Ding-a-ling Santa Stavros on Happy Hour now + Refining Conference

By Paul Sankey Published on December 18, 2025 at 2:12 PM

Chris Stavros Happy Hour now at 4pm ET. https://sankeyresearch.com/conference/sankey-strategy-session-magnolia-ceo-chris-stavros-interest-form/ Refining conference! Jan 5 @10:00am – Marathon Petroleum – Maryann Mannen, CEO + team Jan 5 @11:15am – Greg Goff – Senior Refining Executive Jan 5 @1:00pm – Delek – Avigan Soreq, CEO & Mohit Bhardwaj, IR Jan 5 @2:00pm – Par Pacific – Will Monteleone, CEO & Shawn Flores, CFO Jan 9 @11:00am – PBF Energy – Matt Lucey, CEO & Joe Marino, CFO Jan 12 @3:30pm – Phillips66 – Mark Lashier, CEO, Kevin Mitchell, CFO & Jeff Dietert, IR Feb 4 @4:00pm – VLO – Lane Riggs + …

Sunday Just Because You are Paranoid

By Paul Sankey Published on December 7, 2025 at 4:42 PM

Snow! To break the jinx, I didn’t mention it this year, but tradition dictates: “Go short oil after Labor Day”, and then, “BUY them again on the first snow in New York City. That’s December 5th”. Old school chat. December 5th, we had actually calculated, was the typical date for first snow in NYC. The analysis was seasonal, and the conclusion was that everyone expects US E&Ps, refiners, to trade seasonally, but actually we showed …

It’s Coming Home… Refining’s Coming Home

By Paul Sankey Published on December 3, 2025 at 11:45 AM

Tomorrow 4th December 4pm ET delighted to say we have James Walter, Co-CEO of Permian Resources, on our weekly Strategy Session. Like Rich Kruger, Suncor CEO, who was a guest a couple of weeks ago, these are not CEOs that appear at every Dog & Pony show, by any means, so it is a real pleasure to talk to James, who we can safely say, is impressive. Co-CEOS Hickey and Walter had enormous success with …