C.O.B. Tuesday Ep. 35 - New Mexico

With all the talk of fracking and energy that showed up in the Presidential debate of late, we decided to try and do a show which was "on the ground" and "based in the reality" of today's energy world.That was a tall order but we called on the TPH friend network and found people "that know." We thought New Mexico - as the third largest oil producing state but also one with lots of federal acreage - was the right place to sort this out this week. As you will see, we had two Mayors, one County Manager, and the Minority Leader of the State House all join us. This was not about Republicans and Democrats. It was about jobs and economic development.We assembled an all-star discussion group:Mayor Sam Cobb, Mayor of Hobbs, New MexicoAllen Davis, Eddy County ManagerMayor Dale Janway, Mayor of Carlsbad, New MexicoRepresentative Jim Townsend, New Mexico State District 54We had a lotta fun and learned a lot talking to these grisly New Mexico veterans. We hope you enjoy it as much as we did!----------Copyright 2020, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC., Tudor Pickering Holt & Co Advisors LP, Tudor, Pickering, Holt & Co. Securities – Canada, ULC and their affiliates worldwide. Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors.