March 15, 2023
“Don’t Try To Stop It, Work To Outperform It” Featuring Jarand Rystad, Rystad Energy
Today we were delighted to host Jarand Rystad, CEO of Rystad Energy. Jarand founded Rystad Energy in 2004 following a long tenure with McKinsey & Company to build an independent research and consulting company rooted in granular data. Rystad Energy tracks all energy sources, from production to consumption, to provide detailed analysis. We had a wonderful visit!
Our discussion explored a range of topics starting with Jarand’s background and inspiration for creating Rystad Energy, the company’s growth in scale and depth of analysis, the data and analytics the company tracks, Jarand’s day-to-day involvement, and the importance of adding energy transition supply chain capacity in the US and Europe. We also touch on the concept of energy transition vs. diversification, Jarand’s view on how new technologies and the free market will outcompete oil and gas, the role of nuclear, future supply and demand for electrification, Rystad Energy’s data on new energy materials, and more. We ended with Jarand’s view for the energy world ten years from now and walked away with a great appreciation for the work Jarand and Rystad Energy are doing.
To kick off the show, Mike Bradley presented a market update from the past week, including a closer look at the historic three-day decline (100bps) in 2yr US Government bond yields and why that’s changing the Federal Reserve’s previous hiking campaign of higher, faster, and longer to one that most market participants believe will be shifting to lower, slower, and shorter. He noted that the recent Silicon Valley Bank seizure had enormous implications for venture capital funding and that it would likely lead to less, higher cost and more stringent funding for Tech and New Energy startups. He wrapped up by reviewing recent events, including ConocoPhillips’ Alaskan Willow project approval, Aramco’s large boost in future capex spending, and a handful of key themes coming out of last week’s CERA Conference. Arjun Murti chimed in and emphasized the importance of understanding risk and finance controls within a company and what are inherently less sexy aspects of running an organization. He also flagged that all companies should be considering how international climate policy and regulations might impact them, even if those policies seem distant in location or time.
This week marks three years of COBT and we are thankful for all of your support along the way. Thank you to Jarand for being a fantastic guest to mark the occasion!
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March 16, 2022
“Distinguishing a Value Trap from a Value Opportunity” Featuring Mark Viviano & Megan Hays, Kimmeridge Energy
We have a stellar dynamic duo for this week's session. Our good friends Mark Viviano, Head of Public Equities, and Megan Hays, Managing Director, with Kimmeridge Energy visited us for an engaging and insightful discussion.Play now