Wrap – Week Ended 11/8/24

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The ZLT was up 14.7% on the week last week. We are traveling this weekend so this will be short.

Holdings Watch:

• Last week we added to:
  • CHRD (Bakken, cheap, overly beaten down, strong balance sheet, good return of capital player ahead of their 3Q24 call),
  • GRNT (high dividend yield, low leverage, rising oil cut, better than expected 2025 guide non-operator/hydrid Permian centric E&P during and after their 3Q call)
  • and one pressure pumper last week.
• The trading blotter is updated.

Questions and comments under The Wrap will be addressed in the Monday post.

Questions about the site or for a test drive should be sent to zmanalpha@gmail.com.

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Thank you veterans,  Have a good weekend,

Z

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