Scott Shields Katy Texas Energy Blog

Hedging has lagged in the LNG business for quite some time due to its historically vertically integrated history. With regas facilities required on the consumer end and liquefaction facilities (5x the cost of regasification), the industry originally was fully integrated in "trains". While slow to react, the LNG industry has developed. A more developed stage in hedging would be to fix the actual transportation costs (seperate from the commodity costs). However this can be accomplished by longer-term chartering, a form of hedging. While the Bloomberg author seems to mix up hedging commodity with hedging transport, the point is taken. (Bloomberg) reposted by Scott Shields Houston -- A rally in the cost of chartering liquefied natural gas vessels on the spot market has highlighted the lack of tools available to traders to hedge against volatility. The market for the fastest-growing fossil fuel is expanding quickly, with cargoes changing hands in increasingly short...

McKinsey report: Gas the only fossil fuel to rise in demand through to 2035 China, ASEAN, and South Asia to account for 95% of global LNG demand growth until at least 2035 Carla Sertin Sep 15, 2019 McKinsey Energy Insights, the global energy market intelligence and analytics arm of McKinsey & Company, today launches its Global Gas and LNG Outlook to 2035. The report reveals that gas is the only fossil fuel expected to continuously rise in demand through to 2035 and sets out a vision of a very different gas and LNG market dynamic. The report reveals that, in 2018, China emerged as the world’s biggest importer of gas and LNG, overtaking Japan, and second biggest importer of LNG, overtaking South Korea. McKinsey expects demand to continue rising in the region, with China, ASEAN, and South Asia to account for 95% of global LNG demand growth until at least 2035. Total gas demand is set to rise by 0.9% p.a., while Asian gas demand is set ...

The tide may be turning for the worst-performing S&P sector this year PUBLISHED 4 HOURS AGOUPDATED AN HOUR AGO Michael Affigne Trading Nation: Energy catches fire Energy stocks may be fueling up for a comeback rally. Republished by Scott Shields Katy, Scott Shields Houston, www.morganshields.com Geopolitical tensions in Saudi Arabia sent the XLE ETF, which tracks energy stocks, surging over 2% on Monday. Matt Maley, equity strategist trader at Miller Tabak, says this could be energy’s time to shine. “We’re getting in this time of the year, when you get to the last three or four months of the year, that any time an underperforming group and under-owned group — the energy sector is less than 5% of the S&P — when it starts to rally, that attracts a lot of the institutional investors that are looking to make up performance. And the best way to do that is with an under-owned group that’s playing catch-up,” Maley said Monday on CNBC’s “Trading Nation. ” Energy has been the worst...

Shale drillers are cutting billions of dollars in spending, raising questions about US oil output PUBLISHED MON, MAR 11 2019 • 8:14 AM EDT | UPDATED MON, MAR 11 2019 • 11:17 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Independent shale oil drillers are cutting spending, but U.S. oil output is still expected to surge this year.Smaller publicly traded drillers are throttling back capital expenditures, while their bigger rivals are making smaller cuts on a percentage basis. Private drillers increased output in the second half of last year and could do the same again this year, Barclays warns. Robert Nickelsberg | Getty Images, reposted by Scott Shields Katy, Scott Shields Houston. The shale drillers behind booming U.S. oil and natural gas output have survived a bevy of challenges in recent years, from a historic oil price downturn to an effort by OPEC to wash them out of the market with a flood of cheap crude. Now, with U.S. output at all...

STO Market Outlook 2019 Recap of 2018 STO activity and beyond Tatiana Koffman reposted by scott shields katy, scott shields houston Jan 4 If 2017 was the year of the utility token, with ICO’s raising more than $5.6B, 2018 will be remembered as having paved the way for a new generation of security tokens. Issuers and investors continue to remain curious about the benefits of tokenization such as increased liquidity, fractional ownership, decreased issuance costs, innovative structures and greater pricing efficiency. After conducting an independent study of 130+ STOs currently on the market, the following are some trends forming for 2019. Market Trends Deal Size: The current range of deals run from $2M for smaller equity fundraises for consumer tech companies to $1B for institutional venture capital deals. Industry: The vast majority of STOs are are happening in the Real Estate, Finance, Tech and Energy sectors. Structure: Revenue-share, tokeniz...

Broker-Dealers Leading the STO Market by Tatiana Koffman and Henry Elder  about 23 hours ago As we move out of the era of ICOs and into a new era of digital securities, sometimes referred to as “Security Token Offerings (STOs),” issuance platforms and other technical solutions for tokenization tend to receive the most attention. A successful and compliant fundraise, however, depends upon a number of regulated service providers, one of the most important of which is an experienced broker-dealer (BD). After soliciting feedback from 50-plus industry players, we’ve compiled below some of the current movers and shakers in the space. Entoro Based in Houston, Texas, under the leadership of James Row, Entoro has established itself as a leader in the digital securities space, most recently leading the  Lottery.com  and  Soluna Power STOs. Although Entoro has a team working across industries, its core experience lies in the energy sector, i...