Paul Sankey: Oil Would Be Below $60 If It Weren’t For Saudi Production Cuts
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Show Notes
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Timestamps:
(00:00) Introduction
(00:55) Oil Market At "Equilibrium" Right Now
(08:51) “If It Wasn't For Saudi Production Cuts, Oil Would Be Below 60 Dollars, I'm Sure Of It”
(13:03) U.S. Oil Production Has Exploded
(18:25) VanEck ad
(19:07) The Mergers & Acquisitions (M&A) Cycle Has Begun In Oil (Diamondback-Endeavor Deal)
(25:40) Importance Of Inventory Quality (And Quantity)
(29:00) Management Issues
(32:38) Buybacks and Dividends
(35:50) Oil Companies With Strongest (And Weakest) Inventories
(38:07) Merger Arb In Deals That Haven't Closed
(44:43) How AI Will Impact Power Demand
(50:55) About Sankey Research
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.