EQT is still a favored gas play, and not too late, because Qatar's Ras Laffan LNG hub is badly disrupted. EQT raised hedging to nearly 40% of 2026 production at an average floor near $4.30/MMBtu and ceiling near $6.30, a tactical approach that adds protection selectively while staying exposed to upside. x.com  x.com 

TotalEnergies' robust cash flow funds rising shareholder returns: it raised its first 2026 interim dividend 5.9% to €0.90, the top dividend growth among major European and US oil companies, alongside a 4.3-5% yield and buybacks. Q1 LNG profit hit $1.3B on 12% higher volumes, and resumed Mozambique LNG construction should drive future earnings. High oil prices help, and Morgan Stanley and others see AI data-center power demand as a structural tailwind for its integrated power business. x.com 

Energy stocks remain undervalued because shale depletion is real and AI needs natural gas, and the market is underpricing both. Diamondback Energy has quietly been doing tender offers ahead of its May 4 earnings, and EQT's 3.84% drop does not change the thesis. Value takes time. x.com 

Vista Energy grows over 20% yet trades at about 10x earnings, while most big oil companies trade at 20-25x with single-digit growth. It also works as an oil hedge. x.com  x.com 

EQT has convexity because low investment in natural gas collides with rising LNG and datacenter demand. The gas basin isn't that deep. x.com 

EOG Resources is deeply undervalued on EV/EBITDA, a big discount given where oil prices are now, and the chart looks strong. x.com 

US energy stocks are being steadily accumulated after a 17-year base, and that base will not resolve in a month. The sector broke out this year and pulled back on contracting volume, which is digestion, not distribution. Energy trades near 13x earnings versus about 20x for hyperscalers. Stocks now rise with oil and get bought back when oil falls. Tech is priced for the cost of capital to come down; energy for the reason it will not. x.com  x.com  x.com 

Harbour Energy, the UK's largest independent North Sea oil producer, has two catalysts aligning after years of punishment from the UK windfall tax, which pushed its effective tax rate to about 100%. The UK Treasury is considering scrapping the Energy Profits Levy, and oil prices are surging on the Iran conflict. With a 23% free cash flow yield and a 40% year-to-date gain, it combines deep value with momentum. x.com 

Venture Global seems to offer the most torque to LNG fundamentals, with significant damage to Gulf LNG infrastructure and an exceptional natural gas setup. Seasonal strength, LNG and data center demand and the Middle East energy crisis support gas from a $3 start, with commercials max long and one heat wave from $10 Henry Hub. Gas companies trade on the strip, so they gain from rising prices even when gas funds lose to contango. The project seems viable, with positive news flow. x.com  x.com  … Show more

Natural gas leaders such as EQT face a structural shift, because about 20% of world supply is offline for three to five years with no quick fix. De-escalation doesn't change that, so market fakeouts should create opportunities in the group, with EQT attractive below $60. x.com