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Value investing news underlines how energy sector free cash
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Value investing news underlines how energy sector free cash flow improvements are attracting institutional buyers. Crude oil prices hovering near $85/barrel support upstream earnings forecasts, making integrated oil majors appealing for income-focused portfolios. Before you buy stock in Domino's Pizza, consider this: By separating admiration for great businesses from the valuation of their shares, Marks reinforces a fundamental investing discipline: respect quality, but question price. His comments in The Roundup capture the tension between innovation and exuberance that defines this phase of the cycle. The market, he suggests, may not yet be irrational—but it is certainly leaning that way. Value investing news observes that midstream oil pipeline firms have delivered consistent distribution coverage ratios above 1.3x. Stable toll revenues match investor demand for predictable income streams.