Monday, November 14, 2022

Monday -- Everything Pending -- November 14, 2022

EOG: Fitzsimmons -- link here;  

  • EOG has ~11,500 "premium" wells that can generate an IRR of 30%+ at $40/bbl WTI and $2.50 MMcf natural gas.
  • That being the case, EOG has just been killing it in the high-priced O&G market of 2022. Indeed, YTD EOG has declared $8.80/share of (base+variable) dividends for its shareholders. 
  • But EOG isn't just about income. Indeed, since my BUY rated article in May 2021, the stock has delivered total returns of 100%. 
  • With a strong inventory, and new prospects in the Powder River Basin, the Utica, and the Dorado gas-play in South Texas, EOG has a robust and sustainable business model.

Price of gasoline:

  • with the mid-terms over, there is no pressure to keep the price of gasoline down. Nada. Zilch. None.

Diesel:

META: cancels development of health and messaging-focused smartwatch;

  • an abrupt end to the company's plans to directly compete with the Apple Watch;

ASML: link here

Monet: born this date, 1840.

Peter Zeihan: archives.

Wow: here and here.

Earnings:

Oil:

Permian:

Norway:

    Semi-conductors:

    Mortgages: US vs the rest of the world

    Autos: GM vs Ford

    Crypto:

    Bezos: must be reading the blog;

    The cloud:

    Ukraine: wow.

    Global population: Africa.

    Dallas Cowboys:

    • inexcusable; even Stephen A. got this one wrong;

    Schwab / TDAmeritrade:

    Renewable energy:

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