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Energy Sector Update: OPEC, The Global Market, and U.S. Oil Production

2024-01-05T11:31:18-08:00

Energy Sector Update: OPEC, The Global Market, and U.S. Oil Production Dryden Pence, chief investment officer with Pence Capital discusses how OPEC has lost its grip on the global energy market. He also shares that American Oil production is at record levels. (Source:  Schwab Network) 01/02/2024 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief [...]

Energy Sector Update: OPEC, The Global Market, and U.S. Oil Production2024-01-05T11:31:18-08:00

Markets Likely to Shrug Off Israel-Hamas Conflict Unless It Spreads

2023-10-11T12:56:32-07:00

Markets Likely to Shrug Off Israel-Hamas Conflict Unless It Spreads Dryden Pence, Chief Investment Officer at Pence Capital, discusses how the conflict between Israel and Hamas will affect U.S. investors and the opportunities in the Energy and Defense sectors driven by demand and backlogs. (Source:  Yahoo Finance) 10/10/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. [...]

Markets Likely to Shrug Off Israel-Hamas Conflict Unless It Spreads2023-10-11T12:56:32-07:00

Chevron Produces More Oil than Kuwait

2023-10-03T12:38:55-07:00

Chevron Produces More Oil than Kuwait Dryden Pence, Chief Investment Officer at Pence Capital, says the dominance of Exxon Mobil and Chevron can make them a good long-term choice. He also believes the pullback and volatility is an opportunity to enter the market. (Source:  Schwab Network) 10/02/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s [...]

Chevron Produces More Oil than Kuwait2023-10-03T12:38:55-07:00

CRUDE OIL DEMAND TO REMAIN HIGH

2023-08-28T10:22:51-07:00

Crude Oil Demand to Remain High Pence Capital Management Chief Investment Officer Dryden Pence says oil demand will remain high even with supply constraints, which will be supportive of higher pricing.  Source: Fox Business  Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a [...]

CRUDE OIL DEMAND TO REMAIN HIGH2023-08-28T10:22:51-07:00

EXXON MORE PROFITABLE THAN IT WAS IN 2021

2023-08-28T10:22:42-07:00

Exxon More Profitable Than It Was in 2021 Pence Capital Management Chief Investment Officer Dryden Pence says he likes Exxon and that “at 3.7 million barrels a day, they are actually a larger producer of oil than Iran”.  Source: Fox Business Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer [...]

EXXON MORE PROFITABLE THAN IT WAS IN 20212023-08-28T10:22:42-07:00

Oil Stocks Look Promising

2023-08-10T10:56:43-07:00

Oil Stocks Look Promising Pence Capital Management Chief Investment Officer Dryden Pence says he likes oil stocks as he believes crude prices are heading higher. Source: Reuters 08/08/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a registered representative with and securities and advisory services offered [...]

Oil Stocks Look Promising2023-08-10T10:56:43-07:00

Exxon Mobil (XOM) Expects Record Oil Demand Through 2024

2023-08-01T10:07:20-07:00

Stock Market Shrugs Off Recession Signals as Rally Builds Dryden Pence, Chief Investment Officer at Pence Capital, provides a forecast for the oil market, highlights XOM, and how it’s significantly more profitable than it was in 2021 in a similar pricing environment. (Source: Ameritrade Network) 07/28/2023 Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment [...]

Exxon Mobil (XOM) Expects Record Oil Demand Through 20242023-08-01T10:07:20-07:00

Factors That Could Affect The Oil & Energy Market This Summer

2023-06-22T10:58:49-07:00

Factors That Could Affect The Oil & Energy Market This Summer Dryden Pence, Chief Investment Officer at Pence Capital, discusses energy trends to watch, the role of China for oil and liquid natural gas, and how energy has the best earnings yield of any sector in the index. (Source:  Ameritrade Network) 06/21/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL [...]

Factors That Could Affect The Oil & Energy Market This Summer2023-06-22T10:58:49-07:00