Sector Update

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

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