By Paul Sankey
Published on August 4, 2024 at 2:11 PM
We attended a big high-end Italian wedding in New Jersey yesterday, which was a great privilege. If a wedding church service is in Hoboken, and the father of the bride is an “old school bond trader” lavishly hosting 350 people at a top New Jersey wedding venue, how great do you think the crooner strolling through the crowd in black tie doing the Sinatra covers, sings? “Old school bond trader?” I asked the father of …
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By Paul Sankey
Published on June 1, 2024 at 12:27 PM
“That must mean we’re up here at Gobbler’s Knob, waiting for the forecast from the world’s most famous weatherman, Punxsutawney Phil.” Phil Connors (Bill Murray), Groundhog Day (1993) We are back to writing about E&P M&A … again. Our conclusions are broadly unchanged: Big companies are being incentivized by the market to take over the small, but with an evolution on the margin that finds asset quality now of equal importance to valuation; we are …
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By Paul Sankey
Published on May 30, 2024 at 10:38 AM
Focus OPEC for the next two Happy Hours. At 4pm today, this evening a quick check-in with Kathleen Kelley “OPEC Whisperer” into this weekend’s meeting. It’s not long since we did a full session with Kathleen, so this evening is a quick tyre-kick. Next week, going into much more depth on oil markets, we have barrel counting legend Mr Jan Stuart, energy market economist, and my first office-mate at my first post-college career job: we …
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