Josh Young, CIO of Bison, returns to the podcast to discuss what's going on in the energy markets and his recent investment thesis for Vital Energy (VTLE).  

Bison's VTLE thesis: https://bisoninterests.com/content/f/vital-energy-is-deeply-discounted 

Chapters 

• 0:00 Intro 
• 3:15 What's happened in energy stocks since Josh's last appearance 
• 5:45 Discussing the outlook for nat gas 
• 15:10 Josh's current outlook for oil 
• 24:30 Is the oil market properly reflecting China's reopening 
• 29:30 Can Russia keep up current production levels? 
• 34:35 VTLE overview 
• 51:00 Breaking down VTLE's assets a little further 
• 57:35 What are the little things that energy companies do to improve operations 
• 1:01:20 Has VTLE earned the right to pursue M&A? 
• 1:07:00 VTLE's base case NAV valuation 
• 1:11:30 Will private equity ever step back into the energy space?