Energy Prospectus

Should someone make a run at Callon (CPE). Incredibility cheap

We have CLR in play.
I think something happens with OXY.
Who is cheap enough to buy if you are an upstream company?
Would Team Biden approve?

Should consolidation happen with smaller Permian players?

https://www.youtube.com/watch?v=jdCPh7bYoqw

I think we will see someone step up to raise the bid on CLR.

I think we will see more private companies get rolled up. Examples are Earthstone's strategy, CDEV (which is being added to our Small-Cap Growth Portfolio) and what created STR.