By Paul Sankey
Published on November 4, 2026 at 7:35 PM
Oof well, we have been working a lot on refining valuation these past weeks, and the refiners got absolutely smashed today. Shout out to the trading desk (I can give you their name but don’t have permission right now to quote) for calling $350/share as the bounce point in Valero, which was down over -10% (low $347.25, -10.4% intraday) at that point, the trader nailed the call in an email to clients. Old School Peabody …
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By Paul Sankey
Published on October 29, 2026 at 10:07 AM
Terrific Happy Hour at 12pm – very shortly – with Robin Mills, a stone-cold Dubai-based geopolitics & energy expert, who was excellent on our prior call in March this year. Guest – Robin Mills, Non-Resident Fellow at the Center on Global Energy Policy & CEO of Qamar Energy. TODAY Thursday 10/29 at 12pm ET *** Note Time *** (to accommodate Robin live from Dubai where he is based). Registration – https://sankeyresearch.com/conference/sankey-strategy-session-robin-mills-interest-form/ Full bio at end …
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By Paul Sankey
Published on September 27, 2026 at 6:43 PM
This morning getting coffee was a wet and blustery experience. That said, my backyard (surrounded by buildings) weather station records 0.6” rain and 20mph wind peak gust (JFK recorded a 56mph gust, but flights basically fine). Nor’Easter fake news? It is more lively out on the Brooklyn Heights Promenade for sure, and the tide is lapping as high as I have seen it along the shore in Brooklyn Bridge Park. The main observation is that …
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