The Portfolio Managers of the Hennessy Gas Utility Fund discuss the higher interest rate environment and how the Fund has performed historically. They also talk about the Fund’s current composition, earnings growth, and dividends along with valuation of the Utilities sector.
Energy is a large and complex sector. The sector’s broad sub-industries can be divided into a “value chain,” each segment of which has different characteristics and offers different investment opportunities.
With a global shift to renewable energy and rising urbanization, copper demand is expected to grow while supply remains constrained. We believe copper miners, such as Freeport-McMoRan, are poised to benefit from this trend.
Many midstream companies offer a higher-quality balance sheet, consistent distribution growth, and a higher distribution coverage. Read our investment case for midstream equities.
The Portfolio Managers of the Hennessy Gas Utility Fund discuss the production and demand dynamics of natural gas since the pandemic, including liquefied natural gas (LNG) exports and natural gas bans. They also provide an investment case for the Hennessy Gas Utility Fund.
Portfolio Manager Ben Cook, CFA discusses his thoughts on production and demand for the primary fuel mix, a continuation of buybacks and dividends in the Energy sector, and where the Fund is finding opportunity.
The Portfolio Managers share their insights on capital expenditure spending, fluctuations of natural gas prices, how midstream and MLP companies have historically outperformed during periods of high inflation, and the current investment case for midstream companies.
Richard Meyer from the American Gas Association and Hennessy Gas Utility Fund (GASFX/HGASX) Portfolio Manager Ryan Kelley recently provided insights into the natural gas industry as well as compelling investment opportunities in natural gas utilities.
The Portfolio Managers of the Hennessy Gas Utility Fund discuss the Fund’s composition, earnings growth, dividends, and the case for natural gas utilities and other distribution companies. They also cover how the price of natural gas affects the Fund’s holdings and highlight the portfolio’s exposure to renewables.
Hennessy Gas Utility Fund Portfolio Manager, Ryan Kelley shares his insights on the increase in natural gas production, how demand is outpacing supply, and LNG prices around the world.