Approach
We believe the scarcity of high-quality natural resources is underappreciated by markets. Identifying the companies that control them — or benefit from them — is where we spend our time.
Sourcerock invests long and short in companies across oil and gas, renewables, materials, agriculture, and power — from producers and service companies to midstream, refining, utilities, and the equipment manufacturers behind them. Meeting global demand will require all of it. Not every company will participate.
Sourcerock invests long and short in companies across oil and gas, renewables, materials, agriculture, and power — from producers and service companies to midstream, refining, utilities, and the equipment manufacturers behind them. Meeting global demand will require all of it. Not every company will participate.
We harness deep domain expertise driven by decades of combined experience and an extensive industry network to invest primarily in publicly traded equities in North America.
Our analysts, dedicated to specific subsectors, collaborate with our CIO to perform bottom-up fundamental research.
We prioritize well-managed companies with durable business models, healthy balance sheets, exceptional capital allocation discipline, and free cash flow.
We identify high-conviction investments to own, not just trade.
Our approach results in a low-net portfolio that aims to generate absolute returns across a range of market environments. Directional energy, commodity or market tailwinds are not required for success.
