Key Takeaways:  Initial forecast calls for 12 million tons to 13 million tons in Australian thermal coal shipments and 14 million to 15 million tons of Australian metallurgical coal sales.  Expected US thermal coal production already sold under contracts, limiting exposure to price weakness after unseasonably mild winter.  Has placed… Read More

Argentina's shale oil and gas formations in the Neuquen Basin show promise, but investors must remember that these plays are in the early stages of appraisal and development. Pricing and political headwinds are another concern. Read More

Here’s a quick rundown on the latest news and developments affecting my Best Buys list. Read More

Shares of coal producers have suffered inordinately despite the rally in the stock market. Here's our take on recent quarterly earnings from our top coal-levered picks and our updated outlook on these names' near- and long-term growth prospects. Read More

Many of our favorite master limited partnerships trade above our buy targets after the recent rally. Here's an explanation of our valuation methods. Read More

Elliott explains the valuation methods and qualitative factors that underpin the buy targets on the Portfolio's oil and gas trusts. Read More

Investors worried about missing out on further price appreciation should remember the experience of the past two years, when the stock market rallied in the early part of the year but swooned during the summer. With a contentious US presidential election on the horizon and developed economies continuing to post anemic growth, the likelihood that the stock market will pull back increases in the back half of the year. Maintain your discipline and adhere to our buy targets. Investors who keep some powder dry and buy high-quality names during pullbacks will outperform the herd. Read More