Tortoise Capital QuickTake Podcasts

What Moved Energy Markets in May - 06.03.2026

Episode Summary

This week, Brian Kessens, Senior Portfolio Manager at Tortoise Capital, breaks down five of the biggest questions he's hearing from clients and discussing internally. From what drove energy markets in May (and what didn't) to earnings season insights, oil market developments, AI-driven power demand, and key themes to watch this summer, Brian recaps the month of May in energy.

Episode Notes

From what drove energy markets in May (and what didn't) to earnings season insights, oil market developments, AI-driven power demand, and key themes to watch this summer, Brian recaps the month of May in energy. 

Here's what you'll learn:

• How energy performed in May: Why easing geopolitical tensions and lower oil prices weighed on energy stocks despite the sector’s strong year-to-date performance.
• What earnings season revealed: How capital discipline, LNG exports, refining margins, and utility investment continue to support long-term energy fundamentals.
• What to watch in oil markets: The latest on U.S.-Iran negotiations, global crude supply flows, and the factors helping keep oil prices relatively stable.
• Why NextEra’s acquisition matters: How growing AI-driven electricity demand is fueling utility consolidation and accelerating power infrastructure investment.
• What could shape the summer outlook: Key developments to watch across geopolitics, LNG exports, natural gas demand, and energy infrastructure growth.

Watch it now to help keep you and your clients on top of current events.

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