Yw. Make a bunch of money.

I haven't been posting much, but not a not lot has changed. XOM going to print cash in Q3 & Q4. They are hugging the alternative energy platform in a very economical but profitable way and keeps the fossil fuel haters in line. Saudi will likely extend cuts through Sep. EIA will eventually give up publishing what I call "bogus numbers" and true supply will reflect a real shortage in 23H2 and 2024. China and India are ramping demand, regardless of how the MSM downplays it. Baker Hughes Weekly is telling us U.S. oil rigs continue to decline. NatGas will rebound this winter (I'm going out on a limb cuz I usually stay away from NatGas discussion). Pump prices will continue to move up. Energy looks good and solid for a long time to come. Just get long a good energy stock if you haven't already. XOM:PXD spread was $120 today early. Below $95 add PXD. Above $95 add XOM. It was & it's been screaming to add XOM. The spreads have been very disjointed for 3 to 4 weeks now. They'll get back in line. XOM, IMO, was targeted and pricing pressure applied for quite a number of trading days. Today, Shorts were covering. ~19 million volume at the Closing Bell and ~24 million volume at 15 minutes after the Close...an adjustment of 4.8 million. That's big. The XOM stock buyback is approximately 40 million shares a quarter or 1% of the company (4.0 billion outstanding). That's buying back 1% of the company every quarter! Next quarter there will be a dividend increase announced. Just many many good things going on in this solid company. My most SWAG is that WTI and Brent go spread neutral "0" this year. My best speculation is, XOM gets reinstated to the Dow 30 for 2024. My techie related guess is, if XOM would say they were goin to use AI for some energy project the stock would zoom to $200 a share in a flash.

Like I wrote, I haven't been posting and will not be posting for the foreseeable future. Mrs. Farmer got the cancer. We think we got it identified early and going after it. We should know some more by the end of August. In the meantime y'all make a bunch of money. Everyday you gotta give it hell because it's your only chance on earth. Later. Mooo!

Thanks Farmer! Very sorry to hear about the missus, I hope and pray everything goes well. Cancer can be a real *****.

Farmer @ Johnsongrass, TX said:

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Yw. Make a bunch of money.

I haven't been posting much, but not a not lot has changed. XOM going to print cash in Q3 & Q4. They are hugging the alternative energy platform in a very economical but profitable way and keeps the fossil fuel haters in line. Saudi will likely extend cuts through Sep. EIA will eventually give up publishing what I call "bogus numbers" and true supply will reflect a real shortage in 23H2 and 2024. China and India are ramping demand, regardless of how the MSM downplays it. Baker Hughes Weekly is telling us U.S. oil rigs continue to decline. NatGas will rebound this winter (I'm going out on a limb cuz I usually stay away from NatGas discussion). Pump prices will continue to move up. Energy looks good and solid for a long time to come. Just get long a good energy stock if you haven't already. XOM:PXD spread was $120 today early. Below $95 add PXD. Above $95 add XOM. It was & it's been screaming to add XOM. The spreads have been very disjointed for 3 to 4 weeks now. They'll get back in line. XOM, IMO, was targeted and pricing pressure applied for quite a number of trading days. Today, Shorts were covering. ~19 million volume at the Closing Bell and ~24 million volume at 15 minutes after the Close...an adjustment of 4.8 million. That's big. The XOM stock buyback is approximately 40 million shares a quarter or 1% of the company (4.0 billion outstanding). That's buying back 1% of the company every quarter! Next quarter there will be a dividend increase announced. Just many many good things going on in this solid company. My most SWAG is that WTI and Brent go spread neutral "0" this year. My best speculation is, XOM gets reinstated to the Dow 30 for 2024. My techie related guess is, if XOM would say they were goin to use AI for some energy project the stock would zoom to $200 a share in a flash.

Like I wrote, I haven't been posting and will not be posting for the foreseeable future. Mrs. Farmer got the cancer. We think we got it identified early and going after it. We should know some more by the end of August. In the meantime y'all make a bunch of money. Everyday you gotta give it hell because it's your only chance on earth. Later. Mooo!

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Prayers for y'all.

So sorry to hear about your wife. Prayers for her healing

Farmer @ Johnsongrass, TX said:

---

Yw. Make a bunch of money.

I haven't been posting much, but not a not lot has changed. XOM going to print cash in Q3 & Q4. They are hugging the alternative energy platform in a very economical but profitable way and keeps the fossil fuel haters in line. Saudi will likely extend cuts through Sep. EIA will eventually give up publishing what I call "bogus numbers" and true supply will reflect a real shortage in 23H2 and 2024. China and India are ramping demand, regardless of how the MSM downplays it. Baker Hughes Weekly is telling us U.S. oil rigs continue to decline. NatGas will rebound this winter (I'm going out on a limb cuz I usually stay away from NatGas discussion). Pump prices will continue to move up. Energy looks good and solid for a long time to come. Just get long a good energy stock if you haven't already. XOM:PXD spread was $120 today early. Below $95 add PXD. Above $95 add XOM. It was & it's been screaming to add XOM. The spreads have been very disjointed for 3 to 4 weeks now. They'll get back in line. XOM, IMO, was targeted and pricing pressure applied for quite a number of trading days. Today, Shorts were covering. ~19 million volume at the Closing Bell and ~24 million volume at 15 minutes after the Close...an adjustment of 4.8 million. That's big. The XOM stock buyback is approximately 40 million shares a quarter or 1% of the company (4.0 billion outstanding). That's buying back 1% of the company every quarter! Next quarter there will be a dividend increase announced. Just many many good things going on in this solid company. My most SWAG is that WTI and Brent go spread neutral "0" this year. My best speculation is, XOM gets reinstated to the Dow 30 for 2024. My techie related guess is, if XOM would say they were goin to use AI for some energy project the stock would zoom to $200 a share in a flash.

Like I wrote, I haven't been posting and will not be posting for the foreseeable future. Mrs. Farmer got the cancer. We think we got it identified early and going after it. We should know some more by the end of August. In the meantime y'all make a bunch of money. Everyday you gotta give it hell because it's your only chance on earth. Later. Mooo!

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This crushed me my friend. She, you and your family will be in my daily prayers. If you ever need to talk, vent, or just talk, you have my number. Prayers lifted brother.

Thank you Farmer for all you add to this thread. Praying for your wife and you.

Prayers for the wife Farmer. Yal kick that cancer's butt!

Prayers to you and especially your wife. Thanks for letting us know and please keep us informed.

Praying for you Farmer.

For everyone else, when you donate to cancer, don't donate to awareness campaigns. Might as well burn your money. If you donate to research, make sure you check exactly where the money goes and that it ends up in labs or hospitals. If you donate to care, make sure that money goes to patients. Grifting is real. Non-profits love bloated bureaucracy. The tax benefits attract weasels. Don't feed it. Do your own research and target your money smartly.

Praying for you and your family farmer. It is tough stuff but wives are tougher. My dad just finished his second fight of it and kicked it's ass. I know you guys will do the same.

We are always here if you ever want poor stock advice and maybe a laugh or two.