Morning Sankey 3/18/21

By Paul Sankey Published on March 18, 2021 at 8:49 AM

Yesterday’s DOE data was brutal for US refiners and particularly PBF. We had been hoping for a much more bullish picture – we got increases in crude AND product inventories. Imports surged particularly into New York Harbor – hence the PBF reference – as European refiners, desperate for market, scramble to attack the surge in gasoline prices caused by the Texas Crisis. This should be a brutal month for refiners, as the quarter ends and […]

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Morning Sankey 2/3/21

By Paul Sankey Published on February 3, 2021 at 9:40 AM

Pondering the results and performance of Marathon Petroleum and ConocoPhillips, led me to thinking to what is really working for clients. The answer below is solar, but onwards! The issue is that Marathon Petroleum is mildly outperforming the XLE energy ETF, ConocoPhillips under-performing, so what? This is a swing for the fences market. Note we do have speculative stock picks, and investment stock picks every week in the Sunday Sankey, and these are both on […]

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Morning Sankey 12/28/20

By Paul Sankey Published on December 28, 2020 at 9:00 AM

Good morning! Back from a week in Springs, out in the Hamptons. In retrospect I should have not only logged off, as I did,  but also deleted Twitter, where the tag of the week was “ATH” All-Time High, and an upsetting drivel of “I told you so” posting on Bitcoin and Tesla, among others. Most interesting Twitter post came from Lightshed, a fellow AnalystHub platform (which hosts Sankey Research for compliance etc) covering media, with […]

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