Sit Chat Get Banged

By Paul Sankey Published on May 20, 2022 at 10:47 AM

Strategy Session was back to the round table stock discussion. It was sufficiently enjoyable that we will now have a monthly round table on stock ideas. Next week we have Tourmaline, week after Bob McNally. In between, Memorial Day is a week Monday, check the whites in your wardrobe and start yelling at the pool guy’s voicemail. Companies mentioned last night: Long Inventory E&P’s. We discussed oil volatility and beta skew as oil holds over […]

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Silver Linings

By Paul Sankey Published on March 15, 2022 at 8:55 AM

Emailed question from DC this morning: I’m so confused – why is Brent now below $100??? I thought it would just keep rising and rising! Sankey: Shenzen shutdown is the big one. Also deeply discounted Russian oil coming to market. Also emergency stockpile releases. Also seasonally weak time for demand. In other news, the scale of Devon’s airdrop yesterday relative to a weak sector gives rise to chatter that an M&A deal is coming (and […]

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Marathon Oil: Orderly Liquidation & the Inactivst Investor

By Paul Sankey Published on February 21, 2022 at 7:53 PM

In the grand scheme of things, Putin didn’t “further invade” as Kamala Harris had warned him not to, last week. But you might want to buy a US E&P or two nothwithstanding. This theme note is on Marathon Oil. Contact me for the pdf if you do not receive my email. The old Sankey joke about covering oil stocks: “this job is easy; all you have to do is get the oil price right” broke […]

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