Thursday, May 6, 2021

The YOLO Of CLR -- May 6, 2021

One could blog 24/7 and still not post everything that needs to be posted. 

This absolutely makes my day but after posting this, I have to quit. Sorry, Suzanne. 

Over at social media someone notes that MRO will cut out its corporate jet fleet

The general heading: "they should have done this a year ago."

But then look at this reply:

Agreed (should have cut the corporate jets a year ago), for sure. But ... I gotta some credit, too: MRO making all the right noises now and about to de-level "quickly."

Decent rate-of-change name for a higher deck. Not the quality of DVN obviously or full YOLO of CLR but some nice upside.

Okay, so let's go through that.

The comment was made by an analyst with street cred. It behooves me to pay attention.

"Not the quality of DVN...." Of the thousands of oil companies out there the first one that gets the nod: DVN! I know nothing about DVN, and had never invested in it, never followed it, but all of a sudden I own a lot of shares of DVN. Pure luck. 

The other day Motley Fool asked the question: which are the three best oil companies to own? Their answer: Chevron, Conoco, and Devon.  

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

Then, "... [not the] full YOLO of CLR ..." Wow, someone else noticed. I call CLR's activities in the oil patch "damn the torpedoes, full speed ahead." Someone also noticed and refers to it as YOLO. LOL. I've thought the very same thing. Who else but Harold "YOLO" Hamm would put together a 56-well unit -- without unitizing it -- and drilling it out over three years with one rig. LOL. What a hoot. 

Okay, I could blog 24/7 and never get caught up, so I'm going to quit here. 

One last thing, clearing out the in-box --- speaking of Devon ... from social media:

Lights off, on the balcony watching the ships come in, and headphones on, ...

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