#hottakeoftheday

David interviews Mark Rossano, a longtime financial industry veteran and renowned expert on global financial markets and supply chain analysis. As Founder and CEO of C6 Capital Holdings LLC., he provides investment and consulting services to clients across multiple sectors with a pronounced focus on global product flows.

Mark’s deep-dive supply chain expertise is in high demand –  he serves as a consulting executive to several international businesses, is an equity partner in several others, and – following on several years as Bloomberg’s Energy Industry Analyst – is now a frequent contributor to Bloomberg TV.

That expertise and deep-dive knowledge was crafted over a long period of time across a variety of more recent roles ranging from Senior Energy Analyst and Macro-Economist positions at Elevation, Candlewood Investment Group, and South Ferry Capital Management, to his formative experiences as a Portfolio Manager at FNY Capital and Morgan Stanley Investment Management, where he managed an eight-person team focused on developing a global trade platform to invest in rates, foreign exchange, commodities, and equities.

Mark received his bachelor's degree in economics from Loyola College and his MBA in Finance from Syracuse University’s Whitman School of Management. During that time, he was a founding member of Syracuse's Net Impact organization - an international nonprofit that focuses on building businesses with socially and environmentally sustainable processes.

Show Notes:

00:00 – 06:30: Mark Rossano – Intro, Coronavirus, Supply & Demand Shock, OPEC, Russia, and Saudi

06:30 – 11:00: The Weaponization of Oil, OPEC member compliance

11:00 – 16:00: Coronavirus revisited, Not body bags; supportive care, Ventilators & beds

16:00 – 31:00: Demand revisited, Saudi, Russia, and who will blink first?, US E&P’s, Storage & SPR

31:00 – 51:00: Repo Market & Fed moves, Future of energy industry, Impact of politics

51:00 – 65:00: Industry Consolidation, Natural Gas Supply chain dynamics

Episode 24 is up, and is a companion episode to the past few blog posts Manic Monday & Why the World Changed, Russia, Saudi Arabia, and why the world can’t absorb more oil production, especially as the coronavirus reaction is shutting down country after country.

Show Notes:

0:00 – 07:00: XFL, Coronavirus

07:00 – 26:30: Market Activity, Supply & Demand, Russia, OPEC, Saudi Arabia, Rosneft, Venezuela, MBS, EIA

26:30 – 56:00: Next Steps, Flaring Regulations, Gas Tax, Executive Compensation

Show Notes:

0:00 – 04:30: OPEC, Supply & Demand, Russia

04:30 – 08:00: US Shale, Equity & Debt, Crisis of Balance Sheets, Crisis of Low Commodity Prices

08:00 – 13:30: Coronavirus, Economic Impacts

13:30 – 17:30: OXY, Cramer, Coronavirus, revisited

https://youtu.be/vPHnsqyn-Ys

Jigar Shah, the President and co- founder of Generate Capital and co-host of the podcast “The Energy Gang” joined me on the hottakeoftheday podcast to talk all things energy. Jigar worked with BP, founded SunEdison in 2003, and has been at the forefront of renewables, energy policy and innovation since 1997.

We talk wind.  Solar.  Nuclear power.  Nuclear advocacy. Why rare earth minerals aren’t rare.  Electricity prices in Germany and California.  The future of oil and gas and the talent in oil and gas companies and answer – why is the fossil fuel industry in the US so unloved…. The answer both will but mostly won’t surprise you.

I’m always excited about “the best episode ever” but this one is pretty worth the listen.

0:00 – 05:00 - Jigar Shah – Intro & background

05:00 – 09:00 - Alternative energy – Wind & Solar, Deployment-led innovation, Advanced Energy Economy

09:00 – 12:00 - BP & Alternatives strategy

12:00 – 17:00 - Levelized cost of energy, Subsidies

17:00 – 29:00 - Nuclear energy, Renewable collaboration with oil & gas

29:00 – 37:00 - Renewable examples – California & Germany, Batteries, Mining & Rare Earth Minerals, Oil & Gas Industry & Renewables

37:00 – 40:00 - US role & relationship with China

Jigar Shah Bio:

Jigar Shah is the president and co-founder of Generate. Prior to co-founding Generate, Jigar pioneered “no-money-down solar” as the founder and chief executive officer of SunEdison, which unlocked a multibillion-dollar solar market and made SunEdison the largest solar services company worldwide before its acquisition by MEMC. After SunEdison, Jigar served as the founding CEO of the Carbon War Room, a global nonprofit founded by Sir Richard Branson and Virgin Unite to help entrepreneurs address climate change. Jigar is the author of Creating Climate Wealth: Unlocking the Impact Economy. His decades of business-model innovation and entrepreneurship in renewable energy prove that sustainability pays. Jigar holds an MBA from the University of Maryland and a BS in Mechanical Engineering from the University of Illinois at Urbana-Champaign.

For episode 21, David is joined by Kathryn Mills, host of the excellent oil & gas podcast "The Crude Audacity"

Show notes breakdown of this #hottakeover-your-commute

0:00 – 06:00:

Last

week’s market performance

Coronavirus in San Antonio

Mortality

rates

Media &

market overreaction

06:00 – 11:00

EOG – strategy – execution

11:00 – 14:30

Apache earnings

Management decisions

14:30 – 17:30

BP – ESG leadership & focus

17:30 – 21:00

EIA 914 report Peak US oil production

Thoughts on the episode? Please let me know by sharing in the comments below!

Related Mentions:

CoronavirusSaturday Night LiveEOGMark PapaSchlumbergerApache CorpBP

Today DRW offers a calm, cool, rational special edition podcast to get you through earnings, coronavirus, and the remainder of the week.

Thoughts on the episode? Please let me know by sharing in the comments below!

Related Mentions:

CoronavirusMalaria Mortality RatesUS Influenza Mortality RatesMicrosoftUnited AirlinesJP MorganPayPalNikeUnder ArmourCrisis of Balance SheetsContinental ResourcesAEGIS Energy RiskAntero ResourcesOccidental PetroleumExxonChevron

With the volatility in today's commodity price market environment, what better time to discuss financial hedging strategies than now with the experts at AEGIS Energy Risk, Matt Marshall and Rob Via.

Supplemental to this podcast, you can also find Matt's February Market update video, complete with charts, graphs and highlights here.

Thoughts on the episode? Please let me know by sharing in the comments below!

Related Mentions:

AEGIS Energy RiskCoronavirusOPECRussia - Vladimir PutinSaudi AramcoExxonAntero ResourcesApacheEIALibyan ProductionCentennial Resource Dev

We talk fashion (because really, who better to talk fashion than a guy with gold tipped slippers), production growth (and why companies keep announcing they are growing), motivations behind movements and why if you are anti-frac, you are anti-American.

DRW Shoe collection (mom, you jealous?)

Highlights (can we call it that?) from quarterly earnings this week:

ECA: strong hedge book, growing oil 4%

XEC: 6-13% oil growth

PXD: 10% growth in oil from 220 mbo/d to 235-245 mbo/d

SM: oil growth of 5-10% on capex down 20%

Parsley: closed Jagged post end-of-year so looks flattish comp-wise (yay!... someone understands supply demand)

Concho: 10-12% oil growth on capex down 10%.... we talk about their SMOG from the 10-K.  9,583 MM; debt of 3,955 MM…. 202 mm shares outstanding…. I’ll let you do the math.

Diamondback: 187 mbo/d this year to 210 midpoint next year, 12% growth….

Next time someone tells you they are anti-frac, don’t engage in a policy debate that they can’t understand anyway (casing, cement, gauges, containment, depths of zone vs. drinking water, energy poverty, and an actual article describing the consequences -see Forbes, The Arithmetic of Fracking), just say- “I get it…. you are anti-frac because you are anti-America….”

Thoughts on the episode? Please let me know by sharing in the comments below! Like the episode? Post a review. Got a question for a future episode? Send an email.

Related Mentions:

SMOGGoogle

Lindsey Buck, DRW, & Eric Marshall

Today, in the first “Voices of oil and gas” podcast, I am joined by Lindsey Buck and Eric Marshall, both of GEODynamics and we start by having Lindsey tell HER side of the story we told on the first podcast about the person who came into the creepy basement on a sales call.  We talk women in energy, the impact of oil and gas in the community, non profits and what their view of the next 5 years is.  Take off your shoes and get comfortable.

Thoughts on the episode? Please let me know by sharing in the comments below!