Sunday Satya

By Paul Sankey Published on February 4, 2024 at 6:07 PM

Greetings, Having started last week upbeat on Big Oil results vs the market, expounded in this note last Sunday, my mood darkened throughout the week, culminating in depressed mood by Friday. Why? This oil sector’s performance vs the market. On Friday, with me optimistic on an earnings beat, ExxonMobil released its Q4 2023 results with a beat, right enough, and announced Q4 capex above Q3’s guidance. You can imagine the groan from Sankey Research HQ, …

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Sunday Thematic: Virginia & the Data Center (Natural Gas) Power Hogs

By Paul Sankey Published on January 28, 2024 at 4:54 PM

Good day to you, We have a brief outlook for the week ahead, which is massive for earnings. Big Oils, and companies like Amazon and Apple. Speaking of Amazon and Apple, these past couple of days I got completely side-tracked by the Virginia power market. Why? Because that market arguably represents the cutting edge of global economic development, being by far the biggest data center market in the world, and one that will be an …

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