Sunday, November 2, 2025

Clearing The Desktop; Big Story -- XOM In The Permian -- November 2, 2025

Locator: 49325XOM. 

PSX: a reminder that it is preparing to "idle" its Los Angeles refinery. Link here. 

XOM: taking a page out of Warren Buffett's playbook -- buys out legacy Siochem JV, expands in Midland Basin. Link here. Acquires 80,000 acres. Link here. Click on link to expand slides below. 80,000 acres for $1.7 billion = $20K / mineral acre. There are places in the Bakken that went for much more than that during the boom. Permian production is setting records. It sounds like $20K/acre is a steal.

And note this from 2023:

May 15, 2023: NOG acquires a small position in the Permian, paying upwards of $55,000/net acre. Also here. 


XOM's guidance on the Permian: link here. Click on link to expand the slides below.

The Permian is tracked here.  

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MMF -- Last Week October 30, 2025 -- Posted November 2, 2025

Locator: 49324MMF. 

Tag: MMF 

Stock market at record highs and money market fund assets increase. From where does all this money come? Gold and silver flirting with all-time highs. Same with crypto.

RMDs: so, anyway, were you able to answer the question I asked above -- where is all this money coming from? From September 11, 2025, link here;

Click on this tag: wealth transfer. My wife has already taken her RMD for this year; she's now watching her IRA surging -- gaining way more than she ever imagined and she's itching to make another withdrawal. It takes all I can do to have her wait to January 1, 2026, to take her 2026 RMD. I may or may not win that battle. LOL. But that's where a lot of this money is coming from.

Naysayers will say my argument is circular; I don't reply. The naysayers simply don't get it.

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The AI Buildout Shows No Signs Of Slowing -- November 2, 2025

Locator: 49323AI. 

Archived. 

Link here. 





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Top iPhone, Android User Stats -- 2025 -- November 2, 2025

Locator: 49322APPLE. 

Link here. 

This one graphic caught my attention. 

  • accurate: 88% of teenagers in the US own an iPhone in 2025
  • probably not accurate: 62% of US iPhone and Android users put price first 
  • possibly more accurate: those folks that actually pay for an upgrade put price first

COTD.

Read this chart carefully, closely, and contemplatively:  


Cellphones:


 But, tablets:


 Overall, mobile:


 Is the next section meaningful for an investor? If so, how?


Note:

From there, another dozen or more graphics and data points.

These three are particularly interesting:


There is an incredible amount of data here. 

There are only a couple of data points that really, really stand out.

Folks have seen images of the foldable iPhone likely to be introduced in just a few month (2026). Yeah, it looks just like an iPad. In fact, the largest iPhones are not all that different in size from the smallest iPads. Look at the data above.  

88% of all US teenagers are already iPhone users. 

25% of all US teenagers are projected to upgrade to the iPhone 17 in 2025.

iPhones are still considered the more expensive option. When comparing apples to oranges across the two brands (iPhones / Android) that may be accurate but when comparing apples to apples across the two brands (iPhones / Android) that is not accurate at all.  

By the way, is Android a "brand"? See wiki.  

Also, compare iPhones / Android :: hardware / operating system. See this post.

But don't lose sight of this:

88% of all US teenagers are already iPhone users. 

25% of all US teenagers are projected to upgrade to the iPhone 17 in 2025.T

Teenagers don't care about price. Their parents do. Their grandparents don't. LOL.

In focus groups, if one asks "the" question, folks will say when it comes to iPhone choice, price is the #1 discriminating factor. Respondents when asked to cite as their top consideration when upgrading:

  • price: 64%
  • battery life: 54%
  • storage: 39%
  • camera: 30%
  • Screen size: 24%
  • ecosystem: 21%
  • all features: 11%

[As an aside, I would argue the top consideration when deciding to upgrade has to do with a) a perceived need to upgrade; and, b) how easy the "total" experience in upgrading is likely to be.

Why I'm not upgrading yet:

  • new battery and new screen overlay made my old iPhone look and act like a brand-new phone: $70
  • the pain of going through the upgrade process, which involved the carrier's contract changes with a new phone. 

Folks say one thing, do another.

If one needs confirmation:

AI prompt: financially how is "Salad and Go" doing?

Answer:  

Salad and Go is currently facing financial challenges, despite a period of rapid growth. The company is closing 41 underperforming locations in Texas and Oklahoma, which is part of a strategic shift toward "more disciplined growth" under new CEO Mike Tattersfield. This follows a recent period of aggressive expansion where the company doubled its store count in two years.

My hunch: Salad and Go will eventually "begone."

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Do Analysts Really Think Apple's Price Point Is A "Negative"?

My favorite chart: link here. 



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Production Data For New Wells Reporting This Next Week -- November 2, 2025

Locator: 49321WELLS.  

The wells:

41726, conf,  Kraken, Kisner LW 24-13-12 10H, Green Lake, 

DateOil RunsMCF Sold
8-2025131358163

34780, conf, Enerplus, Paprika 148-94-11D-2H-TF, McGregory Buttes, 

DateOil RunsMCF Sold
8-20252848626454
7-20252579921262
6-20252609719032
5-2025147149968

34779, conf, Enerplus, Hatch 148-94-11D-2H, McGregory Buttes, 

DateOil RunsMCF Sold
8-20251788318151
7-20253214832409
6-20252722620912
5-2025146799533

41725, conf, Kraken, Kisner 24-13-12-2H, Green Lake, 

DateOil RunsMCF Sold
8-2025138798652

41086, conf, Hess, BB-Siverston-151-95-2019H-9, Blue Buttes, 

DateOil RunsMCF Sold
8-20251245248876
7-20251762454517
6-20252285041749
5-20251704221486

40660, conf, Hess, BB-Siverston-151-95-2019H-10, Blue Buttes, 

DateOil RunsMCF Sold
8-20253154585669
7-20253984774765
6-20253857068986
5-20253050759124

41247, conf, Hess, EN-Hegland-156-94-3229H-4, Manitou, 

DateOil RunsMCF Sold
8-20251017020992
7-20251569928108
6-20252017938006
5-20252029332577

41246, conf, Hess, EN-Hegland-156-94-3229H-5, Manitou, 

DateOil RunsMCF Sold
8-20251825035475
7-20251640133367
6-20252316442471
5-20252038514277

40837, conf, Oasis, Behan Federal 5301 42-29 5B, Indian Hill, 

DateOil RunsMCF Sold
8-20252197616565
7-20252365518354
6-20252190715570

40836, conf, Oasis, Behan Federal 5301 42-29 3B, Indian Hill, 

DateOil RunsMCF Sold
8-20252780420362
7-20252834920744
6-20252328615558
5-20252018513103

40805, conf, Oasis, Behan Federal 5301 42-29 4B, Indian Hill, 

DateOil RunsMCF Sold
8-20252658618564
7-20252934221996
6-20252514918837
5-20251710711651

41322, conf, Grayson Mill, Falcon 25-27F 5HR, 

DateOil RunsMCF Sold
8-20252023316701
7-20252939626382
6-20251866014970
5-20252007615401

37279, conf, Whiting, State Federal 21-16-2H, 

DateOil RunsMCF Sold
8-20251471527182
7-20251560027225
6-20252244728788
5-20251944628846

37278, conf, Whiting, State Federal 21-16H, Bully, 

DateOil RunsMCF Sold
8-20251428226314
7-20251389923470
6-20252144127182
5-20251539423071

37280, conf, Whiting, State Federal 21-16-3H, Bully, 

DateOil RunsMCF Sold
8-20251603829638
7-20251653128787
6-20252309229734
5-20252147232176

37281, conf, Whiting, State Federal 21-16-4H, Bully, 

DateOil RunsMCF Sold
8-20251513829678
7-20251502622042
6-20252127627872
5-2025030967
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Focus On Dividends — ABBV — November 2, 2025

Locator: 49320DIV.  

ABBV.

Up: 4.26%

Previous : $1.64.

New: $1.71.

DOR: 1/16/25

EX-DIV:  1/17/26

Payable: 2/17/26

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