JHME News and Press, John Hancock Multifactor Energy From 08/24/22

Summary Equities rebounded in recent weeks as investors considered the prospects of a possible pivot by major central banks, especially after China’s central bank unexpectedly cut interest rates. Similar to Europe, core inflation and services inflation are expected to rise ...

The energy sector led during the month of July, providing almost all of the positive performance due to a strong rally in natural gas prices. The heat wave from late June into early July in the lower Midwest U.S. killed cattle, quickly reducing supply. However, both cattle and hogs ra...

ConocoPhillips generated incredibly strong cash flow in the 2Q 2022, with a near 20% FCF yield. The company is continuing to invest in its business, while maintaining its 3% dividend yield, and continued share repurchases. ConocoPhillips is continuing to improve efficiency in its ...

Long-term investors need to have a strategy they can stick with no matter what happens, a strategy that keeps them on an even keel. Investing is hard and determining your risk tolerance is far from an exact science. There are a lot of people these days who seem to want the market ...

Summit Midstream Partners continues to see its debt dwarf its market capitalization as its share price struggles to perform. The company continues to generate substantial DCF; however, it continues to struggle to pay down debt. EBITDA growth can generate stronger DCF growth given ...

The Russian war in Ukraine has had a massive impact on the European energy market, a result of which is runaway inflation across the continent. Nigeria’s substantial resource wealth and geographic proximity to Europe make it a very attractive partner for meeting the continent&#...

The so-called Inflation Reduction Act is now almost a fact. The bill includes a 1% non-deductible excise tax on stock buybacks. Marathon Oil has been returning cash to its shareholders mainly via buybacks; one may reasonably expect the buybacks to slow down. My view is the opp...

Vanguard Energy ETF is a broad bet on the crucial role of oil and gas in global energy supply. Renewable energy supply is increasing with decreasing costs and plans for increased capacity. Global demand for energy from all sources is also growing. So far, renewable energy has not ...

Elevated inflation, slowing global economic growth expectations, and reduced central bank liquidity remain the key economic considerations. The policy interest rate divergence between the U.S. and Europe is likely to increase amid heightened recession risk in Europe. We expect mar...

Two economic reports from last week, attempting to measure essentially the same thing, reported results that were so different they could be about two different countries. The rising rate, rising dollar environment is intact. The 10 year Treasury rate is in a short-term downtrend but ...