Vertical Research Advisory
Log inJoin Now
Newsletter

VRA Letter: Major M&A Activity in Energy. Bullish Supply/Demand Story for Equities. Surge in Rates Continues. Big Earnings Week Ahead. Q3 GDP >4%.

VRA Letter: Major M&A Activity in Energy. Bullish Supply/Demand Story for Equities. Surge in Rates Continues. Big Earnings Week Ahead. Q3 GDP >4%.   October 23, 2023 Good Monday morning. Breaking news this morning as anoth ...

Posted On October 23, 20235 MIN Read
Share:
vra-default-img

VRA Letter: Major M&A Activity in Energy. Bullish Supply/Demand Story for Equities. Surge in Rates Continues. Big Earnings Week Ahead. Q3 GDP >4%.
 
October 23, 2023

Good Monday morning. Breaking news this morning as another major buyout takes place in the energy patch, with Chevon acquiring Hess for $53 billion. This buyout comes on the heels of Exxons recent deal to buy Pioneer Natural Resources for $60 billion. We expect the M&A boom to continue in this sector. Financial engineering, one of our Big Bribe megatrends, will move from sector to sector, as inflationary assets continue to make monster consolidations like this (across all sectors) extraordinarily attractive.

Continue to buy ERX (2 x Energy ETF) and Falcon Oil and Gas (FOLGF). I look for Falcon to be acquired in 2024/early 2025, as the gargantuan Beetaloo Basin nat gas field is developed.

Soon, as gold/silver prices continue to move higher, we’ll begin to see a wave of large buyouts among major m...

Continue reading your article and start your free 14-day trial with VRA.

Start Free Trial

Already have an account? Sign in.

Related Post

March 14, 2025
VRA Letter: Out of Office

Good Friday morning. We’re out of the office in meetings today. Look for our next Letter over the weekend. VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: TQQQ (3 x Nasdaq 100 ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 x Miner ETF), KWEB (China Internet ETF) and NAIL (3 x Housing […]

March 13, 2025
VRA Letter: Xtract One Tech Q2. Trumps Tariff Polices, as Explained to Irelands PM. Short This Market at Your Own Peril.

Good Thursday morning. We’ll be back later in the day with a second Letter where we’ll be covering Xtract One Tech (XTRAF) Q2 earnings report from last night and their 10 AM EST call to discuss the quarter with analysts and shareholders. The webcast can be accessed here and the telephone number for the conference call is 844-481-3016 (412-317-1881 for international callers). […]

March 12, 2025
VRA Letter: February CPI; Inflation & Rates are Past-tense Concerns. Trump Buys a Tesla. FIFO; Semis, TSLA & Small Caps. The Latest from Rich Ross. Tyler on Schwab Network.

Good Wednesday morning. This mornings February CPI is in and it’s very good news all around for inflation and the markets with 2.8% (headline) and 3.1% (core). These are solid beats and the markets are surging. Dow +300, Nasdaq +300.  US CPI (Feb.) Headline M/M: 0.2% (exp. 0.3%, prev. 0.5%) Y/Y: 2.8% (exp. 2.9%, prev. 3.0%) Core […]

March 11, 2025
VRA Letter: EOSOS. Strong Global Markets Confirm This as US-Centric Decline ONLY. US Investors are Collateral Damage. Trumps Buying a Tesla. Our Key

Good Tuesday morning. After an especially tough day for US markets yesterday I expected to see global markets follow suit in this mornings early trading. Not only did European and Asian markets not get hit, but instead they are largely higher on the day. This continues to confirm for us that this move lower is US-centric only. […]

March 10, 2025
VRA Alert: Adding to SMR. VRA Market Update; Hitting 200 dma, with Seasonality Turning Bullish & Investor Sentiment at Extreme Fear. Ross; Still Bullish.

Good Monday morning. We have a VRA Alert this morning…we are adding to our position in SMR (NuScale Power). Alert: Buy SMR @ market. We are averaging into our VRA 10-bagger SMR this AM. Last: $14.60. SMR is the global leader in small modular nuclear reactors and the only company approved by the Nuclear Regulatory Commission, […]