Hydrocarbons and the energy ecosystem are in transition. Capital expenditures for renewable energy now outpace oil and gas capital expenditures.

• A core belief at Sourcerock is that over time, energy sources globally will inevitably shift to more environmentally friendly sources; however, the energy transition will be lengthy and require massive investment across both old and new forms of energy

• This paradigm shift will likely be one of the single biggest shifts of wealth we witness within our lifetime—with a tremendous amount of innovation and disruption

• Sourcerock believes there will be winners and losers throughout this energy transition process creating a rich environment for alpha-driven investing within the energy ecosystem