The David Lin Report · Wednesday, August 12, 2026
Ted Oakley recommends investing across the entire energy sector, including producers, midstream, and service companies. His firm, Oxbow Advisors, holds positions in large producers like Chevron, mid-size companies such as Matador, and natural gas firms like Terraco and drillers like Schlumberger.
“I think you have to own the whole spectrum. Like for us, on the producing side, we own big producers like Chevron, then we own Matador on the on the mid-size. But then we own the pipelines, you know, on the midstream. Uh, and then we own get natural gas companies like Terraco, Apache or APA, the, uh, APA now. Uh, and we own drillers. We own Schlumberger, we own Transocean.”
“In other words, you have to own the service companies, you have to own the producers and you have to own the midstream.”