The Portfolio Managers of the Hennessy Gas Utility Fund discuss the trillion-dollar Infrastructure Bill, natural gas production, demand, and exportation, and the composition and dividend growth of the Fund.
In his mid-year outlook, Hennessy Funds’ CIO Ryan Kelley reflects on the past year and shares his thoughts for the future.
For more than a decade, U.S. natural gas utility and pipeline companies have significantly increased investment in their infrastructure networks. We believe higher investment is a positive catalyst driving earnings growth for many natural gas distribution companies operating under rate of return (ROR) regulation.
The Portfolio Managers of the Hennessy Gas Utility Fund discuss the role of natural gas during the recent extreme cold weather event, the demand dynamics of natural gas since the pandemic started, infrastructure and modernization programs, and the growth of the global liquefied natural gas (LNG) market.
Portfolio Manager Ryan Kelley, and American Gas Association (AGA) executives Gary Gardner, Vice President of Corporate Affairs, and Richard Meyer, Managing Director, Energy Markets, shared their insights on the natural gas industry as well as investment opportunities.
Over the last decade, strong growth in production has allowed the U.S. to become a net exporter of natural gas. Both liquefied natural gas (LNG) exports and pipeline exports to Mexico have been growing rapidly, and significant further growth is forecast.
The market showed strength and resilience in 2020, hitting all-time record highs in December. With promising vaccines, historically low interest rates, and strong fundamentals, there is optimism for equities in 2021.
The Portfolio Managers of the Hennessy Gas Utility Fund discuss natural gas and electricity demand dynamics, the increased interest in renewable energy, and why utilities, with growing dividends and earnings, present an attractive investment opportunity.
On a recent conference call, Portfolio Managers Ryan Kelley of the Hennessy Gas Utility Fund and Ben Cook of the Hennessy BP Energy Fund and Hennessy BP Midstream Fund shared their insights on the impact of the current economy on supply and demand dynamics and commodity prices for the oil and natural gas industries.
Portfolio Managers of the Hennessy Gas Utility Fund discuss how the COVID-19 outbreak affected natural gas demand, how low oil prices may benefit natural gas, valuations of Utility stocks, and the Fund’s performance and current level of dividends.