• Investor Login
  • About Us
    • Our Story
    • Leadership
  • Strategy
  • Offerings
  • News
  • Blog
  • Contact
  • News
  • Blog
  • Contact

Portfolio Manager’s Monthly Update – June 2018

June 11, 2018
Categories
  • Blog
  • Portfolio Manager's updates
Tags

June 11, 2018
Dear Partners,

It is one thing to write about why we select certain holdings for our fund. It is another thing altogether to see our convictions come true in as dramatic a fashion as you have seen this year. I am pleased to have performed well for our partners over the years, particularly during this last month. I will add that the Permian Basin’s dominance driving recent performance is far from over. Currently the Permian produces about 30% of the 10 million barrels of oil the US produces a year. We believe in future years that percentage will rise to almost 50%. The Fund is well positioned with Permian centric assets that we feel should continue to perform.

We do caution partners that there are reasons to expect consolidation of these gains during the next few months, at current levels or even slightly lower, because of take away capacity constraints and labor shortages in West Texas. Major companies are working as hard and as fast as they can to build pipelines and processing capacity to handle current production — and even higher production levels in the future. As these major new capacity additions near completion, we believe our portfolio assets will continue to appreciate.

Please feel free to contact us for further details or with any questions.

Sincerely,

Dana McGinnis
And the Mission Advisors Team 

Share

Archives

  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • October 2017
  • June 2017
  • April 2017
Mission Advisors

112 E. Pecan Street, Suite 1425
San Antonio, TX 78205
info@missionadv.com
210.323.2000

© 2019 Mission Advisors. All Rights Reserved.