STORY: Olsen said “we like energy because one, managements are much better at allocating capital than they have been in decades, so you’re they’re not chasing the new well, they’re not they’re not pumping for cash flow, they’re pumping for profits now. Second… we’re going to need fossil fuels much longer than the popular narrative holds.”
He added, “we’re playing broadly across the energy space from the integrated multinational sort of legacy players right down through pipelines… refiners and the like. “