Energy Prospectus

Thx for another great View. I don't know how my fellow members feel but, given your finite amount of work time, I would rather you increase your universe of oil/natgas companies than spend your time on metals, et al. For instance, Energy Transfer has been one of the most interesting, not to mention heavily traded companies in the space, yet you do not cover it. I am sure I can mention others. Just one man's opinion. Thx.

Our members have a wide range of interests. Some want me to focus on large-caps. I've been asked many time to write profiles on the super majors like Exxon/Mobil, Shell, Total, etc. Some members ask me just to focus on companies that pay dividends. Others like small- and micro-cap companies because they are looking for Home Runs.

We actually do have a lot of interest in the metal companies. We had ~70 attendees yesterday for Nouveau Monde Graphite yesterday and several attendees already own the stock. I think it is a "double" for sure and a possible "Home Run".

Most of the large-caps take more time to figure out and they already have a lot of coverage. The "hidden gems" are the small-caps that have the potential to become large-caps.

My personal experience is primarily with upstream companies, so that is where I focus most of my attention. I have a "working knowledge" of oilfield services and midstream. I would like to spend more time on the midstream companies that pay rock solid dividends, but my top priorities are (a) the Sweet 16 and (b) the Small-Cap Growth Portfolio companies.

I started bringing in metal companies to fill gaps in the luncheons schedule, but I am very interested in the metals that are critical to the power storage / rechargeable batteries industry, a niche that I believe has significant upside. Lithium, Cobalt, Copper and Graphite are commodities that have HUGE upside if half of what we hear about the growth of electric vehicles comes true.

Energy Transfer is a rock solid company with a lot of coverage. Go here: https://energytransfer.com/ Take time to go through their most recent presentation, which is at the link on the bottom of the website. I will spend some time on it this week.

Thx for the consideration. I have followed metal companies for quite some time, and they are beset by organic and existential influences that make even the most knowledgeable analysts wrong quite often. Therefore, I stopped following them, and certainly stopped buying them. Just sayin'...

I worked with a great guy from Bohemia which is somewhere in Getmany, I think
He bought two new Corrolas years back for a bargain price and shipped one to his brother.
He gave me the low down on what actually happens in Europe.
Your auto insurance is based on the size of the engine and anything over about 1.8 liters just gets killed.
Double your engine, double your insurance, as I recall.
This is how they force people into puddle jumpers.
Therefore, I think it’s likely the govts. there will eventually and sooner than later force the people into EVs and hybrids.
For another thing, Europe is not like Texas where you can spend three days driving across it.
If they had a super hwy you could drive across the whole continent in one day, but that’s probably a stretch.
Anyway, they don’t need cars that need to go a 970 miles in a day the way I used to travel from Seattle to San Jose State College.
Many people I’ve known here will drive straight to Los Angelos and not think a thing of it.
These people are not going to want EVs.
In fact, foreigners like travel to the US just to feel the wide open spaces.