Energy Market Opportunities

March 2016
The decline in energy markets over the past 18 months has been dramatic with crude oil prices falling 70% and natural gas prices falling 60%. When a market experiences a severe correction, we believe it is appropriate to look for attractive investing opportunities in that market. Some of the areas which we believe present attractive opportunities today include private energy investments and midstream energy debt. To be clear, these opportunities do not rely on a significant rise in energy spot prices to generate attractive returns. The balance of this paper details our views on the following energy investment opportunities, Long-Biased Energy Futures, Energy Public Debt, Energy Public Equities, Master Limited Partnership Equity, Master Limited Partnership Debt, and Private Energy Partnerships.


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