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 […]
Tag: Tortoise
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 […]
Tortoise's Rob Thummel in Bloomberg
Oil Tumbles as Swelling U.S. Stockpiles Rekindle Fears of a Glut American crude supplies jumped to highest since July 2017: EIA WTI crude drops more than 3%, extending trade-fueled decline […]
Tortoise's Rob Thummel in Bloomberg
Shale Overhead Costs Under Fire as Investors Drill Even Deeper Producers have cut growth plans, everyday costs now targeted Push comes as stocks continue to underperform broader market U.S. shale […]
Tortoise's Brian Kessens in Barron's
Oil in the U.S. Is Cheaper Than Overseas. That’s Bad News for U.S. Oil Producers Crude oil prices are forking. U.S. crude oil is priced at a near $10 discount […]
Tortoise's Matt Sallee in Reuters
Bar rises for shale takeovers as Chevron bows out of Anadarko fight Chevron Chief Executive Michael Wirth’s decision to opt out of a bidding war for Anadarko Petroleum Corp has […]
Rob Thummel quoted in WSJ
Oil Volatility Picks Up, Putting 2019 Rally Under Scrutiny Portfolio managers move into less-risky investments; prices swing with Trump pressure on OPEC and Iran Volatility is picking up in oil […]
Reuters with Brian Kessens
Occidental CEO Vicki Hollub makes bold bid for rival shale producer With a $38 billion bid on Wednesday for rival oil producer Anadarko Petroleum Corp, Occidental Petroleum Corp CEO Vicki […]
Tortoise's Rob Thummel in Bloomberg
Occidental Bids $38 Billion for Anadarko in Plan to Beat Chevron Cash-and-stock proposal values oil producer at $76 per share Occidental says it made three offers to Anadarko since March […]
CNBC with Michelle Johnston
Here’s how to play energy infrastructure stocks – Michelle Johnston, senior managing director at Tortoise Capital Advisors, joins CNBC’s “The Exchange” to discuss Tortoise’s new fund that focuses on energy infrastructure.
Tortoise at NYSE's Opening Bell
Today’s Bell Ringer, April 23, 2019 – Today’s bell ringers are Tortoise Essential Assets Income Term Fund (TEAF) with Kristin Douglass, the director of the strategic client group, and Michael Pappas, the regional vice president, at the NYSE, and X4 Therapeutics (XFOR) with CEO and President Paula Ragan, PhD, at the Nasdaq.
Rob Thummel on Fox Business
Senior PM Rob Thummel discussed the energy sector on Fox Business