Tortoise QuickTake Podcasts

In this month's energy podcast, Senior Portfolio Manager James Mick discusses: Performance updates across the board The Fed restarting interest rate hikes after a brief respite in June Multiple weeks of positive returns for crude oil July kicking off earnings season with several companies reporting Download Transcript 

In this month's energy podcast, Senior Portfolio Manager Rob Thummel discusses: How we believe the energy sector is poised to make a comeback in the second half of the year OPEC+ reset quotas lowering 2024 production levels Updates on ONEOK's potential acquisition of Magellan Midstream Partners Significant new contract activity in the global LNG market as the U.S. and Qatar vie for top spot as largest global exporter of LNG Download Transcript 

In this month's energy podcast, Senior Portfolio Manager Matt Sallee discusses: Updates on earnings season and key themes across the board Midstream being a bright spot in Q1 energy earnings The increase in M&A activity in both upstream and midstream Push back following ONEOK acquisition of Magellan Midstream Macro concerns surrounding the debt ceiling legislation and looming recession potential Download Transcript 

In this month's energy podcast, Senior Portfolio Manager Brian Kessens discusses: OPEC’s decision to reduce crude oil production in attempt to gain control of prices Continued high natural gas inventories and the results Accelerated buybacks in midstream following banking crises New EPA rules targeting emission standards Expectations for the Fed’s upcoming meeting on interest rates Download Transcript 

In this month's energy podcast, Senior Portfolio Manager James Mick discusses: March updates across energy and oil sectors Silicon Valley Bank shutdown and its subsequent impact on energy companies and market returns OPEC’s surprising cut to crude oil production Download Transcript   

In this month's energy podcast, Senior Portfolio Manager Rob Thummel discusses: Commodity prices remaining low, although there are some indications of higher prices by the end of the year Key themes from earnings updates Energy companies continuing to take an all-of-the-above approach to energy transition Download Transcript

In this timely energy podcast, Senior Portfolio Manager Rob Thummel discusses: Contributing factors to the historic fall of natural gas prices Why did they fall so quickly? Our outlook for natural gas prices in 2023? Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses: Midstream outperforming the S&P in 2022 with lower volatility (beta of 0.70 to the S&P and 0.36 to crude oil) IEA forecasting record demand growth leading to tight supply putting upward pressure on oil prices Kickoff to fourth quarter earnings season Download Transcript

In this year-end energy podcast, Senior Portfolio Managers Rob Thummel, James Mick, Brian Kessens and Matt Sallee discuss: An overview of the commodity markets and outlook for 2023 Midstream year in review and outlook View on the broader energy sector and key themes going forward Download Transcript  

In this week's energy podcast, Senior Portfolio Manager Brian Kessens discusses the following topics from last week: Some clarity provided as midterm election outcomes become known, 3Q earnings come to a close and an expected 50 bps interest rate hike in December Crude oil moved lower on an increase in Covid cases in China Updates from two notable industry conferences Download Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses: Two primary forces that drove macro news: the Fed and China Tuesday’s election not producing the expected red wave- and the market doesn’t like surprises Better-than-expected CPI results on Thursday China’s developing plan to lighten up its zero Covid policy in 2023, which should be positive for energy demand Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses: In October, Alerian MLP Index outperformed the Dow Jones Industrial Average, which had its best monthly gain since January 1976 Updates on third quarter earnings season with many core infrastructure holdings reporting results last week Companies unveiling expansions to the U.S. energy infrastructure network that should facilitate increasing exports of crude oil, natural gas, and natural gas liquids Impact of a windfall profits tax suggested by President Biden Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses: An overview of earnings results from across the value chain Excelerate Energy announced the finalization of yet another LNG contract with the German government to deliver incremental gas supplies Download Transcript

In this week's energy podcast, Senior Portfolio Manager Brian Kessens discusses: Markets bounced back last week after the UK made a U-turn on fiscal policy and conjecture the Fed may be less hawkish at its early November meeting President Biden announced a 15 million barrel draw from SPR through December in an effort to keep crude oil prices lower Update on third quarter earnings season Download Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses: CPI indicating potentially more rate hikes to curb inflation Why we think higher crude oil prices will not push the US into a recession Midstream energy companies continue to participate in the energy transition using existing pipeline systems to transport cleaner energy sources Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Rob Thummel discusses: Midstream energy outperformed the broad markets increasing almost 4% OPEC+ announced that it will cut production by 2 million barrels per day starting in November European countries are taking actions to reduce energy consumption over the winter due to Russia cutting natural gas to Europe Download Transcript  

In this week’s energy podcast, Senior Portfolio Manager Quinn Kiley discusses: Consensus view appears to be that the Fed’s conviction that it must increase interest rates to fight inflation will cause a recession Unfortunately Senator Manchin’s language to limit permitting time for infrastructure projects was removed from the bill OPEC+ meets this week and positive communication to support oil prices could drive energy stock higher Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Brian Kessens discusses: Senator Manchin provided details of his Energy Independence and Security Act of 2022, which contains a host of provisions that could benefit the entire energy value chain Two more US LNG developments from Cheniere Energy and Tellurian This week includes watching out for tropical storms and how they could impact energy prices Download Transcript

In this week’s energy podcast, Senior Portfolio Manager Matt Sallee discusses: On the bright side, the latest PPI data points to a 13% FERC tariff escalator for liquids pipelines Positive company news for Cheniere, Crestwood and NextDecade Energy is the only sector not expected to experienced negative earnings revisions for Q3 Download Transcript

In this week’s energy podcast, Senior Portfolio Manager James Mick discusses: OPEC+ elected to cut production by 100,000 barrels per day, reversing it’s previous increase The natural gas concerns for Europe continue as Mother Nature will decide how long storage levels last Acquisition announcements from Williams Companies and EQT Download Transcript