C.O.B. Tuesday - Special Edition: “The Biden Effect” Featuring Leslie Beyer (PESA) & Anne Bradbury (AXPC)

With the election behind us and the transition of a new administration on the horizon, we decided to call on two great friends of the firm and previous COBT guests for a COBT "Special Edition." We were thrilled to have the opportunity to visit with two great ambassadors of the oil & gas community: Leslie Beyer, President of PESA (the Petroleum Equipment and Services Association), and Anne Bradbury, CEO of AXPC (the American Exploration & Production Council).Both Leslie and Anne gave us their thoughts on the "Biden Effect" and let us ask their views on some of the burning questions we are all asking.Mike Bradley launched the conversation with market sentiment and passed it to Colin Fenton to give a fantastic overview/analysis of President-Elect Joe Biden's previously announced plans for the Energy Sector.----------Copyright 2020, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC., Tudor Pickering Holt & Co Advisors LP, Tudor, Pickering, Holt & Co. Securities – Canada, ULC and their affiliates worldwide. Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors.

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