Sunday Trading Places & Elmo

By Paul Sankey Published on December 3, 2023 at 5:14 PM

Right kids, how are we doing? There was a “Chevron: Dinner with Sauce” note sent yesterday which got strong feedback. One comment is that CrownQuest, the current $10bn reported Oxy takeover candidate in the Permian, will go for an “insane, all-time record” price per acre. We shall see, it might well not be to Oxy, the speculation is around Devon, ConocoPhillips, Diamondback, as other strong suitors. But we want to be short Oxy this week,…

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