At the close Sankey 5/6/21

By Paul Sankey Published on May 6, 2021 at 4:16 PM

Some quick notes: Low Key Happy Hour tonight, tell me if you are interested. 5pm ET. Clashes with some results. Notably EOG and ET Energy Transfer. Market expects a huge beat from ET on Texas storms, after Kinder blew it out. On EOG, we have seen some market darlings such as XEC with mixed results. Expectations would be high that EOG management quality handled the storm well. There is low expectations for a Devon-style surprise […]

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Morning Sankey 4/13/21

By Paul Sankey Published on April 13, 2021 at 9:05 AM

It seems pretty blatantly obvious that Putin is going to invade east Ukraine and join Russian rebel-held territory (see map in Sunday Sankey). He did it with Crimea. Not really a lot you can do, shall we ask Ukraine expert Hunter Biden for his take? There will be a domino effect, because the next question becomes what do you do if China invades Taiwan, given troop build-ups are as big in naval terms in the […]

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Morning Mood Swing 3/30/21

By Paul Sankey Published on March 30, 2021 at 8:26 AM

Get ready for a dump of April Fool’s Day OPEC jokes as the Organisation meets formally this week, culminating on Thursday April 1st. Rollover is seen as the most likely outcome, which would be for April, Saudi extending its market control, with recent volatility in oil prices – ie downside moves – seen as the key concern. It’s a never-ending wonder trying to forecast oil markets, and now to be in new era. Here, we […]

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