Theodore Roosevelt: Industry Standard-bearer

Teddy Roosevelt

For decades, it has been popular for politicians and the media to portray the energy sector as a begrimed example of what needs to change in America. All the while, the industry continues to provide low-cost energy and well-paying jobs at times when the country needs both.

Faced with a public and political class that has little appreciation—and in some cases outright scorn—for its contributions, it would be understandable if industry participants felt like throwing in the towel. However, those who give their best everyday would do well to remember the words of Theodore Roosevelt. Continue reading “Theodore Roosevelt: Industry Standard-bearer”

Gardner Denver’s Dance Card to Fill Up Fast

Dance Card

Late last week, Gardner Denver acknowledged it has engaged investment bankers at Goldman Sachs to help evaluate potential strategic alternatives, including sale of the company.

The company’s stock price jumped with the news. However, there’s reason to believe an eventual sale of Gardner Denver could be done at a price materially above current stock-price levels, especially since its shares seem to have been trading at a discount prior to the run-up. Continue reading “Gardner Denver’s Dance Card to Fill Up Fast”