Hedgeye Energy analyst Fernando Valle and Director of Research Daryl Jones discussed Valle’s prescient call on Long Exxon Mobil (XOM) vs Short (BP) this morning on The Macro Show.

“Exxon Mobil is outperforming the group,” said Valle. “BP, which is our ‘Best Idea’ Short on the big oil side, has been the laggard since we made the call.”

This was Valle’s first big call since joining our analyst team back in March. XOM is +14.3% while BP is -0.4% year to date.

To receive more Energy Sector research and get Fernando’s next big call, Click here.

Valle: Long <abbr name='Exxon Mobil Corporation'>XOM</abbr> vs Short <abbr name='BP p.l.c.'>BP</abbr> Pair Trade Paying Off - TMS Banner


You're Leaving Hedgeye Risk Management...

By selecting this link, you are now leaving the Hedgeye Risk Management (“HRM”) website. The following website contains information concerning investment products managed by Hedgeye Asset Management (“HAM”), an affiliate of HRM, or a firm partnering with HAM, and is subject to HAM’s Privacy Policy. As a separate legal entity, all HAM asset management services are made independently by portfolio managers at HAM and, as such, funds may vary from HRM research.

HRM is not responsible for the accuracy or completeness of information on external websites. HRM does not make any representation regarding the advisability of investing in any investment product or any particular investment advisory. Any opinions or recommendations from linked websites are solely those of our affiliate and are not the opinions or recommendations of HRM.

HRM DOES NOT PROVIDE PERSONALIZED INVESTMENT ADVICE OR ENGAGE IN ANY ASSET MANAGEMENT SERVICE. LASTLY, THIS LINK IS NOT AN OFFER TO BUY OR A SOLICITATION TO SELL ANY SECURITY OR INVESTMENT PRODUCT, OR THE SOLICITATION OF ANY ADVISORY SERVICES.