Speakerguest

Smead Capital Management

@SmeadCap / appears on tweets

calls5traced speaker calls

avg P&L-0.1%per call

win rate20%resolved calls

total P&L-0.4%expert engine

Verified record

—pending

win rate—0W · 0L

resolved0settled on TRACE

scored calls5published & scoreable

No settled calls yet — credibility updates as call horizons resolve.

Speaker record

episodelongCVEtweets

Crack spreads near $60/bbl and collapsing global inventories prove oil demand is strong, not destroying — Canadian SAGD producer CVE rips as $70 oil reprices toward supply-clearing levels.

At $70 a barrel of oil, we are stampeding to the next problem: high oil prices over the longer term.

— pendingover the longer term

episodelongIMOtweets

Imperial Oil's SAGD assets earn high-teens returns at $70 oil and trade near 2x capital while a 4M barrel/day multi-year supply gap points to structurally higher prices.

These companies are producing strong returns on capital at $70 a barrel. We'd estimate this to be in the high teens, while they invest in growing marginal production on existing assets.

— pendingover the longer term

episodeshortSP500tweets

S&P 500 is 45% tech/AI, eliminating diversification and priming a rotation away from passive mega-cap concentration.

"The passive S&P 500 Index no longer offers diversification."

— pendingopen horizon

episodelongOXYtweets

Oil stocks are underrepresented at just 3.1% of the S&P 500 and deeply undervalued, generating strong free cash flow even at $70/barrel.

we remain heavily invested in these oil stocks because they offer great value relative to the stock market and are hugely underrepresented in the passive S&P 500 Index with a 3.1% position

Agent-readable speaker

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AISO Market Calls classifies public statements from public sources. A classification such as long thesis, short thesis, or explicit call describes the content of the public statement and does not prove that the speaker actually entered, exited, or held a position. Market performance shown is calculated from public market data around the source publication or timestamp. It is not investment advice.