The Tsunami Signal Investors Missed

[Inside Money Morning] [There's "Rich"... And Then There's "Texas Rich"]( As we speak, a massive bidding war in the oil fields of the Permian Basin is setting up for a new generation of "Texas Rich." All you need to know is the right acquisition targets and how to play 'em. Garrett {NAME} is sharing the full game plan: his targets, the buyers, and the date of every single deal. If you're ready to learn the meaning of "Texas Rich," [Check it out by clicking here.]( --------------------------------------------------------------- Editor's Note: There's rich... and then there's Texas Rich. An epic Texas land rush is underway, for reasons I begin to explain below. But the man with all the details to help you maximize your profits from this event will reveal all tonight at 8 p.m. ET. [Tune in to watch]( Garrett {NAME} share his research about what's happening in the Permian basin, why it's happening, and how you can profit! [The Tsunami Signal Investors Missed]( Dear Reader, Friday, January 27, 2023, passed with little fanfare. There was no press conference from Federal Reserve Chair Jerome Powell and his cadre of cronies. The market didn't crash. It wasn't set ablaze either. The S&P 500 rose a mere 0.2%. But that day marked a change... One that will reverberate throughout the market for the year ahead and beyond. And it signals the true profit potential of one of our economy's most important sectors. Unfortunately, the event that occurred that day flew under the radar of most investors. But don't worry... it's not too late. There's still time to act now and [be ahead of the curve]( before every other investor realizes what's about to unfold. And that's the position you want to be in for the best shot at gains. The Name You Ignored TXO Energy Partners (NYSE: TXO) isn't a household name. And with an average trading volume of less than 80,000 shares per day, it's not a name on most investors' radar. But the small oil & gas driller in the Permian Basin is of noteworthy significance because, on January 27, 2023, it became the first energy company to IPO in more than six months. And it has set off a rush. In the wake of TXO's debut, the list of oil & gas IPOs continues to grow with names like Atlas Energy Solutions (Nasdaq: AESI), CBL International Limited (NYSE: BANL), Trio Petroleum (NYSE: TPET), and a host more. [Here's what most investors are missing](... 2023 is on pace for the best year for oil & gas IPOs since 2017! Now, why should you care about that? Because, year-to-date, the Energy Select SPDR ETF (NYSE: XLE) has been left in the dust. What you're looking at here is that so far this year, the IXIC has returned 15%, the Dow, 2.2%, and the S&P 7.7%. The XLE, however, has returned -3.2%. That's pretty dismal. Clearly, oil & gas stocks have largely been stinkers. Forgotten are the heady days of 2022 when these companies were the salvation of every investor's portfolio. The XLE went on a tear last year, surging more than 52% while the Dow Jones Industrial Average, Nasdaq, and S&P 500 drowned in varying seas of red. How the tables turned this year. Today, the headline headwind for energy stocks is oil. Crude has tumbled from its peaks above $120 per barrel in June 2022 to below $70 per barrel in March, even sagging to lows not seen since late 2021. But energy stocks aren't dead. Far from it. Nor is the oil market on its deathbed. The International Energy Agency (IEA), just days ago, forecast that global crude demand will hit a record of 101.9 million barrels per day (bpd) this year. In 2024, worldwide consumption is projected to increase another 1.8 million bpd - a new record. And no one sees demand tailing off in the next decade. [The resurgence of the oil & gas IPO market is a clear indicator that there's growth ahead](... and profits to be made. But most importantly, the revitalization of energy debuts also means we're about to witness a surge in another growth strategy that will potentially redefine the oil & gas markets for years to come. More importantly, they exited 2022 with $85 billion in cash sitting on their balance sheets. --------------------------------------------------------------- Weekly Trade Appointment]( Where will you be on Wednesday at 2:30? I'll be right here. Because it's my regular, weekly trade appointment - and it's the only steady gain that I can count on every single week. [Add it to your calendar here.]( --------------------------------------------------------------- Giants on the Hunt Oil & gas companies are sitting on a record amount of cash. After the return of triple-digit oil in 2022, the 25 largest North American E&Ps exited the year with an estimated $85 billion in cash sitting on their balance sheets. This year, they're projected to produce somewhere between $70 billion and $90 billion in cash-flow generation... and through 2027, average roughly $60 billion per year. [That's a ton of dry powder looking to be put to good use.]( In the E&P space, this is vital. A friend of mine liked to refer to the U.S. as "The Saudi Arabia of Natural Gas." We eventually became the "Saudi Arabia of oil" too, thanks to shale plays like the [Permian]( Eagle Ford, Marcellus, Utica, and the pivotal Green River Formation. Of the estimated 8 trillion barrels in shale oil reserves worldwide, 6 trillion barrels are found here in the U.S. Shale deposits are uniquely American. And the race is on to tap these reserves and control the largest footprint possible. [That means giants with deep pockets are on the hunt for merger & acquisition (M&A) targets.]( Often, the only way for a company to expand its presence in shale basins is by taking over a smaller company with attractive parcels. In October and November 2022, Diamondback Energy (Nasdaq: FANG) gobbled Firebird Energy and Lario Oil & Gas in the Midland Basin for a combined $3.14 billion. At the same time, Marathon Oil (NYSE: MRO) snatched up Ensign Natural Gas in the Eagle Ford for $3 billion. Already this year, Pioneer Natural Resources (NYSE: PXD), the largest U.S. independent oil & gas producer, was rumored to be looking to acquire Range Resources (Nasdaq: RRC). And then Exxon Mobil (NYSE: XOM), the largest investor-owned oil company in the world, is sniffing around about acquiring Pioneer. But this is just the beginning of what's about to unfold. Remember, good deals get done. The macroenvironment or political headwinds don't matter. If there's money to be made, an advantage to be had and the price is right, handshakes will be given as the ink dries on the lines of contracts. TXO's IPO in January was ignored. And that's a mistake. The debut signaled a major change for the U.S. oil & gas was underway. And it marked a precursor to the tsunami of cash sitting on the sidelines that will be flooding into M&A activity in the days ahead. Investors must position themselves now. And knowing the right companies, sitting in the right basins will lead to the biggest gains while everyone else is racing to catch up. This situation is so important that Garrett {NAME}, Money Morning's Executive Publisher, is reviewing five prime targets - all small companies - tonight at 8 p.m. ET. [Sign up by clicking here.]( Drilling down the details, Matthew Carr --------------------------------------------------------------- [Crypto is about to disrupt a $6 trillion industry]( Every Dollar You Could Make With Bitcoin... [Tom Gentile Has a Plan to Deliver 10X More With Microcurrencies Instead!]( You are receiving this e-mail at {EMAIL}, as part of your subscription to Inside Money Morning. To remove your email from this list, [unsubscribe here](. 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