Morning Joe

By Paul Sankey Published on January 5, 2021 at 8:41 AM

Valero webinar today! Me vs CEO Joe Gorder and team. Not too late to register on www.sankeyresearch.com Briefly OPEC+ noted: Russia wants to increase production, to satisfy its own private oil companies and probably thinking of inflicting sustained pain on US E&Ps as much as anything. Saudi wants to maintain cutback discipline, probably concerned about future oil supply shortages if the global industry faces another year of low prices in the $40/bbl on high OPEC […]

Read More

Morning Valero Darling

By Paul Sankey Published on December 30, 2020 at 8:35 AM

We continue to focus on refiners as we move towards our Monday January 4th refining conference. Register interest above. Before moving on to the subject of Valero and renewable diesel, it is worth noting that while the Dakota Access Pipeline situation is a known negative for PSX, as covered yesterday, the company is clearly, alongside Valero, the premium US refiner. In both cases, highly capable and credible managements led by well-established CEOs – Greg Garland […]

Read More

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 […]

Read More