With a global shift to renewable energy and urbanization on the rise, the demand for copper is expected to grow while supply remains constrained. The Hennessy Energy Transition Fund, Portfolio Manager, Ben Cook highlights three reasons why copper producer Freeport-McMoran may be poised to benefit from this trend.
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.
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.
The Hennessy Gas Utility Fund's Portfolio Managers attended the American Gas Association (AGA) Financial Forum to gain insight into trends affecting natural gas companies including natural gas’ role as a solution for clean energy sources and as a strategic economic asset to the U.S. The following highlights their takeaways from the Financial Forum.
Portfolio Manager Ben Cook, CFA discusses his thoughts on how higher prices have affected the economy, the capital discipline of many energy companies, renewable energy, and valuations.
The Portfolio Managers share their insights on the macroenvironment driving midstream companies, as well as midstream companies’ advantages in an inflationary environment, valuations, and payout levels.
The Portfolio Managers of the Hennessy Gas Utility Fund discuss America’s role as a global supplier of natural gas, the Fund’s alternative energy exposure, earnings growth expectations, and how Utilities perform in a rising rate environment.
Ryan Kelley, CFA, Portfolio Manager of the Hennessy Gas Utility Fund and Ben Cook, CFA, Portfolio Manager of the Hennessy Energy Fund and Hennessy Midstream Fund recently shared their insights on the natural gas and energy sectors.
With the coming energy transition where carbon emissions will be required to be significantly reduced, we believe natural gas plays a role as an essential bridge to a more sustainable and reliable energy future that will also help meet the needs of the growing global energy demand.
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.