By Paul Sankey
Published on February 8, 2026 at 7:39 PM
We sent you a note on Uranium this morning, and so will keep this brief. I said I would do return a favour to Hedge Fund guru Doug Garber and join him on a podcast, and now I am being thrown in as a Venezuela expert. Which is the old “tallest dwarf” joke, but here it is, Friday February 13th, don’t forget Valentine’s Day next Saturday: https://shorturl.at/hzIn7 ~ Our note on last Friday’s: “XOM for …
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By Paul Sankey
Published on January 25, 2026 at 4:27 PM
Greetings, Presumably you have power, if you are reading this. Good for you. I bought an emergency power pack yesterday: “Anker Portable Power Station SOLIX C300, 288Wh LiFePO4 Battery, 300W (600W Surge) 140W Two-Way Fast Charging, for Outdoor Camping, Traveling, and Emergencies (Solar Panel Optional)” so we should avoid an outage. Or get a three day outage that renders that wee power block absurdly under-sized. It cannot run a heater, for example, you need 1,000W …
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By Paul Sankey
Published on October 26, 2025 at 7:31 PM
How does value get created and transferred in major energy companies? This past week we had Q3 earnings reports from an interesting representation of key US energy theme companies: Valero in refining, Matador in US exploration and production (E&P), Baker Hughes in transition from oil field service to new technologies, and GE Vernova as a play on “picks and shovels”: for US power demand growth. ~ And the winner was? Not the cheapest (Matador), not …
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