Here&#x27;s what you&#x27;ll learn: Why the S&amp;P 500 remained relatively flat in July and how the broader energy sector performed Why crude oil prices aren&#x27;t higher after the Iran conflict hit its sixth month and flows through the Strait of Hormuz continually standstill How pipeline earning are beginning to shake out and a few initial takeaways What Williams sold 49% of their Power Innovation project portfolio for and our long-term read on what that could mean Why capital allocation into energy and utilities remains strong and what that all means for portfolios moving forward Watch it now to help keep you and your clients on top of current events. Fan of the show? Make sure to like

What Moved and What Stayed the Same for Energy Markets in Q2 (August 5)

Tortoise Capital QuickTake Podcasts

Energy powers every aspect of modern life, from homes to industries to global economies. Investing in energy means supporting the essential systems behind growing global demand, while striving to provide investors with a high level of income. Tune in as our team discusses why global energy consumption continues to rise, what the opportunities are for investors, and how emerging systems are powering today and tomorrow. At Tortoise Capital, we are powering portfolios with investment strategies that span the entire energy value chain system and are built

for what's next. From our studios in Overland Park, Kansas, this is the Energy QuickTake in 10. Hi, I'm Brian Kessens, the Senior Portfolio Manager with Tortoise Capital, and we're here for another QuickTake Podcast. This podcast, we're going to cover generally what happened in the energy value chain in the month of July. And I think the best way to do that is we get a lot of questions from different clients, a lot of inbounds, and these are kind of the top four questions that we got

over the over the month. So let's start there. The first question, the S&P 500 was relatively flat in July. With the conflict with Iran not going away, how did crude oil and the broader energy sector perform? Great question. Yeah, the broader market was flat, but energy was not the case whatsoever. If we look at crude oil, which is probably the bigger driver of the energy value chain during the

month, crude oil increased from $70 per barrel to $85 per barrel, up about 20, a little over 20%, 20%. What drove that? No surprise. If you remember back in June, we had entered a ceasefire, and then in mid-July, essentially that ceasefire fell apart, and we saw crude oil prices spike pretty...

What Moved and What Stayed the Same for Energy Markets in Q2 (August 5)

Read the full transcript

The candid version is on a podcast,
not the earnings call.

What Moved and What Stayed the Same for Energy Markets in Q2 (August 5)

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.