Insights and Commentary

Pickering Energy Partners is committed to serving as a key source for your energy news across the industry, providing you with up-to-date insights and market commentary on a regular basis.


“December was a decent month, but all we can think about is GOOD RIDDANCE TO 2020. The energy sector held its strong November gains, with December seeing Diversified Energy +4.6% (S&P1500 Energy, S15ENRS), and strong rallies from Oilfield Services +11.7% (OIH) and E&P +8.2% (XOP), with Midstream also gaining +2.5% (AMZ). The S&P500 gained +3.7%, with WTI closing up a nice +7.0% at ~$48.52/bbl. Front month Henry Hub natural gas fell -11.9% to finish the year at $2.54/mcf.
The end of the year is always a good time to take a deep breath, reflect and think about the future. 2020 literally had plagues and (market share) wars, which occurred on the back of a five-year cyclical downturn. Unprecedented demand contraction and soft (and at times negative) oil prices broke the back of the energy sector. Investors fled, selling equities almost regardless of price or value. ESG considerations accelerated the exodus….”

To read the all of the insights from Dan’s most recent monthly commentary on the energy market, please fill out the form below.


To read more from Dan Pickering on the Value Over Volume approach and how today’s economy impacts the energy industry, please fill out the form below.

Follow Dan on Twitter for more commentary and to stay up-to-date on what’s happening in the industry.