Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Eric Nuttall: Oil Facing Volatile 2025 — Where I’m Investing, Plus Prices, Supply and Demand

by admin December 3, 2024
December 3, 2024
Eric Nuttall: Oil Facing Volatile 2025 — Where I’m Investing, Plus Prices, Supply and Demand

While the past year has been tough overall, he believes the biggest challenge is sentiment.

‘Nobody’s here. Nobody cares. Nobody is aware of any of the bullish potential, because everybody is just focused on the narrative around, ‘(The market is) awash in oil and we’re going to fall to US$60 (per barrel).’ Or I even saw US$40 the other day. You’ve got to try to really tune out the noise,’ Nuttall explained during the conversation.

‘I think given how underweight people are, given how strong balance sheets — ie. business models — are today, that even at US$70, which seems to be a reasonable price to triangulate around, we can still find opportunities,’ he added.

Nuttall is looking for companies that have paid down their debt and have strong free cashflow.

‘The only thing to do with that free cashflow is to meaningfully buy back shares,’ he said. ‘If you look at the relationship between share buybacks and performance, it’s like mission accomplished — there’s a very strong linear relationship between the companies that have been most aggressively buying back their stock and the biggest outperformers.’

Nuttall also said he sees investment potential outside oil stocks in the year ahead.

‘We’re looking for names with multi decades of inventory, because my belief is that the demand for hydrocarbons — oil, natural gas, coal — will grow longer and stronger than consensus believes,’ he said.

When asked about his final thoughts heading into 2025, Nuttall returned to sentiment.

‘I think that’s the biggest thing — sentiment is awful, fundamentals are not. Things are not perfect, but they’re not nearly as bad as what consensus believes, and there’s still money to be made in this sector,’ he finished.

Watch the interview above for more from Nuttall on oil supply, demand and prices in 2025.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Gold, Bitcoin and a Debt Spiral: 3 Key Themes from the New Orleans Investment Conference
next post
Biden, Trump both rip DOJ after president pardons Hunter

Related Posts

Precious Metals & Critical Minerals Hybrid Investor Conference...

May 17, 2025

EMU NL

June 24, 2024

Coniagas Battery Metals to Present at PDAC 2025...

February 26, 2025

E-Power Resources Inc. Announces Closing of a Third...

November 20, 2024

Antilles Gold Limited (ASX: AAU) – Trading Halt

October 9, 2024

$12M Proposed Cash Asset Sale to Strengthen Balance...

July 23, 2024

Gold Price Hits New Record as Fed Holds...

March 20, 2025

GMV Minerals Inc. Completes Initial Drilling at Daisy...

September 27, 2024

Additional Targets Identified from Gravity Geophysics at Wagyu...

March 11, 2025

Tech 5: Trump to Prioritize Crypto, Biden Blocks...

January 19, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Offense vs. Defense: How Geopolitical Tensions Shape Market Trends

      June 25, 2025
    • How to Use Fibonacci Retracements to Spot Key Levels

      June 25, 2025
    • Shifting Tides in the Stock Market: A New Era for Bulls?

      June 25, 2025
    • Experts gauge success of ‘bunker buster’ bombs dropped by US on Iran nuclear sites

      June 25, 2025
    • ‘I’m just a silly girl’: AOC fires back after Trump calls her ‘stupid’

      June 25, 2025

    Categories

    • Business (995)
    • Investing (2,462)
    • Politics (3,057)
    • Stocks (1,094)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved