By Paul Sankey
Published on January 11, 2022 at 9:38 AM
Make a good call, they always play out really fast and leave you wondering what’s next. We left last year predicting a bad January but a good year for markets, and a good year for oils. Markets have been quite the ride, notably yesterday the NASDAQ was crazy, while the oils have been good. In our cross plot of performance shown below, it is clear that some 2021 laggards are ripping this year, notably refining. […]
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By Paul Sankey
Published on January 7, 2022 at 9:02 AM
This morning! PSX Phillips 66 Call 11am ET fireside with Greg Garland, Chairman & CEO, Mark Lashier, President & COO, and Jeff Dietert, IR. This note has a brief history of PSX. Register here: https://www.sankeyresearch.com/2022-refining-conference/ There have not been Friday jokes for quite some time. You will never believe the theme: What’s the most positive thing about 2022 so far? COVID tests. We are mystified that people are so angry about Djokovic being an anti-vaxer. His […]
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By Paul Sankey
Published on November 29, 2021 at 11:01 PM
Busted flat in Baton Rouge, waiting for a train… ExxonMobil has called a historic snap analyst meeting for this Wednesday 1st December. The first meeting under a new, externally appointed, CFO, former Diageo executive, Kathryn Mikells. She is now in charge of finance, strategy, communication, and investor relations (IR). Kathy already refreshed her first earnings call, Q3 2021, interjecting, freely commenting, communicating; the company also gave clear guidance over what to expect from this update […]
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