CVX-Hess Feedback? Pushback.

By Paul Sankey Published on May 23, 2024 at 9:48 AM

This evening 4pm – Strategy Session Greg Bordelon on “Model Portfolio” featuring Jim Mooney. Portfolio Manager Death Match, Greg Bordelon vs Jim Mooney. The two friends and former colleagues at Millennium will debate process and application in running money in the oil and oil adjacent sectors. Both fabulously smart, experienced, knowledgeable, I am really looking forward to what they have to say. Register here: Sankey Strategy Session | James Mooney – Interest Form ~ Feedback …

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CVX-Hess Vote: A Toucan in the Hand is Worth Two in the Amazon Jungles of Guyana

By Paul Sankey Published on May 22, 2024 at 8:58 AM

Hess for Chevron sale shareholder vote Is next week 5/28 Source: Sankey Research, companies for logos Understood that Hess has a high level of passive ownership, around 30%, and insider ownership, around a further ~10% controlled by John Hess. It was therefore seen as a relatively straightforward vote that would be approved, until ISS recommended shareholders vote “Abstain” NOT “Yes”. But ISS seemed to be backward looking, disapproving the deal as agreed, rather than looking …

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Sunday Code Ed

By Paul Sankey Published on May 19, 2024 at 4:33 PM

Congratulations, All but made it! You are in striking distance – a week – of Memorial Day; the hard yards for 2024 are behind us, the brutal January-to-Memorial Day run. Summer is upon us, dust down the seersucker jacket, linen white pants, fabric shoes, break out the Sunday Sankey recipe for Pimms, the great British summer drink, Wimbledon, Henley, Ascot beckon. Or a hot dog at the .444 Mets – the stadium is great! Why …

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