Tag: episode_1617

PETRIE: SAUDI SHOCKER

October 26, 2019

SAUDI SHOCKER

When Crown Prince Mohamed Bin Salman, widely known as MBS, rose to power in Saudi Arabia in 2017 he was heralded as a corruption fighter and modernizer who would shepherd the conservative Saudi kingdom into the 21st century with reforms including allowing women to drive. His reputation has been sullied since with the arrest of groups of prominent wealthy Saudis for alleged corruption. However, the most shocking deed on his watch was the brutal murder of Saudi journalist, turned dissident Jamal Khashoggi in the Saudi consulate in Turkey. Energy thought leader, Tom Petrie who has been involved in the oil industry for nearly 50 years shared his brief observations on this turn of events.

Watch the related WEALTHTRACK episode.

THINK LIKE A CONTRARIAN: CONSIDER ADDING ENERGY EXPOSURE TO YOUR PORTFOLIO

October 26, 2019

THINK LIKE A CONTRARIAN: CONSIDER ADDING ENERGY EXPOSURE TO YOUR PORTFOLIO

PETRIE’S SUGGESTED ENERGY FOCUS: MIDSTREAM COMPANIES

    • MOVE OIL & GAS FROM WELLS TO END USERS
    • PROVIDE INFRASTRUCTURE LIKE PIPELINES, REFINERIES, STORAGE
    • GENERATE HIGH LEVELS OF CASH FLOW
    • PAY DIVIDENDS ON STOCKS, OR INCOME THROUGH MASTER LIMITED PARTNERSHIPS
    • PETRIE’S SUGGESTED ENERGY FOCUS: MEGA OIL AND GAS COMPANIES
    • HAVE FINANCIAL HEFT TO GROW THROUGH ACQUISITIONS AND INVESTMENT

BIGGEST COMPANIES INCLUDE:

  • – EXXON MOBIL
  • – CHEVRON
  • – ROYAL DUTCH SHELL
  • – CONOCOPHILLIPS

Watch the related WEALTHTRACK episode.

Political & Economic Pressures on Oil & Gas Stocks. Industry Veteran Tom Petrie’s Reality Check

October 26, 2019

This page is here for technical reasons. Please click here for the episode page.

POLITICAL & ECONOMIC PRESSURES ON OIL & GAS STOCKS. INDUSTRY VETERAN TOM PETRIE’S REALITY CHECK

October 25, 2019

If you were to follow legendary investor Sir John Templeton’s advice to buy where there is maximum pessimism it might lead you to energy stocks. The energy sector has lagged the S&P 500 since 2016 and has been one of the worst if not the worst-performing industry sectors over the last year.
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PREMIUM: PETRIE

October 23, 2019

FOSSIL FUEL PRESSURE

Political & economic pressures on oil & gas stocks. Industry veteran Tom Petrie’s reality100 check

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