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Ken
Settles

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Managing Director

Ken Settles is a Managing Director of SailingStone Capital Partners, where he is an Investment Analyst and Portfolio Manager. Prior to founding SailingStone in 2014, he was an Investment Analyst at RS people-investments and co-manager of the RS Global Natural Resource strategies.

Previously, he was a Senior Vice President at Neuberger Berman, where he was a Senior Energy Analyst and co-manager of the Neuberger Berman Premier Energy Portfolio. He started his career as a Financial Analyst at Salomon Smith Barney.

He holds a BA in Economics from Williams College and is a CFA charter holder.

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An analysis of the real-world implications of the Energy Transition with a focus on the opportunities and challenges facing capital allocators and policy makers.
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The COVID pandemic, and the response of governments and central banks around the world, have engendered an on-going debate about the outlook for inflation. Transitory or perhaps a bit stickier?
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Market conditions remain tight with inventories low, and despite higher commodity prices, supply responses have been limited, leading to a constructive outlook for most major commodities, while the Energy Transition presents both inflationary pressures and significant investment opportunities in critical enabler commodities.
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Commodity markets continue to heal, as evidenced by falling inventories across most products.
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The commodity markets continue to heal, despite an extremely volatile economic and geopolitical backdrop.
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The dislocations created by COVID-19 and the subsequent global economic shutdown have scarred countries and communities around the globe.
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Each quarter, the Dallas Fed publishes a survey of U.S.E&P and oil service companies. While the data is informative, the “Comments” section is often more insightful. Amidst COVID-19 projections and calls for government intervention to “protect Americ

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