As always, @pickeringenergy provided some wise insights on today's podcast w/ @DavidRamsdenWo...
1) "We have a fund that looks at pdp in the permian and anyone saying paying pv20 in perm basin isn't, that's a lie"
1) "We have a fund that looks at pdp in the permian and anyone saying paying pv20 in perm basin isn't, that's a lie"
2) "good assets in good basins are somewhere b/t PV10 & PV15 & the ? is how bad do you want it and how much do you want to pay for an option"
3) November "bounce isn't driven by big $ plyrs concerned about ESG & not w huge vol so we're 2% to 2.3% of SP..we're going back to 7-8%"
3) November "bounce isn't driven by big $ plyrs concerned about ESG & not w huge vol so we're 2% to 2.3% of SP..we're going back to 7-8%"
4) ".. $COP & $DVN could continue to be buyers maybe $XOM and private equity could be consolidator on take private"
5) "oil is more dislocated and more interesting but gas will have it's day in the sun for the next year"
5) "oil is more dislocated and more interesting but gas will have it's day in the sun for the next year"
6) "here is what would surprise me, this isn't a prediction, but what would surprise me is a major buying $EOG would surprise me and make a ton of sense. anyone doing anything with $OXY would surprise me given their b/s"
7) On business career: "do the stuff that you like to do"
7) On business career: "do the stuff that you like to do"
8) on #EFT: "It's like any other community, you get out of it what you put into it...there will be a cyclical recovery & some of that same bad stuff in the field level won't matter for stocks & I fear the community will be too negative for too long"
• • •
Missing some Tweet in this thread? You can try to
force a refresh
