Roger Conrad

Managing Partner,

Capitalist Times

  • Co-Founder and Chief Editor of Capitalist Times
  • Publisher of Energy and income Advisor and Conrad's Utility Investor
  • MoneyShow Contributor Since 1989

About Roger

Roger Conrad has successfully advised income investors since the 1980s, with a nationally acclaimed sector specialty in utilities, telecommunications, and energy. He's a managing partner at Capitalist Times LLC and author of the book Power Hungry: Strategic Investing in Telecommunications, Utilities, & Other Essential Services. Mr. Conrad is also an independent director of NYSE-listed Miller Howard High Income Equity Fund and contributing editor to

Roger's Articles

Owning AT&T Inc (T) — a Top Pick for aggressive investors — has been an exercise in patience since the retirement of visionary CEO Ed Whitacre, who combined wireline and wireless franchises of four “Baby Bells” and several regional service providers, suggests Roger Conrad, editor of Conrad's Utility Investor.
Dominion Energy (D) — a Top Pick for conservative investors — raised the mid-point of projected 2022 earnings, after reporting Q3 at the top end of its guidance range, notes Roger Conrad, utility sector expert and editor of Conrad's Utility Investor.
Utility investment plans require regulatory consistency to be successful — and for WEC Energy Group (WEC), November election results were pretty close to optimal for its $20.1 billion, 5-year CAPEX plan, explains Roger Conrad, editor of Conrad's Utility Investor.
Owning shares of AT&T Inc (T) has been an exercise in patience since the retirement of visionary CEO Ed Whitacre — who forged the modern company by combining wireline and wireless franchises of the Baby Bells, suggests Roger Conrad, editor of Conrad's Utility Investor.

Roger's Videos

After a more than a seven-year bear market, energy stocks are again the market leaders. Energy and Income Advisor readers have enjoyed multiple opportunities to buy very low the past two years, starting with our bottom tick call in April of 2020 and more recently our six top picks for 2022. That group has beaten the S&P 500 by almost 50% year-to-date.

Amazingly, the emerging conventional wisdom is that the days of $100 plus oil are numbered. And once fallout from Russia's invasion of Ukraine loses its sting, prices will come crashing back to earth, as oil and gas are replaced by wind, solar, and electric vehicles.

The result: your last, best chance to buy high-quality energy stocks cheap, including producers likely to double from these prices, midstream companies yielding nearly 9% that are once again hiking payouts at double-digit percentage rates, and takeover targets in line to bag offers as much as 50% above current prices, within a matter of months.

In this discussion, we will:

  • Highlight the drivers of the energy stock returns and where this super cycle is likely to peak.
  • Unveil our four top energy picks for the rest of 2022 and beyond.
  • Unmask energy stocks you'll still want to avoid.
  • Answer your questions about all things energy.

At mid-year, Roger Conrad highlights some of the best performers and their current outlook on these Top Picks.
Speaking at MoneyShow Las Vegas, Roger Conrad shares ideas about water recycling in energy exploration: Pioneer Natural Resources (PXD) and Veolia Environnement SA (VEOEY).

Newsletter Contributions

Conrad's Utility Investor

Roger Conrad has provided in-depth analysis of the utility sector to individual and institutional investors for more than 20 years. Conrad's Utility Investor is your complete guide to building a lifelong income stream from stocks that provide essential services.

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