Subscriber Launch of HTM Energy
Good afternoon to all paying subscribers — today we are incredibly pleased to announce the initial transition from Substack, to a more significant research offering.
WTI Realist’s Newsletter
How I think about the energy markets, with a healthy dose of realism.
Dormant Last read · last published · next check
Read 10 days ago and current, but nothing has been published for 3 years.
Latest posts
Draws & Deals — Week №31 Review
Welcome to the weekly, a regular update on inventories, themes, and factors we are watching, in the physical, paper, and equity markets — and what a fun little week it was in Calgary — we got a big asset transaction, a new public player, a huge crude draw — and the weather was nice the entire time.
Back From Break
Both the blog, and crude oil
Win, Lose, or Draw?
Our second half inventory math
2H23: Not Out of the Woods
16 things I'm thinking about
"Comp"rehensive Analysis
When FCF yield isn't enough
Tenaz Energy: Out of Control
Tenaz has gotten themselves into an interesting situation, I believe — the factors that would see the business increasing in value, at this point, are entirely out of management’s control.
OPEC Pre-Meeting
There is a lot of discussion about what may happen tomorrow, and what OPEC decides to do with their production quotas — cut, or maintain.
The PubCo Incentive
Misaligned motivations destroy shareholder value
Rig Realism
The US doesn't matter anymore