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?
Yet Another Value Podcast