If it’s Happy Hour, Clap Your Hands – Hess, Chevron, Valero incoming

By Paul Sankey Published on January 30, 2025 at 10:03 AM

Greetings! Tonight on Happy Hour, we have legendary Mr Jay Wilson, HESS. which is always a great chat, and great timing with Hess having beaten estimates in Q4 earnings reported yesterday, but then held no conference call. So come with any questions. Register for Jay Wilson today at 4pm by Zoom here: https://sankeyresearch.com/conference/sankey-strategy-session-hess-jay-wilson-interest-form/ Hess beat the Street with $1.76 EPS vs Est. $1.49. Capex $1.68bn vs $1.52bn cash from operations. Hess delivered +18% year-over-year volumes …

Read More

Go West; CVX FTC Groan; Refining Scaring Me

By Paul Sankey Published on July 11, 2024 at 12:51 PM

Today shortly 2pm Rob West of Thunder Said on Happy Hour: Sankey Strategy Session | Rob West – Interest Form Chevron-Hess intraday Source: Bloomberg *CHEVRON-HESS DECISION DELAYED BY FTC TO AFTER EXXON ARBITRATION Guess it kind of makes sense, international asset or not, if the FTC wants to know the final nature of the deal before judging it. The bigger deal is the arbitration decision anyway, we think. Is there a timing agreement issue between …

Read More

Morning Shantih Shantih Shantih

By Paul Sankey Published on July 3, 2024 at 10:00 AM

Today graveyard slot, market shuts at 1pm, Greg Bordelon and I will do an “open mike” Happy Hour session today at 12pm into the close. Join us for a final act before July 4th. And remember that as an American you have a constitutional right to take the 5th . Next week Happy Hour we have Rob West, of Thunder Said Energy. Rob is clearly one of the best analysts, doing physics-based analysis, on Wall …

Read More