16
Sep
Wrap – Week Ended 09/15/23
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The ZLT was up 0.5% on the week last week as we made some long telegraphed adjustments to the portfolio.
Holdings Watch:
- AR - We sold our large and multi year holding in AR at average $26,90, up 70% to our average cost. We are lightening our gas wedge.
- VTLE - We sold our modest position in VTLE at average 56.09, up 28%.
- We added to one core oily upstream name.
- We took an opportunistic Trading Only position in a new name for us. Please see last Wednesday's post for details on that one.
- The blotter is updated.
Note that rig counts and frac counts appear to be moving as expected as we approach 4Q.
Questions and comments under The Wrap will be addressed in the Monday post.
Questions about the site may be directed to zman@zmansenergybrain.com
Have a good weekend,
Z
