4Q17 TwinLine Funds Commentary
Background New technologies have unlocked oil and natural gas sources which we believe offer US companies a lasting competitive advantage in the global market. The BP Capital TwinLine Energy Fund invests in companies across the full spectrum of the energy...
OPEC Extends, Near-Term Overhang Removed
We were not particularly surprised by OPEC’s decision to prolong its current policy of production cuts through the end of 2018. Rhetoric from all sides (most importantly Saudi Arabia and Russia) leading up to yesterday’s meeting was highly suggestive of the nine-month...3Q17 TwinLine Funds Commentary
Background New technologies have unlocked oil and natural gas sources which we believe offer US companies a lasting competitive advantage in the global market. The BP Capital TwinLine Energy Fund invests in companies across the full spectrum of the energy...
Could APC’s Share Buyback Signal an Energy Inflection Point?
Share repurchase announcements are commonplace throughout the market and are usually met with mildly-positive investor reception, as Wall Street typically views them as a proactive and opportunistic use of a company’s free cash flow. However, for energy today, the...