By Paul Sankey
Published on November 13, 2021 at 8:07 PM
Saturday: there’s an unrelenting element to being a stock analyst. “You are only as good as your last note.” The need to constantly publish is relentless. With that in mind, it has been my intention to write an oil book. Something that can sit on a shelf. One of my favourite oil books is Anthony Sampson’s “The Seven Sisters”, which provides a brilliant, and concise, history of the seven major oil companies that formed the […]
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By Paul Sankey
Published on November 4, 2021 at 10:24 AM
OPEC Meeting live debating: who is Brandon? Continental shareholders overwhelmingly love the $3.3bn deal for marginal acreage in a new basin Meanwhile at seller Pioneer $1bn more than the asking price for non-core acreage; $3.02 special Final natgas injection number of the week (withdrawls start next week for winter)? The Biden Administration does not seem to understand oil, and more particularly how much spare capacity there is in OPEC. Here’s a quick lesson in global […]
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By Paul Sankey
Published on October 24, 2021 at 2:29 PM
Huge week for earnings on deck this week, just about 50% of the market cap of the S&P500 reports, and to celebrate, the traditional Sunday Sankey is back with a full presentation attached. Sample slide: Bloomberg lists Kuwait’s oil production capacity as 3.08mb/d. In the slide shown in the Sunday Sankey presentation today from the authoritative MEES, Kuwait’s production capacity has dropped by more than 500,000 b/d over the past three years to just 2.63mn […]
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