With baseball opening day right around the corner (April 1), we've dubbed today an "energy doubleheader!"

We started with a discussion about this year's CERAWeek conference. We were so pleased to be joined by Dr. Atul Arya, Senior Vice President and Chief Energy Strategist at IHS Markit to speak to the conference's highlights and top themes. With everything from Biden, SPACs, the Energy Transition, and the ever changing future of oil and gas on their minds, over 19,000 attendees gathered virtually for what has to have been the most fascinating CERA yet. Atul takes us behind the scenes and provides some keen insights. For additional information about the conference and summaries of panel discussions, click here.

We then segued to a presentation by TPH's subsurface technical team. We had posed this question to them - what are the five most interesting things happening in the Lower 48 today? Kirk Chatawanich (Chief Technical Officer), EJ Snikeris (Executive Director) and Erica Powell (Director) made their COBT debut to give us their views... and as you will hear, item 5 is a new energy angle on some classic oil and gas technology. Absolutely fascinating stuff.

Our TPH crew warmed up in the bullpen before we got really rolling with our guests. Mike Bradley gave a brief energy market update, Matt Portillo discussed TPH's latest report on Hydrogen (hot off the presses today!), and Colin Fenton peppered in some comments on demand and the recent crude import data from China. Chinese data always tells you something interesting!

----------

Copyright 2021, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC, Tudor, Pickering, Holt & Co. Securities – Canada, ULC, Perella Weinberg Partners LP, and their affiliates worldwide.
 
Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors. Recipients should not forward this communication to a retail investor.