Coming into 2020 the pipeline sector was in good shape. Spending on growth projects peaked in 2018, and lower growth capex combined with rising cashflow from existing assets were set to drive Free Cash Flow (FCF) higher.
To the list of previously inconceivable events, add Texas oil drillers asking for their regulator to impose production curbs. Pioneer Natural Resources (PXD) and...
It’s no secret that equity markets have seen their share of market volatility and price declines over the past few weeks, but upheaval in the oil markets have been more severe by comparison.
It’s no secret that equity markets have seen their share of market volatility and price declines over the past few weeks, but upheaval in the oil markets have been more severe by comparison.
In this podcast, Kimberly Rios, a Commodity Portfolio Manager at Catalyst Funds recently sat down with Jeff Malec, Managing Director and Partner from RCM Alternatives to give a woman’s perspective on trading volatility.
This has been a historical week for financial markets in many aspects. For the purposes of this blog, I will focus on the oil markets, which have been devastated by rapid price declines and anemic demand.
The discretionary sector struggled as did all growth and quality-oriented areas of the market in 2022. That was a classic re-set and a raging opportunity to add exposure.
The Institute for Supply Management’s monthly survey of purchasing managers came in below expectations for August, while the Bureau of Labor Statistics jobs report indicated that nonfarm payrolls expanded by only 142,000 jobs during the month (against expectations of 161,000 jobs).