Pickering Energy Partners

Dan Pickering, Chief Investment Officer of Pickering Energy Partners, shared his perspective on the natural gas market. Highlighting the evolving landscape of energy demand, Pickering emphasized, "I'm watching LNG much more closely than I'm watching power." He also noted that the leaps in demand forecasts for LNG production are more clearly defined than the increasing power demand from AI data centers.

A clear shift in strategy among oil and gas companies has emerged as the COP29 Climate Summit unfolds. Industry leaders like Exxon Mobil, BP, and Shell are reevaluating their commitments to renewable energy as market dynamics reward a focus on core fossil fuel operations. While Exxon avoided wind and solar ventures, opting for hydrogen and lithium investments, its stock outpaced peers with a 70% rise since 2019. Meanwhile, BP and Shell, early adopters of renewables, have faced mixed results and are scaling back on certain green initiatives. Dan Pickering, Chief Investment Officer at Pickering Energy Partners stated, “We’re oscillating around an upward slope.” Read more at: https://heyor.ca/zx4VXE #energytransition #oilindustry #renewables #climateaction #cop29 #investmenttrends #decarbonization

Reflections on 2024: Predictions vs. Reality As we close out the year, the PEP Consulting & Advocacy team shares their latest analysis: "A Review of the Top Ten Nonfinancial Developments That We Predicted Would Impact the Global Capital Markets in 2024 – And What Actually Happened." This piece evaluates how our forecasts aligned with reality and examines the surprises that emerged, particularly within capital-intensive sectors like energy. Explore the trends that shaped 2024 and consider their implications for the future of energy investment. Read the full article here: https://lnkd.in/gxbXQQi7 #EnergyInvestment #CapitalMarkets #Strategy

According to Daniel Romito, a managing director and partner at Pickering Energy Partners: “The pursuit of net zero inherently makes a ton of sense… We should pursue net zero. But to think that we’re going to attain it — sorry, guys.” He shared his reasoning with attendees at this year’s Power Progress Summit. Read more from our colleague Art Aiello, editor of Power Briefing, here: https://lnkd.in/g_abJ8Cs #PPS2024 #netzero #decarbonization #datacenters #artificialintelligence

It has been a busy five weeks since the start of October… Dan Pickering's October Commentary below.

Join us at the DUG Executive Oil Conference in Midland, TX, on November 20-21, 2024, for an insightful panel discussion on "Perspectives on Policy" featuring three distinguished industry experts: ? Brent Greenfield, Principal & Counselor at Cornerstone Government Affairs ? Daniel Romito, Managing Director at Pickering Energy Partners ? Steven H. Pruett, Founder and CEO of Elevation Resources LLC As we approach a new administration in 2025, these leaders will explore the shifting landscape of energy policies, focusing on: ? Emissions and reporting policies critical to operations ? Tax incentives that could benefit your business ? Potential policy shifts under a new federal administration Don't miss this opportunity to gain valuable insights into the future of energy policy and its impact on the industry. Their combined expertise will provide a comprehensive view of what to expect and how to prepare for the changing political landscape. Register here and save $200 off your registration: https://lnkd.in/gPVHCb-t #DUGExecutive #EnergyPolicy #OilAndGas #Permian2025

Join us on this Friday, November 8th at 10:00 AM CT for an insightful session featuring top industry experts: Daniel Romito (Managing Director, PEP Consulting & Advocacy) Anne Austin (Strategic Environmental Attorney, Austin Legal and Public Affairs, PLLC) Marcella Burke (Managing Partner & Founder, Burke Law Group) This conversational webinar will dive into the post-election landscape and its potential impact on the energy industry. Key topics include: Anticipated regulatory shifts from the Department of the Interior (DOI) and Environmental Protection Agency (EPA), The future of Diversity, Equity, and Inclusion (DEI) and Environmental, Social, and Governance (ESG) frameworks Implications for capital markets and investment strategies in energy. Don’t miss out on this chance to gain expert insights into what’s ahead for the sector. Register now!

At the Power Progress Summit, Dan Romito, who is a managing director and partner at Pickering Energy Partners, said that a global energy transition is in fact not taking place. Check out his argument as to why here - and feel free to share your comments: https://lnkd.in/g8x73RNX #energytransition #decarbonization #PPS2024

Join us on this Friday, November 8th at 10:00 AM CT for an insightful session featuring top industry experts: Daniel Romito (Managing Director, PEP Consulting & Advocacy) Anne Austin (Strategic Environmental Attorney, Austin Legal and Public Affairs, PLLC) Marcella Burke (Managing Partner & Founder, Burke Law Group) This conversational webinar will dive into the post-election landscape and its potential impact on the energy industry. Key topics include: Anticipated regulatory shifts from the Department of the Interior (DOI) and Environmental Protection Agency (EPA), The future of Diversity, Equity, and Inclusion (DEI) and Environmental, Social, and Governance (ESG) frameworks Implications for capital markets and investment strategies in energy. Don’t miss out on this chance to gain expert insights into what’s ahead for the sector. Register now!

I am incredibly honored and looking forward to contributing to PRAGMA, where I will sit on their Advocacy Committee. PRAGMA supports realistic, long-term energy strategies that promote capital discipline, innovation, pragmatic decarbonization and sector advocacy. As a committee member, I will remain focused on contributing objective, data-driven thought leadership and analysis that outlines an actionable blueprint that attracts incremental investment and education to the space. Thank you again Amy Miller and the PRAGMA team for this amazing opportunity! Can't wait for the Pickering Energy Partners team to help PRAGMA accomplish great things! https://lnkd.in/euuF4KvA