Betting on Clean Energy

Published on
August 13th, 2019
Duration
15 minutes

Betting on Clean Energy

Trade Ideas ·
Featuring Rick Bensignor

Published on: August 13th, 2019 • Duration: 15 minutes

Rick Bensignor, CEO of The Bensignor Group, examines the recent volatility in the stock market and drills down specifically on the energy sector. He discusses the cyclical downtrend in oil prices, notes society’s transition to clean energy, and explains how investors should play the historical shift. In this interview with Justine Underhill, he also pinpoints key levels for a particular clean energy ETF. Filmed on August 8, 2019.

Comments

Transcript

  • KF
    Ken F.
    18 August 2019 @ 15:36
    Tells me there is a shitton of shorts in energy stocks.
    • KF
      Ken F.
      18 August 2019 @ 15:46
      Looking at the holdings in PBW the top holding ENPH trades at 10X price to sales 111X P/FCF. You better hope this sector grows and grows fast . I don’t see any cheap stocks in this ETF.
  • DS
    David S.
    13 August 2019 @ 20:30
    I do not understand why US GDP is not growing at 5%. Mr. Kudlow said that if the tax package were passed 5% GDP was easy. Was there a slip between the cup and the lip? DLS
  • MT
    Mike T.
    13 August 2019 @ 19:35
    Question for any energy experts out there. Is it not the case that OECD countries made a no-growth pact for oil many years ago, and therefore to see a sustainable demand growth in the oil market it's all down to China and non OECD countries?
  • LP
    Lynn P.
    13 August 2019 @ 18:12
    Finally, someone with good shoes
    • SB
      Stephen B.
      13 August 2019 @ 21:41
      And socks.
  • MN
    Maverick N.
    13 August 2019 @ 16:23
    As someone who has spent over 14 years in Oil & Gas, I am appalled at the disconnect from reality that exists among well educated, well informed people - as a planet, we consume over 98M boe/d of oil. This number, despite of all the hypocrite tree-huggers, has gone up and continues to go up. KSA, Russia etc have gone to the pedal ever since Venezuela has fallen off the map. It is a long long time before the planet can "get off" it's oil addiction. I am aware of human linear thinking fallacy versus actual non-linear change. But till that happens and the alternate becomes cleaner, cheaper, environmentally conscious (mining etc.) and jot just subsidized, oil will remain valuable. It will continue to be hated and demonized by MSMs but cannot be ignored. It will be one of key sectors to watch out for once the dollar bull run draws to an end.
    • TR
      Travis R.
      13 August 2019 @ 19:10
      Is marginal demand destruction from electrification and CAFE increases factored into your long term projections?
    • AC
      Andrew C.
      14 August 2019 @ 03:06
      I am yet to find a satisfactory response to 'The "New Energy Economy": An Exercise in Magical Thinking'. I would love someone to provide a solid counter- argument. Oil isn't going away, electrification isn't gunna help, oil to beyond $100. https://www.manhattan-institute.org/green-energy-revolution-near-impossible
    • TR
      Travis R.
      14 August 2019 @ 03:32
      From what I see most projections are either stratospheric or non-existent for demand destruction from electric vehicles. Reality is probably somewhere in the middle. With declining battery costs electric vehicles will continue to take greater market share in the future.
    • JM
      John M.
      14 August 2019 @ 04:32
      I wonder about electric cars. The weight of the batteries is phenomenal! Then there's the added cost of that battery. Then there's battery degradation over time. Battery recycling? Lastly, the precious metals used in these EVs example: 183 pounds of copper (versus ,50 pounds for standard vehicle). We are really going to shift the global fleet (1 billion cars) to EV? Hydrogen cars seems to make more sense.
    • AC
      Andrew C.
      15 August 2019 @ 17:08
      Hydrogen is too expensive for the moment. 8 times the cost per kilometre
    • JK
      Jay K.
      4 September 2019 @ 02:17
      We will need oil even after we have undergone full electrification. That said supply has increased (US) but demand seems steady. Also fuel economy increases as technology improves. Renewable may be the future simply for the fact that it is sustainable.