Super-Spiked Videopods (EP23): Where Are We In The Cycle

[@martytayman9138]

Outstanding. Thank you very much. Enjoy the gala!

[@super-spiked]

Thank you Marty!

[@sarafsr]

The ROCE figure is interesting...even more is the extended runway discussion. Can you elaborate by what you mean companies need to do differently to maintain returns?

[@ch2305]

Just great content. Thanks for sharing your wealth of experience

[@super-spiked]

Thank you very much

[@PicksfromMyPeloton]

Arjun, thanks for sharing the great content and your insight. Definitely food for thought. I am still in the camp that the majority of the world will need oil/gas for at least the next 25 years and therefore there is still money to be made in oil/gas. EV transition will take much longer than anticipated. That said, I am concerned that many fund managers will steer clear of oil/gas in their holdings due to political pressure/noise. Therefore, weightings will not increase in spite of the much better balance sheets of the top US companies eg. CVX, DVN, PXD etc… However, pipeline companies like EPD will generate overall total returns of 8-10% like clockwork due to their view of self funding and the need to return capital as a MLP. Have a good weekend.

[@super-spiked]

Thank you Steve for your comment. I believe if the sector generates competitive returns and dividends, investors will come back...but I hear you...

[@davidmoorman7052]

Very good prospective that make me ponder my own assumptions and moves in my personal portfolio of energy. I always look forward to your insight.

[@super-spiked]

thank you very much David.

[@PauliusB100]

Thanks. with regards to ideology: the ideology will be very quickly changed by legislature, as soon as light goes out... or triple in price.

[@sailorbob74133]

Climate only ideology has already arrived in the US, just look at the new tailpipe emissions regulations. Thanks for your insights Arjun.

[@super-spiked]

For sure, though I'd argue it is not too late here...Europe seems way far gone...we still have hope.