PBF & PBS Strategy Session

By Paul Sankey Published on April 8, 2022 at 8:53 AM

China rant PBF – Q1 likely half messy, but finishes running strong into incredible margins as Q2 starts Sankey Recommends: Liverpool vs Man City Premiership decider tomorrow – two of the best club football teams ever to play, at their peak. PBF CEO Tom Nimbley, President Matt Lucey, CFO Erik Young, and IR Colin Murray were on good form on Strategy Session yesterday evening. Nimbley started his career in refining in the 1973 oil price […]

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Uzi as 2-1-1

By Paul Sankey Published on April 1, 2022 at 8:32 AM

As Uzi Yemin pointed out on our Strategy Session yesterday, I have been talking to him for years, and we have known bad times and good times. In fact, he threw me off the 2006 initial public offering (IPO) of Delek USA for telling him what I thought of his company, after he told me to be honest. So our relationship started poorly. Subsequently we have become great friends. I have the highest respect for […]

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Uzi said then done

By Paul Sankey Published on March 31, 2022 at 9:26 AM

We have the perfect guest on Strategy Session tonight at 5pm – Delek CEO Uzi Yemin, a refiner who actively buys oil from the Strategic Petroleum Reserve. One interesting line from regular guest Kathleen Kelley – the expected 1mb/d SPR release announcement strongly implies no Iran deal. Houthi attacks on Saudi – who squarely blame the Iranians for Houthi support – have further reduced the likelihood of a deal. She also states that the move […]

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