What the Venezuela-Guyana border dispute means for oil prices A land dispute between Venezuela and Guyana has the potential to stir up risks in the oil market, but crude prices […]
Tag: Tortoise
Tortoise Senior Portfolio Manager Rob Thummel on CNBC Squawk Box
Chevron agrees to buy Hess for $53 billion. Here’s how to invest in the deal Jim Cramer, Rob Thummel of Tortoise Capital Advisors and Neal Dingmann of Truist Securities discussed […]
Tortoise Senior Portfolio Manager Rob Thummel on Fox Business Network
US will set a new record for oil demand in 2023: Rob Thummel TortoiseEcofin senior portfolio manager Rob Thummel discusses how China’s economic woes could impact crude oil prices on […]
Tortoise Senior Portfolio Manager Rob Thummel on Yahoo Finance
Energy: ‘It’s an attractive time to be looking at the energy sector’ as oil prices fall, analyst says Tortoise Portfolio Manager Rob Thummel analyzes energy market trends, the direction of […]
Tortoise Managing Director Rob Thummel in U.S. News and World Report
7 Best Oil Stocks to Buy for Exposure to Crude Prices With the global economic recovery from the pandemic and oil-market disruption from the Russia-Ukraine war, the energy sector has been […]
Tortoise Managing Director Rob Thummel on CNBC The Exchange
Nat gas prices likely to remain weak short-term, says EQT CEO Toby Rice EQT CEO Toby Rice, and Rob Thummel, senior portfolio manager at Tortoise Capital, join CNBC’s “The Exchange” […]
Tortoise Senior Portfolio Manager James Mick in Reuters
Analysis: OPEC+ in driver’s seat as oil supply growth lags demand The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given […]
Tortoise Senior Portfolio Manager James Mick in Bloomberg
US Shale Drillers Score a Cashflow Bonanza Thanks to OPEC+ Cut OPEC’s surprise decision to slash oil production stands to enrich an unexpected cohort: US shale drillers. The shock announcement […]
Tortoise Managing Director Rob Thummel in MarketWatch
Soaring oil prices: 6 things investors need to know about the surprise OPEC+ production cuts The Organization of the Petroleum Exporting Countries and its allies said they decided Sunday to […]
Tortoise Managing Director Rob Thummel in The Wall Street Journal
Oil Sputters as Traders Weigh Bank Fears Against China Hopes Wall Street projected an oil bonanza this year. The first quarter upended those expectations. Russia has continued pumping out petroleum […]
Tortoise Portfolio Manager Brian Kessens in US News & World Report
10 Best Energy Stocks to Buy in 2023 Renewable sources of energy, such as wind and solar, are gaining traction as the world seeks to reduce carbon emissions. But, at the […]
Tortoise's Rob Thummel in the Wall Street Journal
Oil’s Slide Deepens on Mounting Demand Worries Unexpected rise in crude stockpiles sends prices to lowest close since mid-January A rout in oil prices deepened Wednesday after government data showed […]
Tortoise's Brian Kessens in Bloomberg
Oil Slump Deepens on ‘Shocking’ Jump in U.S. Fuel Stockpiles Swelling American inventories compound global recession fears WTI futures fall almost 6%; Brent crude hits 7-month low Oil plunged, re-entering […]
Tortoise's Brian Kessens in Reuters
Oil rises on expectations of Fed rate cut, another U.S crude drawdown NEW YORK (Reuters) – Oil prices rose about 2% to a two-week high on Tuesday on optimism the […]
Tortoise in Institutional Asset Manager
Tortoise launches suite of UCITS funds focused on energy transition, sustainable infrastructure and water Tortoise has launched three UCITS funds – the Tortoise Energy Transition UCITS Fund, the Tortoise Sustainable […]
Tortoise's Rob Thummel in MarketWatch
Chevron, Exxon earnings: Shale M&A is high on the list of investor concerns Exxon Mobil Corp. and Chevron Corp. are slated to report second-quarter earnings next Friday before the bell […]
Tortoise's Rob Thummel in Barron's
Low Prices Boost Hopes for Natural Gas Natural gas finally has broken out of the tight trading range it’s been stuck in for the past six months. But it’s done […]
Tortoise's Rob Thummel in The Wall Street Journal
Shale Output Shows Signs of Slowing The number of active oil rigs in the U.S. fell to a 17-month low last week Oil prices are back on the rise, but […]
Tortoise's Brian Kessens in Bloomberg
Oil Fades as Flagging U.S. Fuel Demand Adds to Economic Angst Gasoline, distillate stockpiles grew almost 10 million barrels WTI falls for third day amid weak consumption data from EIA […]
Tortoise's Rob Thummel in Bloomberg
The Shale Boom in the Permian Is Slowing Down High well-decline rates burning cash as investors stay away Smaller producers fight to survive, bigger ones cutting back The promise of […]
Tortoise's TBLU ETF in The New York Times
As Fresh Water Grows Scarcer, It Could Become a Good Investment Water is easy to take for granted. It falls from the sky, and, though it’s vital, we sometimes treat […]
Tortoise's Brian Kessens in Bloomberg
Oil Leaps as Stockpile Drop Adds to Iran Tensions, Gulf Storm American inventories fall to lowest in three months: EIA WTI climbs near $60 a barrel; Fed chair hints at […]
Tortoise's Rob Thummel in S&P Global
Q2 a cautious period for upstream E&Ps, but little change seen for rest of 2019 CEOs still wary of oil price volatility Executives likely hold capex steady at midyear Firm […]
Tortoise's Matt Sallee in Bloomberg
Oil Rebounds as U.S. Gasoline Drop Helps to Ease Post-OPEC Gloom U.S. stockpiles fell by 1.6 million barrels last week: EIA WTI futures rise 1.9% after sliding most in a […]
Tortoise's Nick Holmes in Bloomberg
Oil Jumps Near $60 on Biggest U.S. Stockpile Drop Since 2016 Inventories declined 12.8 million barrels last week, EIA says WTI climbs as much as 3.6%, as draw far exceeds […]
Tortoise's Nick Holmes on Yahoo Finance
Trump calls off military strike against Iran – President Trump approved military strikes against Iranian targets, but then called it off late last night. Yahoo Finance’s Akiko Fujita, Heidi Chung, and Kristin Myers are joined by Nick Holmes, Tortoise Director and Investment Analyst, break down the details.
Tortoise's Rob Thummel quoted in Bloomberg
Oil Slips Below $54 as Trade Fears Outweigh U.S. Gasoline Demand American crude stockpiles fell by more than expected last week WTI futures shed earlier loss; OPEC+ may extend supply […]
Rob Thummel in Wall Street Journal
Frackers Scrounge for Cash as Wall Street Closes Doors With traditional financing options dwindling, shale companies explore costlier alternatives Shale drillers are scrambling to raise cash as oil prices plummet […]
Tortoise's Nick Holmes in Bloomberg
Oil Set for Year’s Worst Month as U.S. Glut Adds to Trade Woes Decline in stockpiles just one-fifth of expected withdrawal WTI dropped 3.8% as EIA report adds to U.S.-China […]
Tortoise's James Mick in Reuters
Oil prices drop as trade war worries outweigh supply disruptions Oil prices fell sharply on Wednesday as China signaled it would play the rare earths card in its trade war […]