By Paul Sankey
Published on March 3, 2022 at 9:00 AM
Strategy Session Tonight, Mark Viviano & Megan Hays of activist Kimmeridge. A former Portfolio Manager at mega-player Wellington Management, Mark leads the first public/private active funds at Kimmeridge, one of the top activist managers in the oil space. Megan Hays has joined Kimmeridge after 15 years of IR experience including Concho and Cimarex, and even allowing for that length of experience, still recently rated as one of Hart Energy’s “40 under 40.” Please click this […]
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By Paul Sankey
Published on February 25, 2022 at 9:21 AM
Calls: pushing $MRO. 15% cash return to shareholders this year at least. Thematic note available. Yesterday was a puff move from solar, wind, but E&Ps fell, makes no sense. We like the thematic theory that you buy wind on Russia invading Ukraine, but we think this was a short covering move/macro move (the market rip yesterday led by solar). Short term trade, short oil into coming Iran deal, then buy the weakness (commodity, stay long […]
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By Paul Sankey
Published on February 6, 2022 at 4:16 PM
We have a big Renewable Diesel note coming later today, so in recognition of your Sunday time, just a couple of points on next week. Valero management are in New York City Monday/Tuesday. See what we are doing here? Our Renewable Diesel note is not published tonight by happy accident, it is a cunning plan. One Valero event is a Mark Mills presentation, presumably he of the Manhattan Institute and steely-eyed critic of the energy […]
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