By Paul Sankey
Published on March 20, 2025 at 8:23 AM
TODAY will be Diamondback CEO-designate Kaes Van’t Hof on Happy Hour, 4pm ET. Premium event. Register here. This might be the best-timed C-chat we have ever had. https://sankeyresearch.com/conference/sankey-strategy-session-diamondback-cfo-president-kaes-vant-hof-interest-form/ Great timing? According to very limited reports Diamondback is fresh from meeting Mssrs Trump, Wright, and Burgum at the White House, don’t have the exact corporate execs in attendance, but there is an unofficial list of the companies. Nobody energy company seems to want to say much, …
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By Paul Sankey
Published on March 6, 2025 at 8:02 AM
This is about OPEC+ AND demand, in this note we look at the latest US oil data, and tell a personal story about Elliott-for-PSX Board candidate Al Hirshberg. Using distillate (diesel) as our proxy, the fuel of transporting goods, as our proxy for economic activity, we find an abrupt and alarming change in the shape of distillate timespreads, where the fall from a smidge of backwardation has given way to outright collapse. If this is …
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By Paul Sankey
Published on February 12, 2025 at 8:56 PM
You can bet tomorrow during our 10:30am call with Valero management, that the whole call will explode with laughter, because Valero is a tremendous group of people. Remember, nice guys ‘n’ gals can finish first. Look forward to it, please join. Note the offbeat time. Tomorrow Thursday 13th February 10:30am ET: Valero CEO Lane Riggs, CFO Jason Fraser, COO Gary Simmons, IR Homer Bhullar Registration Link – https://sankeyresearch.com/conference/sankey-refining-conference-valero-interest-form/ ~ Questions for management? With Valero operationally …
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