By Paul Sankey
Published on March 2, 2021 at 8:58 AM
Straw poll direct to major investors yesterday “Views on XOM? I am loosening up for analyst meeting preview (meeting is tomorrow Wednesday 3rd March). Faber on CNBC breaking on new board members Ubben and Michael Angelakis, CEO of the investment company Atairos and a former senior Comcast; Faber says both supported by activist DE Shaw”. Summary of the results/thoughts out of 100 market players would be as follows: of 100 investors, responses 9/10 bullish XOM, […]
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By Paul Sankey
Published on January 31, 2021 at 11:55 AM
The feeling is that oil price action this past week was very bullish given that it is traditionally-weak January and it held up vs US$ up and market down moves. Major clients are highlighting SPACs. We see the SPAC route as a major outlet to address the market imbalance between investment $ seeking renewable energy opportunities, and lack of renewable energy market cap plays. In today’s Sunday Sankey we replicate several slides published by Houston […]
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By Paul Sankey
Published on January 24, 2021 at 12:33 PM
“Does anybody in Washington care about the deficit? I mean 25% of all dollars ever printed were printed in 2020, and the total stimulus at $5trn, so far, exceeds the GDP of Germany… and Biden plans more…” I asked Frank Kelly, head of government affairs at DB, as we sat in Great Falls, just outside Washington DC, in a gastropub. We had driven past the preposterous mansions that line the road of this former farming […]
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