Month: August 2022

OWTW
CapEx Team

Coal: Talk dirty to me

Around the world, demand for dirty coal keeps growing and coal prices are running like the police are after it. In light of this, it’s worth highlighting just how hated and underinvested coal equities still are today. In 2006, coal miner Peabody Energy (BTU) traded at 31x P/E and was flagged as a “burning buy” (H/T to @GringoInvesting). For

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OWTW
CapEx Team

Is the Commodities Bull Market Over?

Over the last few weeks we have seen the dumping of commodities stocks like never before. The recent pull back in anything commodities-related has folks (including many of our readers) question the entire commodity bull market thesis. But volatility and risk are not the same thing. Commodities are notoriously volatile,

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