Close of Business Tuesday 8-11-2020

This week at COBT was all about one thing - one really important thing - POWER. We were very fortunate this week to have Robert Bryce join us. Robert is so many things - a power expert, an author of six books, an energy journalist, and a moviemaker. Robert’s true passion is the impact of power and electricity on people’s lives across the globe. It was a fantastic discussion that could have gone for two hours if we had just gone with it. Robert was a super engaging and ultra positive and informative guest. We discussed his most recent book, "A Question of Power: Electricity and the Wealth of Nations” and also his recent documentary movie “Juice.”

The TPH crew chimed in to get our discussion going today. Mike Bradley hit highlights from the Saudi Aramco earnings call and recent strength in the energy credit markets. Matt Portillo hit the positives of the discipline coming out of recent energy earnings calls and Jordan McNiven provided a great foundation for the discussion with Robert by going through global power thoughts.

----------

Copyright 2020, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC., Tudor Pickering Holt & Co Advisors LP, Tudor, Pickering, Holt & Co. Securities – Canada, ULC and their affiliates worldwide.
 
Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors.