Pickering Energy Partners

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[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy spoke with PBS @NewsHour about the impact of Middle East conflict on global energy markets. He discussed the Strait of Hormuz situation, where tanker traffic has slowed dramatically with about 15 percent of global oil supply currently trapped behind the strait.

Dan noted that while oil prices rallied 7%, Qatar's LNG exports remain blocked as 20% of global LNG supply flows through the strait. He expects the situation to ease within the next 10 days and noted that U.S. consumers should remain relatively insulated due to domestic production capabilities unless the conflict escalates further.

Watch here: https://t.co/czCYVNbTlM

#PEP #PickeringEnergyPartners #Iran #investmentbanking #financialservices #energy #oil #oilprice #oilsupply

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 13 is out now.
More than 100 days into the disruption, oil markets continue to adapt. Dan and Josh discuss inventory drawdowns and operational minimum levels.
Watch here: https://t.co/7FQeL8nVuQ
#PEP #energymarkets #oil

[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy in @IBDinvestors on the Iran War's impact on oil markets. He discusses Strait of Hormuz structural shifts, global inventory pressure, and the disconnect between markets and physical reality.
Watch here: https://t.co/74oUFM09hi
#PEP #oil

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 12 of The Iran Energy Brief is out now.
@Pickeringenergy and Josh break down the resilience of the 2027 crude strip, tightening inventory dynamics, what it would actually take to accelerate U.S. production growth.
Watch Ep. 12: https://t.co/qDc70TU0Tp

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 11 of The Iran Energy Brief is out now.
Markets search for clarity, but physical markets keep tightening. @pickeringenergy and Josh discuss conflicting headlines and why the back end of the oil curve grinds higher amid investor fatigue.
Watch: https://t.co/2Avg8mO6Gp

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 10 of The Iran Energy Brief is out now.

@pickeringenergy and Josh explore the disconnect between headlines and reality. Physical markets tighten as inventory drawdowns accelerate.

Watch: https://t.co/9XF9jdKl0H

#PEP #oil

[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy joined Barron's Energy Roundtable discussing the Iran conflict's market implications. He highlighted excessive complacency about the supply shock and shared investment ideas: Vista Energy, Crescent Energy, and Halliburton.

Read: https://t.co/csc6sTONga
#PEP

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 9 of The Iran Energy Brief is out now.

The conflict drags on, but markets assume resolution comes before real pain. Dan and Josh discuss the disconnect between physical tightening and investor psychology.

Watch: https://t.co/pMEqnsCTrW #PEP #oil

[Pickering Energy Partners @PEP_EnergyBrain]

Argentina Deep Dive: Macro Wrap

Fiscal surplus of 1.5% GDP achieved, inflation down to ~32%. Energy exports could quadruple to nearly $50B by 2030. Growing energy importance should maintain investor-friendly environment. Vaca Muerta is world-class, early innings.#PEP #VacaMuerta

[Pickering Energy Partners @PEP_EnergyBrain]

Argentina Deep Dive: The Real Constraints

The Vaca Muerta constraint isn't geology, it's capital and infrastructure. Local operators near balance-sheet limits, driving farm-outs and foreign investment. Major projects like VMOS for crude and Argentina LNG for gas are critical.

[Pickering Energy Partners @PEP_EnergyBrain]

Argentina Deep Dive: Pathways to Value

Well costs are higher than U.S. basins, but improving through service competition and scale. Neuquén province launches a 15-block concession sale in August, predominantly in dry gas and northern hub. An optimal foreign investor entry point.

[Pickering Energy Partners @PEP_EnergyBrain]

Argentina Deep Dive: We hosted a conference in Buenos Aires on the Vaca Muerta. First insight: Operators are bullish. The basin has grown from ~100 Mbo/d in 2021 to ~600 Mbo/d today, with potential to reach 1 MMbo/d by 2030. Yet only ~3,000 wells drilled to date.
#PEP #Argentina

[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy and Josh Martin discuss the U.S.-Iran framework and demand dynamics. The conversation shifts to what happens after Hormuz reopens and how quickly supply normalizes.

Watch: https://t.co/ZuArSf64j6

#PEP #oil

[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy was quoted in @nytimes on why U.S. oil companies aren't boosting production despite high prices. Companies base decisions on long-term forecasts, not spot prices. Wall Street prefers budget discipline over chasing production.
Read:https://t.co/e9pG3kH3DU

#PEP

[Pickering Energy Partners @PEP_EnergyBrain]

We're hiring an Upstream Investment Banking Associate in Houston. Early responsibility, direct work with senior leadership, and involvement across M&A, equity capital markets, and capital raises in energy.

Apply: https://t.co/vc2ukFEK7b

#PEP #hiring #energy

[Pickering Energy Partners @PEP_EnergyBrain]

Josh Martin was quoted in @WSJ from The Iran Energy Brief podcast. He noted surprise at stock market strength despite Hormuz remaining closed. Markets may be underestimating the blockade's economic drag.

Read: https://t.co/RNO7WyZSRL

Watch: https://t.co/Oef5qlab78
#PEP

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 6 is out now.
@pickeringenergy and Josh Martin discuss the gap between market sentiment and reality. While negotiations progress, Hormuz remains closed. The physical system tightens in real time. 2027–2028 outlook stays constructive.

Watch: https://t.co/3PTnwyeLQf
#oil

[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy spoke with @CNBC about oil markets. The market remains headline-driven and equity markets may be too complacent about supply normalization timelines. U.S. producers stay disciplined, focusing on forward prices not short-term volatility.

https://t.co/FFqH9V63bo

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 5 is out now.

@pickeringenergy and Josh Martin explore why improving sentiment doesn't match physical reality. Ceasefire negotiations create progress, but meaningful volumes still aren't flowing through the Strait of Hormuz.

Watch: https://t.co/1addhORvrz

#PEP #oil

[Pickering Energy Partners @PEP_EnergyBrain]

@pickeringenergy spoke with @CNBC about the ceasefire and oil outlook. Iran is loathe to give up leverage on Hormuz. Until loaded ships move out and empty ships move in, any solution remains temporary.

Watch: https://t.co/F7kV3WBjaN

#PEP #oil

[Pickering Energy Partners @PEP_EnergyBrain]

Episode 4 of The Iran Energy Brief is out now.

@pickeringenergy and Josh Martin discuss the ceasefire and Strait of Hormuz while breaking down the disconnect between short-term price moves and longer-term oil curve signals.

Watch: https://t.co/mjF0h1gzo7

#PEP #oil