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Ways To Play The Rise In Crude With Oil Stocks: FANG, EOG, DVN, CVX - YouTube
Channel: TD Ameritrade Network
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let's talk some stock pinks with
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victoria greene back with us founding
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partner and portfolio manager at
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g-square private wealth victoria welcome
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back to the show you've got energy
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stocks
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several of them in the list of companies
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you like right now and you call them
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aggressive plays
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okay tell us why
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yeah so some of the the stocks i'm
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talking about i consider them more
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aggressive because they're exploration
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and production emp stocks and they're a
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little bit on the smaller side but as
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you're looking at this commodity uh
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increase right now and where oil prices
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and natural gas prices are headed i
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think there's a lot of upward pressure
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and oil and at least it's not about to
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fall apart
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so we're looking at names like devon
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devon eog diamondback
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and we're looking at them if you want a
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lot of exposure to price sensitivity and
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commodities i think they're some of the
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best plays on the street right now to
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make sure you have your exposure to
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upside and oil and gas prices
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i mean look i think it's sinking in
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natural gas is going to be expensive
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this winter you know you look at what's
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happening at the uk you look at most
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forecasts we're supposed to be in about
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a million two barrel deficit in october
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and yeah opec might step back in and
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start playing a little dirty but so far
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they've been very very slow at reducing
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their supply cuts and the market is
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still an imbalance
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i really like uh the small cap enp tilt
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that you're taking here with the label
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aggressive we had a conversation with
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nick coles from datatrek yesterday whose
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favorite pick was the psce etf which is
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small caps
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energy and enp companies so he also
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labeled them as spicy was his word spicy
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trades so everybody agrees that this is
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the way you get beta basically to the
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sector and the commodity i guess purely
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right
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it's a little bit of a trend following
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momentum play right now and we look at
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this and say one delta seems to have
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peaked which is a great sign for
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everybody yes uh deaths are still high
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but it looks like the
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seven day average and the the general
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trends have hopefully peaked um delta
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coming back down is obviously great for
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economic consumption uh great for the
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world getting back to work
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and then you look at some of the uh
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supply constraints and especially what
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you're seeing in the uk and i think
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everybody's realizing hey this uh this
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upward pressure in oil prices along with
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the general commodities market is not
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going away anytime soon and sure we're
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watching other factors a strong dollar
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isn't fantastic for oil and commodities
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but you know that trend may roll over a
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little bit and we're also uh making sure
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that we we stay aware of what's
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happening in politics you know we're
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going to see a lot happen over the next
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30 days
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but i think surely if you look at this
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trend and say hey we're in a bit of an
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upward momentum uh the the smaller and
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the higher beta is a great way to short
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term play it you just have to be aware
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of if the trend flips um you might get a
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little burned
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what's the uh washington
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read through for energy companies in
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particular what do you think they need
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as part of this bull thesis or can they
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just kind of ride on their own with this
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inflationary crude momentum how
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important is the dc side in terms of new
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incremental
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catalyst
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sure so
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historically energy is a great inflation
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offset energy encyclicals are a great
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place to be and value tends to be the
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best place to be during inflationary
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periods but the things we're watching is
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one the new tax plan uh there are some
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sections in that that kind of target the
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energy industry and we and it's still
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being hashed out the sausage is still
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being made yes the ways and means
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committee came out with some proposals
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but we all know it's not really all said
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and done until the president's signature
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is on the dotted line so i do think
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we'll see some changes but there's
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potential for taxation changes on energy
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companies and a couple other different
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sectors you're seeing the lobbyists uh
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earn their their earn their keep this uh
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this month as they try to protect their
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interest and then we also look at what
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may happen with the ev credits and and
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how they're um subsidizing that uh
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obviously if the 3.5 comes through and
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they're substantial for the electric
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vehicle market that puts a little bit of
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long-term pressure on energy but i'll
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remind everybody that is a slow trend
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we're at about a two percent ev
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market share if you look around our
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current automotive industry um the
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highest is europe at 10 and it's taking
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them a while to get there china's about
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five percent adoption we're two percent
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so some of the ev pressure i think you
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have to realize that is a long-term play
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on the potential pressures to oil and
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gas which is one reason i think you're
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seeing the prices rally is there's this
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realization ev is coming but it's it's a
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long way off yeah
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not enough right now to
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thin the lines at the gas stations at
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two percent gonna cut it for people who
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got to be on the move right now
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definitely a wake up that this is still
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a gas guzzling world victoria thanks for
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the take here on the energy companies
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really like it aggressive for the small
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cap
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enps thank you
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not a problem all right victoria green
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founding partner and portfolio manager
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at g-square private
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you
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