By Paul Sankey
Published on May 11, 2022 at 8:52 AM
Recommending BUYBACK PLAYS in this tape. We love the Diamondback approach of buybacks when the stock is cheap, specials when the stock is expensive. PREMIUM EVENT Sankey Strategy Session: Kaes Van’t Hof – President and CFO, Diamondback Energy This Thursday May 12, 2022 05:00 AM US Eastern Time. Register Here: https://us02web.zoom.us/meeting/register/tZ0rcuyorD8rEtFYFdOdB79bWBSDY7MFzYzP ~ Legendary oil executive Steve Chazen on yesterday’s Magnolia $MGY conference call; “I think that the re-evaluation of the industry from 4% of the […]
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By Paul Sankey
Published on May 10, 2022 at 9:32 AM
Just as Monday saw the US oil sector absolutely wrecked in a sell-off tape, so the day closed with Ovintiv disappointing with the guidance old classic: lower volumes, higher capex. While the company upgraded its cash returns outlook, the fact that capex was increased with OVV having only just set guidance in Q1 and having spoken of having locked-in 100% of frac pricing and over 80% of its other capex costs, undermines confidence quarter-to-quarter. The […]
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By Paul Sankey
Published on May 8, 2022 at 12:55 PM
Few, As they say on the internet. Today we have a PORTFOLIO MANAGER SPECIAL in the presentation, which includes a full glorious ppt on the largest stocks in the market, and for bonus, a Sankey Recommendation on each stock. The oils look great on these charts. The recommendations on names like Google (BUY) or Disney (SELL) are purely quanatitive interpretation of charts, we do not cover non-energy related stocks fundamentally. So this is quantitative analysis, […]
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