By Paul Sankey
Published on February 11, 2024 at 5:05 PM
Good day, We sent you a juicy note on Devon $DVN yesterday, “STOP. Unleash the FANG Within”. Plenty to read there, and a Valero paean “right now the best refining margins in February history” came out Friday afternoon. BREAKING: 2/11/24 (Wall Street Journal) — Two Permian rivals, Diamondback Energy and Endeavor Energy Resources, are finalizing a merger that would create an oil-and-gas behemoth worth more than $50 billion. Diamondback could announce a deal with the …
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By Paul Sankey
Published on January 28, 2024 at 4:54 PM
Good day to you, We have a brief outlook for the week ahead, which is massive for earnings. Big Oils, and companies like Amazon and Apple. Speaking of Amazon and Apple, these past couple of days I got completely side-tracked by the Virginia power market. Why? Because that market arguably represents the cutting edge of global economic development, being by far the biggest data center market in the world, and one that will be an …
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By Paul Sankey
Published on December 31, 2023 at 4:45 PM
Happy New Year’s Eve, Brooklyn Heights. Three nephews are staying with us from Mexico, they left this morning at 9am… to join the line for the holding pens at Times Square. The pens are opened at 11am, so they will be in line for two hours, then to be admitted to be penned for 13 hours, for the midnight ball drop. Incidentally the ball drop was introduced over 100 years ago when fireworks were banned …
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