Joshua Aguilar

Our update on select stocks from the energy sector.

Despite a 33% dividend increase, this stock still trades 21% below fair value.

Brookfield’s proceeds from asset sales should allow it to recycle and deploy more capital at attractive returns.

We’re confident there will be long-term reverberations leading to a structurally weaker OPEC.

Our update on select stocks from the Energy sector.

Morningstar’s update on select US stocks from the Energy sector.

We think a limited US strike is the likeliest outcome, which would mean no impact on global physical flows.

Markets likely priced in Venezuelan supply disruption, and OPEC+ actions and seasonal demand weakness set up a supply glut.

We continue to model modest value creation with the Plains NGL acquisition.

Exxon and SLB are some of our favorite names.

Berkshire Hathaway expects to maintain its sizable stake in this company for the long term—and the stock looks like a bargain today.

We lower our fair value estimates for the stocks by 3%-6%.

Weaker economic outlook resulting from tariffs is a negative for oil prices.

While oil oversupply risks continue, the setup for gas looks better in 2025.