Quote of the day: The only thing more powerful than hate is love

Energy Transition
Paul Sankey

Morning Jake & Jeanine, MbZ vs MbS

This very evening, later today: Happy Hour Strategy Session; 4PM ET, Zoom, Chevron featuring Jake Spiering, who has just had a massive promotion out of Investor Relations, to replace retiring Frank Mount, President, Corporate Business Development “Head of M&A”. We also feature Jeanine Wai, who is incoming Chevron IR, and former Chevron employee who subsequently was a top sellside analyst and most recently head of US IR for TOTALEnergies. Register here for this evening’s chat.

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Energy Transition
Paul Sankey

Sunday Looking for Kilos as Bells Toll

Dear Client, It is not a joking matter, but it turns out that I am in the Epstein files. My friend’s (London-based) son in High School is doing a little intern work for me, on the weekly DOE data. He took the initiative, shall we say, to search the Epstein email dump for “Paul Sankey”. And there I am, mentioned in passing. In 2013, Epstein was invited as a client by Deutsche Bank wealth management

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Energy Transition
Paul Sankey

Morning BP Return on Actual Capital Employed

Tomorrow, delighted to say we have an oil market expert for your delectation on Happy Hour – 4PM ET Willie Chiang CEO of Plains All American who has just been extended as CEO. https://sankeyresearch.com/conference/sankey-strategy-session-plains-all-american-interest-form/ ~ Tomorrow, we have two $1bn EBITDA companies reporting that might just blow the doors off on results and guidance tomorrow. Darling Ingredients (DAR) has been on a tear particularly since Valero results. As you know, DAR is a key reason

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