Tortoise QuickTake Podcasts

Energy Podcast: Outlook for energy remains sunny while other sectors clouded with uncertainty

As 1Q earnings season kicks off, the energy sector is expected to deliver rising earnings and higher cash flow some of which will be returned to investors via dividend increases.
High commodity prices are partially linked to low domestic as well as global inventories. The chart below highlights U.S. inventory levels for coal, natural gas, and oil as a percentage of normal for this time of year.
Producer price index (PPI) numbers were released for March 2022 indicating an annual increase in PPI of 11%. Pipeline transportation rates for regulated liquids oil and refined product pipelines can be increased by 8.7% in July of 2022 related to the PPI increase in 2021.