Energy

Report by Your Weekend Reading

Global LNG markets had been bracing for a wave of new supply led by Qatar, but that assumption is now in question. Qatar isn’t adding 32 MTPA - it’s effectively losing 12, tightening supply from a key swing supplier. More importantly, the disruption shifts the market from a cost-driven framework to one increasingly defined by security of supply. Reliability, not price, is becoming the dominant variable in long-term contracting. This reinforces the case for energy diversification and challenges expectations of a rapid decline in coal demand. The real beneficiaries are US LNG exporters, which gain pricing power, contract optionality and greater exposure to spot markets, with US capacity effectively de-risked. While market attention remains focused on oil, the more durable opportunity lies in a structural bull case for US LNG infrastructure. Highlighted names include Cheniere, Venture Global and NextDecade.

Energy

Report by Cmind

Cmind is rolling out 4Q22 earnings beats / misses predictions at both the sector level and company level. In the Energy sector, they have made predictions for 182 US public companies. Breaking down to cap level, there are 34 large-cap (28 predicted to beat vs. 6 predicted to miss), 37 mid-cap (20 beats vs. 17 misses) and 111 small-cap ( 52 beats vs. 59 misses) companies. Overall, the energy sector is predicted to outperform most other sectors. Stocks expected to beat: Schlumberger, Diamondback Energy, Halliburton and Plains All American Pipeline. Stocks likely to miss: Cheniere Energy, Williams Companies, Enbridge and Imperial Oil.