The David Lin Report · Wednesday, August 12, 2026
Ted Oakley states that oil and natural gas companies are currently undervalued, with some trading at seven to eight times earnings. He observes that many investors are avoiding fossil fuels due to past sentiment, potentially missing out on opportunities.
“I don't think it's overbought, no. Uh, I think if you look at the companies, and we own a lot of oil and natural gas companies, but if you look at the companies, they're cheap on a relative basis.”
“If you look at their, you know, their numbers, uh, they're cheap. I mean, we've got some of those companies that are seven and eight times earnings.”
“A lot of people just don't want to buy fossil fuel. You know, that's a hangover from, you know, from the last five or six years, uh, that these groups that don't want to buy fossil fuel, and I think they're missing a point here.”