6 ordspråk av John Herrlin

John Herrlin

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Third-quarter results are disappointing. A greater-than-expected negative impact of hurricanes was a likely contributor, along with even weaker-than-forecast marketing margins.

When it comes to finding oil and gas, you tend not to find it in politically bucolic places. So when these companies make commitments, they factor in some of those risks.

Unless the winter is polar, Gulf of Mexico natural-gas output will be back.

One needs to remember that production disruption insurance usually doesn't start until 90 days elapse from outage, so some companies could stand to lose meaningful cash flow if their facilities are affected.

The threat of scarcity and the potential for infrastructure or throughput damage to refining should cause oil and natural gas prices to spike.

We still believe that 2006 results could be very strong vs. a stock market where energy is once again gaining relative market index weight.

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