USOU - What To Expect For Energy In 2019 In Oil Midstream Natural Gas And Downstream
By Energy Portfolio Managers Brian Kessens, Matt Sallee, and Rob Thummel
Energy stocks have kicked off 2019 in a positive way. With a new year come fourth-quarter earnings calls, which began last week, and the narrative is cautiously optimistic heading into 2019. Companies across the energy value chain are affirming a commitment to become more capital disciplined, generate free cash flow and, in many cases, buy back shares. We would highlight those as emerging themes.
Turning to OPEC, following the Dec. 7th production cut announcement, let's take a look at our supply and demand and