WTI Realist: Taking A Realistic View on The Bull Energy Thesis

<p>I hope you guys enjoy my podcast with Twitter&#39;s own <a href="https://twitter.com/WTIBull" target="_blank" rel="noopener noreferer">WTI Realist.</a> We spend nearly 90 minutes dissecting the oil bull thesis, emphasizing under-followed parts of the value chain like midstream and royalty businesses. </p> <p>If you enjoyed the podcast, please follow WTI Realist on Twitter <a href="https://twitter.com/WTIBull" target="_blank" rel="noopener noreferer">here</a>. Also, check out his Substack <a href="https://wtirealist.substack.com/" target="_blank" rel="noopener noreferer">here</a>!</p> <p>Here&#39;s the time-stamp: </p> <ul> <li>[0:00] Meet our guest, WTI Realist</li> <li>[7:00] The Simplicity of the Oil Industry</li> <li>[14:45] Understanding the “Full Cycle” in the Oil Industry</li> <li>[16:30] Should Exploration and Production (E&amp;P) Companies Hedge?</li> <li>[23:00] Dividends vs Buybacks vs Paying Down Debt: Maximizing Shareholder Value</li> <li>[30:00] Importance of Reserve Life in the Oil Industry</li> <li>[34:00] WACC vs Interest Rates vs Discount Rates: Which is the Best Metric?</li> <li>[41:00] The Royalty Business (PrairieSky Royalty $TSX:PSK): Exploring the Benefits</li> <li>[49:00] How to Identify the Best E&amp;P? The Role of Management</li> <li>[1:00:00] Spotlight on Pine Cliff (TSX:PNE)</li> <li>[1:09:00] Exploring Frontera Energy ($FEC)</li> <li>[1:16:00] Is the Oil Market Getting Boring?</li> <li>[1:23:00] More Insights from WTI Realist and Closing Questions</li> </ul> <p>Finally, thanks to the following sponsors for making the podcast a reality!</p> <p><strong>Mitimco</strong></p> <p>This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns to support MIT&#39;s mission. To help the emerging manager community more broadly, they created <a href="https://emergingmanagers.org/" target="_blan