Ovintiv Q2 2020 Results

By Paul Sankey Published on July 28, 2020 at 9:47 PM

Why didn’t we pursue this strategy BEFORE the crisis? Harry Hindsight with his take on OVV’s Q2 results. Continue reading

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Morning Sankey Biden Time

By Paul Sankey Published on July 15, 2020 at 8:50 AM

Washington Brief: the latest Biden energy plan announced yesterday is essentially roll up of the AOC/Bernie Sanders Green New Deal and Nancy Pelosi’s recent HEROES Act, not passed by the Senate, which represent huge – multi-trillion – US$ government spending. Intelligence from Washington: if the Democrats sweep in November, it’s happening. Intelligence from Washington: will the Democrats sweep in November? Yes. These are opinions based on public facts, but informed and respected opinions. Meanwhile, also […]

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Morning Sankey 7/13/20

By Paul Sankey Published on July 13, 2020 at 7:40 AM

Well, there goes another bankruptcy. Hi Crush ($HCR), the Frac sand play has filed with some $500m in debt. As readers of the Sunday Sankey yesterday https://www.sankeyresearch.com/2020/07/12/sunday-sankey-7-12-20/ can see , the collapse in US E&P activity has been extraordinarily severe in terms of rigs, and equally severe in terms of Frac Spreads. Running at 350 crews as recently as Mid-January 2020 (see chart below), by May 2020 spreads dropped below 50 and currently stand at […]

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