Grayson discusses the performance of oil and pipeline companies’ stocks, which have seen significant gains this year. The increase in stock prices is attributed to healthy margins, dividend expansions, and interest rate cuts, which have driven demand for investments with stable dividend yields.
The discussion covers the impact of U.S. election results, specifically Trump’s return, on energy policy and market expectations. Grayson noted that federal support for oil projects could increase, but state-level resistance might still pose challenges.
Recorded on November 13, 2024
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Grayson Waechter, CFA®
Grayson Joined TriCert Investment Counsel in 2015. As a Portfolio Manager, Grayson is responsible for researching and monitoring our investments in the Materials and Oil & Gas sector. Grayson has attained several licences and accreditations throughout his career from various governing financial services bodies and is a CFA® charterholder.