By Paul Sankey
Published on December 1, 2023 at 11:17 PM
“How was dinner with Chevron last night?” asked several clients: My reply: “It was a thirty person private event with lashings of sycophancy, glooped in an ingratiating gravy.” “Yeah” replied a client “I figured, from the sellside notes this morning.” The obsequious sellside is made more striking, because the buyside is currently negative on Chevron. I mean look at the price chart. Hey, the buyside are getting really negative oil. They are pretty negative natgas. …
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By Paul Sankey
Published on November 30, 2023 at 9:52 AM
It’s a good day today to be having dinner with the CEO of Chevron, hosting a sellside dinner tonight in NYC. Sorry, they blew up Happy Hour for this week, but next week we have Tourmaline management. Great for North American natgas. Last night I had dinner with Manchester University Alumni, and sat next to a macro mutual fund manager (multi family office). “How is global liquidity?” I asked. “Much higher than people think” was …
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By Paul Sankey
Published on November 12, 2023 at 5:10 PM
*** SAVE THE DATE JANUARY REFINING CONFERENCE MIAMI WEDNESDAY 3RD JANUARY *** Our 13th annual January Refining conference will be HYBRID – either join us in the room in Miami Beach or participate by Zoom for a CEO/Senior Management discussion. We have commitments from major refiners, and a Super-Major CEO provisionally confirmed for small group dinner that evening of January 3rd. We are finalizing the schedule. Let’s not be coy, Goldman’s major energy conference is …
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