2021-12-23: Dear Santa, All I Want for Christmas Is…
2021-11-23: Stop trying to get Blockbuster Video — i.e. Big Oil—to accelerate energy transition
Geopolitics & Policy
2024-11-23: Super-Spiked Videopods (EP55): Bettering The Outlook for Energy
2024-11-09: Super-Spiked Videopods (EP54): Election Takeaways for the Energy Sector
2024-11-02: Super-Spiked Videopods (EP53): Structural Macro Drivers Transcend Elections
2024-09-28: What The 50-Year Quest For US “Energy Independence” Can Teach Us About “Net Zero” Achievability
2024-08-03: Super-Spiked Videopods (EP46): Finding Common Ground on Energy Policy Choices
2024-07-27: Does The US President’s Party Impact Energy Macro Results?
2024-07-20: Super-Spiked Videopods (EP45): Can You Trust The United Nations on Energy and Climate?
2024-06-29: Super-Spiked Videopods (EP44): American Energy Exceptionalism
2024-03-02: Geopolitical and Environmental Implications of US Oil & Gas M&A
2023-10-14: Super-Spiked Videopods (EP31): Geopolitics and Transition Turmoil
2023-10-07: Policy Risk In A Future Super-Spike 2 Environment
2023-07-10: Disruption Countries Risk: A Navigable Macro Factor
2022-10-15: "I'm from the government and I'm here to help"
2022-08-13: Super-Spiked Videopods (EP12): The Role of Canadian Energy w/ @ArjunNMurti
2022-08-06: A thriving Canadian oil & gas industry is critical to a less messy energy transition era
2022-04-09: #FreeCanadianOil🇨🇦: Keep Russian oil in the ground instead
2022-04-05: Super-Spiked Videopods (EP6): Progress! (Rhetorically Speaking)
2022-03-19: What does pariah state status imply for future Russia oil exports?
2022-03-12: We need more good barrels and fewer bad barrels
2022-03-05: Energy security and the case for Canada
2022-02-05: Bedlam in Belgium: Ill-advised energy transition policies increase geopolitical risks
2021-11-27: Free Secretary Granholm
2021-11-18: Retro Biden snatching oil price defeat from the jaws of irrelevance
Lessons Learned
2024-12-14: Super-Spiked Videopods (EP56): Lessons from The End of the Energy Transition Era: Governance
2022-08-27: Super-Spiked Videopods (EP13): When Markets Break: Oil Super-Spike July 2008
2021-12-18: Dumb Calls I Made as a Street Analyst
Obliterating Peak Demand
2024-05-11: Q&A and Clarifications on Everyone on Earth Being Energy Rich
2024-05-04: Super-Spiked Videopods (EP41): Oil’s Peak Demand: Everyone Is Rich
2024-04-27: Obliterating Peak Oil Demand: A Progress Update
2023-08-19: Super-Spiked Videopods (EP28): The End Is Not Near (for Oil...or Gas)
2023-08-12: Lessons From Asia “Tigers”: Significant Oil Demand Growth Ahead For India and Africa
2023-08-05: Obliterating Peak Oil Demand Fears As Energy Transition Realities Set In
2023-07-29: Super-Spiked Videopods (EP27): Is Oil A Sunset Industry? Part 1 - Demand
Perpetual Transition
2024-09-14: FAQ on A Slowing China’s Impact on the Oil & Refining Macro
2024-09-07: Next 10 Years of Perpetual Transition: China
2024-08-24: Super-Spiked Videopods (EP49): 30 Years of Perpetual Transition: Geopolitics & Policy
2024-08-17: Super-Spiked Videopods (EP48): 30 Years of Perpetual Transition: Sectors
2024-08-10: Super-Spiked Videopods (EP47): 30 Years of Perpetual Transition: Macro
Profitability Deep Dive
2024-04-20: Super-Spiked Videopods (EP40): CROCI Deep Dive Discussion
2024-04-13: Diving Deeper Into CROCI, A Cash Returns Complement To ROCE
2024-01-27: Profits Over Prices: A Returns-Based Normalized Framework for Evaluating Traditional Energy
2023-12-09: Lessons From 2023: New ROCE Regime At Odds With Demands To "Transition"
2022-06-11: High cost of capital delaying growth CAPEX impulse
2022-06-04: 20%+ ROCE in the 2020s for traditional energy leaders
2022-01-02: Super-Spiked Videopods (EP1): ROCE Deep Dive
2022-01-01: Identifying Early ROCE Signals Ahead of Major Cycle Turns
2021-12-12: From Fake IRRs and Surplus Capital to ROCE and Capital Discipline
2021-12-07: From Not-For-Profit to a New ROCE Super-Cycle
Resilient Coal
2023-02-18: Super-Spiked Videopods (EP21): Respect Your Elders: Lessons from King Coal for Oil & Gas
2023-02-11: FAQ: Resilient Coal, Cost of Capital, and ESG 2.0
2023-02-04: The Right and Wrong Lessons to Learn From Coal's Global Resilience
2023-01-28: Will Oil (Equities) Go The Way of Coal (Equities)? Yes (No)
Super Vol Mindset
2023-06-24: Super-Spiked Videopods (EP26): OPEC, Trading Noise, and Oil Super-Cycles
2023-06-17: Oil Super-Cycles Are About Upward Pressure on Long-Dated Oil, Not Near-Term Inventory Movements
2023-06-10: Volatility Not Vienna Redux: Ignore OPEC Noise Most of the Time
2023-04-08: FAQ: OPEC Cuts and Forward Curves Amidst a Super Vol Macro Backdrop
2022-07-30: Crude Oil Commodity Markets 101
2022-07-23: The Pursuit of Vikings: Embracing Oil Market Volatility
2022-07-16: Super-Spiked Videopods (EP11): Super Vol Mindset, Part 2
2022-07-09: Super-Spiked Videopods (EP10): Super Vol Mindset for the Long Run
2022-02-26: Super-Spiked Videopods (EP3): Super Vol vs Super-Cycle
2022-02-12: Super vol vs super cycle, a subtle but important mindset difference
The Energy Transition Needs to Transition
2024-09-21: Super-Spiked Videopods (EP50): Live from St Andrews: 50th VideoPod Special
2024-06-08: Q&A and Clarifications On Fading “Energy Transition”
2024-06-01: So long “energy transition,” hello meeting global power growth
2024-03-23: Super-Spiked Videopods (EP39): The New Energy Transition Narratives
2024-03-09: Super-Spiked Videopods (EP38): Pragmatizing The Energy Narrative
2024-02-17: Super-Spiked Videopods (EP37): Goodbye Europe, Hello Rest of World
2024-02-10: The EV S-Curve Rorschach Test
2023-12-02: Lessons from 2023: RIP "Fast Energy Transition" Narrative
2023-09-23: Super-Spiked Videopods (EP30): Profits Over Preaching
2023-09-16: Ding DONG: New Energy Growing Pains Rewards Transition Patience
2023-09-09: The 1.4 Billion People Club Will Dominate The Outlook For Energy
2023-05-06: Super-Spiked Videopods (EP24): Transitioning The Energy Transition To a Rest of World Focus
2023-04-29: Re-Centering “Energy Transition” To a Rest of World Focus
2023-03-11: The Energy Transition Needs to Transition
2022-11-19: Super-Spiked Turns One, A Messy Energy Transition Era Turns Two