IXC News and Press, iShares Global Energy From 01/05/21

Crude oil spiked to $50 on Tuesday as Saudi Arabia and Russia made a firm agreement to maintain low oil production. Forward estimates indicate that oil stocks will likely draw for most of 2021 as demand recovers faster than supply. The expected draw on oil storage this year may li...

Costco is a great company but the valuation is becoming rather stretched. Johnson and Johnson has lagged recently but has a decent 2-year outlook. The energy space is getting interesting, for patient investors that can handle a lot of volatility. For further details see: ...

Seasonality strategy is applicable to index trackers in a lackluster economy like Japan’s. Seasonality strategy can improve returns while at the same time reduce risks. The strategy is tested on 3 energy ETFs (XLE, VDE, IXC) and found to generate remarkable results. F...

Stock markets failed to maintain an early week rally caused by positive news on a coronavirus vaccine. The second half of the week was marked by a search for direction as the S&P 500 (SP500) clung to gains. The technology-heavy Nasdaq (COMP) was stronger than the broader market. Crude oil...

Penn Virginia has reported $7.07 in earnings thus far in 2020. At $6.45/share, the company trades at a P/E of LESS than 1. Earnings beats for the last 4 quarters have been: Q3'20 (+36%), Q2'20 (+42%), Q1'20 (+44%), Q4'19 (+43%). Penn Virginia's realized oil price for Q3 was ~$48.2...

Saudi Aramco recently announced its latest earnings, highlighting that the company isn't close to paying its dividend. Saudi Arabia has a massive deficit in addition to this unaffordable dividend. This is a strong indication for oil prices. We expect Saudi Arabia to do what it can...

There are several different types of "money-printing" that often get conflated into one. QE to recapitalize a banking system is very different than QE to finance fiscal deficits, as it relates to its impact on the broad money supply. A deep dive into some of the mechanics of monet...

Horizon Kinetics LLC, founded in 1994, is an independently owned and operated investment adviser. With a long-term absolute return mindset, and based on first-hand research, our portfolios tend to be concentrated and avoid tracking or mimicking any benchmark or index. There is no end ...

The IXC ETF invests in a basket of global energy stocks, including foreign companies. The sector has been pressured this year, given the collapse in the price of oil, although we see value at the current level with an improving outlook. The fund yields 6.6%, and we are bullish on ...

The absolute highest-quality energy companies are interesting at bombed-out levels here. Enterprise Products Partners, EOG Resources, and Lukoil are some of the more interesting picks in my opinion. Fundamentals and technicals appear to align for a decent opportunity, if risks are...