MT MTDR Matador Resources Loading... : Bullish and Bearish Analyst Opinions

Energy is dramatically cheap with high dividends (6-8%). Oil reserves and storage tanks are depleted, strategic reserve is drawn down, drilling is disciplined, and majors expect $150 oil. Pipelines and midstream are irreplaceable infrastructure like railroads. He owns producers and pipelines in a 'well to the end' strategy.

Energy is massively underowned at only 3% of the S&P 500, up 35% year-to-date, and will likely rip like gold and silver did last year as investors scramble to catch up. He owns a full spectrum from producers (Chevron, Exxon, Matador) to midstream/pipelines (Enterprise Products, Energy Transfer) to rigs (Transocean, Noble Drilling) and services (Schlumberger, National Energy Services Reunited). The thesis is supported by strong cash flows, dividends, and years of required maintenance work.