Veuillez sélectionner votre région et votre langue pour continuer :
Please select your region and language to continue:
We use cookies
Respecting your privacy is important to us. We use cookies to personalize our content and your digital experience. Their use is also useful to us for statistical and marketing purposes. Some cookies are collected with your consent. If you would like to know more about cookies, how to prevent their installation and change your browser settings, click here.
Victor Swishchuk, portfolio manager, dives into the upstream section of the Energy Sector on the “Value Hive” podcast, hosted by Brandon Beylo.
As an oil and gas analyst, Victor discusses crude oil, as well different types of upstream oil and gas business, how to value them, and what are the most common pitfalls an investor might face when getting into the industry.
We invite you to listen to this very interesting podcast, or some segments, to find out more about the gas and oil industry and its future.
[0:00] Who is Victor Swishchuck?
[5:00] Intuition Guided by Experience
[10:00] Studying Credit and Bonds before Equities
[18:00] Analyzing the Energy Sector: From Zero to One
[30:00] What does it mean for Oil to be Sweet, Sour, light, etc
[42:00] Upstream Oil and Gas Businesses
[1:00:00] Valuation: Implied Oil Price by Reversed NAV.
[1:13:00] Common Pitfalls and Where can you get burned?
[1:30:00] How to learn the industry?
[1:47:00] Closing Questions and more from Victor Swishchuck
Victor Swishchuk, MBA, CFA®
Portfolio Manager,
Partner
Mr. Swishchuk is a graduate of York University’s Schulich School of Business (MBA, Finance and a Graduate Diploma in Financial Engineering), and York University (BBA, minor in Mathematics), and is also a CFA® charterholder. Prior to joining the firm in 2013, he was Vice-President, Interest-Rate Trading with TD Securities. Previously, he completed internships in debt capital markets at RBC Capital Markets and in corporate credit at DBRS.
The information and opinions expressed herein are provided for informational purposes only, are subject to change and are not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. Any companies mentioned herein are for illustrative purposes only and are not considered to be a recommendation to buy or sell. It should not be assumed that an investment in these companies was or would be profitable. Unless otherwise indicated, information included herein is presented as of the dates indicated. While the information presented herein is believed to be accurate at the time it is prepared, Letko, Brosseau & Associates Inc. cannot give any assurance that it is accurate, complete and current at all times.
Where the information contained in this presentation has been obtained or derived from third-party sources, the information is from sources believed to be reliable, but the firm has not independently verified such information. No representation or warranty is provided in relation to the accuracy, correctness, completeness or reliability of such information. Any opinions or estimates contained herein constitute our judgment as of this date and are subject to change without notice.
Past performance is not a guarantee of future returns. All investments pose the risk of loss and there is no guarantee that any of the benefits expressed herein will be achieved or realized.
The information provided herein does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
This presentation may contain certain forward-looking statements which reflect our current expectations or forecasts of future events concerning the economy, market changes and trends. Forward-looking statements are inherently subject to, among other things, risks, uncertainties and assumptions regarding currencies, economic growth, current and expected conditions, and other factors that are believed to be appropriate in the circumstances which could cause actual events, results, performance or prospects to differ materially from those expressed in, or implied by, these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
Subscribe to Letko Brosseau’s newsletter and other publications:
Start a conversation with one of our Directors, Investment Services, a Letko Brosseau Partner who is experienced at working with high net worth private clients.