10
Oct

Wrap – Week Ended 10/9/20

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Biggest week of the year with the ZLT up ~ 21%. Performance was driven by sharp gains in our renewables segment and by some slight upward edging in some our oil, natural gas and service names.

Holdings Watch:

  • We added to our LBRT position on weakness created by a block trade by a major holder.
  • We sold a little over 40% of our JKS position at $61.50, up 223%.
  • The Blotter is updated.

Questions and comments under The Wrap will be addressed in the Subscriber Mailbag section of the Monday post.

Want to try us out?  Take the $10 test drive for a one month highly discounted look into site.  Zman's Energy Brain has been publishing and fielding questions 6 days a week since 2006. I've been in the business since 1991. Come see us.

Need to contact us?  Email zman@zmansenergybrain.com

Have a great weekend,

Best Regards,

Z

Positioning Example Watch:  Z4 Research has a portfolio, the ZLT, that generally holds between 15 and 20 names. The LT stands for Long Term and we only conduct a modest amount of trading around core positions in the portfolio. Here's the anatomy of our positioning in a name that has recently worked out well for us. All trades are ZBLASTed out to subscribers via email and recorded on The Blotter for all to see forever.  Many names never get a public piece on Seeking Alpha. This is one of those names.

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3 Responses to “Wrap – Week Ended 10/9/20”

  1. 1
    zman Says:

    More tower consolidation underway.

    https://www.pantagraph.com/news/local/clinton-wind-farm-manufacturer-to-lay-off-148-in-november/article_e516334d-d7d4-5f31-96a5-218181d26577.html

  2. 2
    crysball Says:

    Arcosa has 3 wind tower fabrication facilities:
    Clinton, IL (closing) 148 employees
    Newton, IA (it’s largest)
    Tulsa, OK
    They also have several other large steel fab facilities:
    -Utility Towers for electric high voltage transmission
    -Barge manufacturing (currently laying off 66 employees)
    – storage tanks ( pressure vessels) for propane & anhydrous ammonia

    Arcosa arose from what was TRINITY INDUSTRIES in early 2000’s.

  3. 3
    Zman's Energy Brain ~ oil, gas, stocks, etc… » Blog Archive » Monday Morning Says:

    […] crysball on Wrap – Week Ended 10/9/20 […]

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