****Equity L/S Relative Value in Global Energy Sector****
I see good value in:
Occidental Petroleum $OXY (Occidental Petroleum Corp) vs $386.HK Petro China and Hess Corp $OXY vs $HES (Hess Corp) A lot of negativity re US Oil-Lease Moratorium seems to be priced in.
Also, Valero Energy has some catch-up... Mostra di più Traduci
Actually, on the US market, we are on plus.
Overall we are on a small minus because of the EU and .HK markets that drag the portfolio down and now they are closed. Probably they will boost the portfolio once they open.
However, without that being said, I think the performance is very good considering... Mostra di più Traduci