Tag: Bloomberg

U.S. Oil Drops Below $2 Per Barrel

Dan Pickering talks with David Westin about historically low oil prices and what can be done about this supply and demand problem.

Sound On: Market Plunge, Coronavirus Impact, 2020 (Bloomberg Podcast)

Bloomberg Chief Washington Correspondent Kevin Cirilli delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Kevin talked to Kriti Gupta, Bloomberg Markets Live team reporter about today’s market plunge and Dan Pickering, Founder and Chief Investment Officer…
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Oil Tumbles As Price War Erupts (Bloomberg)

Dan Pickering joins Vonnie Quinn on Bloomberg on March 9, 2020 to share how critical it is that the US energy market embrace a Value Over Volume approach following the failed OPEC-Russia deal and sudden drop in oil prices.

Shale Drillers Are Staring Down Barrel at Worst Oil Bust Yet (Bloomberg)

America’s shale drillers have never faced an oil bust quite like this.The split between Russia and its one-time OPEC allies last week has ignited an all-out price war. […] Read More

Conoco “Looks Cheap”, Opportunities in Permian E&Ps (Bloomberg)

Pickering Energy Partners founder and CIO Dan Pickering talks with Bloomberg’s Alix Steel on “Bloomberg Commodities Edge”. Pickering likes Permian oil explorers such as EOG Resources, Diamondback Energy and Parsley Energy as a shift toward capital discipline entices investors. He also called ConocoPhillips “cheap” right now “with a lot of free cash”.

Good Time to Be Putting Money to Work in Energy (Bloomberg)

Dan Pickering, the founder and CIO of Pickering Energy Partners, talks with Bloomberg’s Alix Steel about this week’s announcement that Perella Weinberg Partners LP’s asset manager spun off a business overseeing $700 million of energy funds run by Pickering. Watch the clip on Bloomberg.

Companies Look ‘Attractive’ at $50 Oil (Bloomberg)

Oil slumped as OPEC and its allies urged members to adhere to pledged production cuts and the International Energy Agency highlighted the difficulty the group faces in balancing the market. Oil has fallen more than 16% from its April peak as the prolonged U.S.-China trade spat has dented the outlook for global demand. Bloomberg’s Alix…
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