Who’s Made Money in Energy

[longbow51]

@ wllm When is NG going to go up? Pretty hot summer in some places. Too many rigs?

 

[Slm864]

Hope your not using VDE as a short term investment to fund hunting trips this year

 

[Deleted member 28227]

@ wllm When is NG going to go up? Pretty hot summer in some places. Too many rigs?

When the rig counts in the Haynesville/Eagleford/Marcellus drop (a lot) is my guess, they ramped up hard and there is a ton of capacity coming out there right now.

I doubt it goes up this year.

 

[Red-Team 98]

Just checking in...
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You can’t use a 6 month chart
Move your chart to Biden’ Inauguration Day !
That’s when I went bullish on VDE and XLE….bet the farm ! When he closed the pipeline.
Not a great start for 2023 but was expected. I expect a good rebound for energy later this year into next. Especially if a change in Administration is Drill baby Drill is coming for 2025.
Currently suggest dollar cost average into VDE and XLE.
Chevron and Exxon CEO said late this fall into 2024 for rebound in Energy ……and China driving the demand not US. I expect hopefully that the Keystone pipeline construction will resume in 2025 with a new administration and the boarder wall completed and secured.

 

[noharleyyet]

You can’t use a 6 month chart
Move your chart to Biden’ Inauguration Day !
That’s when I went bullish on VDE and XLE.

Which one, his last, or next?

 

[SAJ-99]

I have enjoyed selling puts on XLE on the declines. Much more reasonable to own in the 75-80 range than anything above that. Still waiting on the recession Red-Team. I guess you said it was supposed to start last week so we won't get to see any declaration until early 2024, but the real time data is still good.

You can’t use a 6 month chart

XLE is about where it was in October 2018. You don't get to cherry-pick dates. You have been screaming buy at much higher levels than here.

 

[Red-Team 98]

I have enjoyed selling puts on XLE on the declines. Much more reasonable to own in the 75-80 range than anything above that. Still waiting on the recession Red-Team. I guess you said it was supposed to start last week so we won't get to see any declaration until early 2024, but the real time data is still good.

XLE is about where it was in October 2018. You don't get to cherry-pick dates. You have been screaming buy at much higher levels than here.

That’s when I went in VDE and XLE just after Biden entered office all my dividends are reinvested. Recession has been pushed back to Fall.

 

[Deleted member 28227]

You can’t use a 6 month chart
Move your chart to Biden’ Inauguration Day !
That’s when I went bullish on VDE and XLE….bet the farm ! When he closed the pipeline.
Not a great start for 2023 but was expected. I expect a good rebound for energy later this year into next. Especially if a change in Administration is Drill baby Drill is coming for 2025.
Currently suggest dollar cost average into VDE and XLE.
Chevron and Exxon CEO said late this fall into 2024 for rebound in Energy ……and China driving the demand not US. I expect hopefully that the Keystone pipeline construction will resume in 2025 with a new administration and the boarder wall completed and secured.

I put it on the day you said buy VDE.

If you look above I stated that there was a bounce back to the status quo after the pandemic and that trajectory was not going to continue.

 

[Red-Team 98]

I am continuing to add to my position of XLE at every dividend date and very happy with returns and quarterly dividends .

 

[SAJ-99]

I am continuing to add to my position of XLE at every dividend date and very happy with returns and quarterly dividends .

I'm sure you don't care, but I thought should share a little reality. Q2 earnings are coming up and these companies are going to have a difficult time with YOY comps. Q2 2022 average oil price was $110 and nat gas was $7ish (just eye-balled it). For 2023 we are setting at $75 and $2, respectively. Q3 will be an even harder comp. As the Q2 2022 numbers roll off, the PE will go up, making these companies look a lot less cheap than they seem now. Only positive is output is up over 10%, but still these numbers are not expected to be good. I might buy the dip, but I don't want to bet on the market's reaction to the numbers. I hope it works out for you.

 

[rogerthat]

Checkout the long term returns for the coal industry. Oil and gas is a timed investment at best anymore. It will have some great intermediate returns in its future during certain time periods. That’s the best you can hope for. I’m not convinced we are entering one of those time periods. We did however just experience one. I said this before but partisan investing won’t be profitable for you @Red-Team 98

 

[Irrelevant]

You can’t use a 6 month chart
Move your chart to Biden’ Inauguration Day !
That’s when I went bullish on VDE and XLE….bet the farm ! When he closed the pipeline.
Not a great start for 2023 but was expected. I expect a good rebound for energy later this year into next. Especially if a change in Administration is Drill baby Drill is coming for 2025.
Currently suggest dollar cost average into VDE and XLE.
Chevron and Exxon CEO said late this fall into 2024 for rebound in Energy ……and China driving the demand not US. I expect hopefully that the Keystone pipeline construction will resume in 2025 with a new administration and the boarder wall completed and secured.

So just gonna throw this out.

You know, in case you were interested in making money...

 

[Red-Team 98]

So just gonna throw this out.
View attachment 283104
You know, in case you were interested in making money...

Just buy Microsoft for AI play .

 

[noharleyyet]

 

[Red-Team 98]

Great July in Energy! It’s going to be up and down till late Fall in Energy. Accumulate on any significant decline.