# ![@crudechronicle Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1362221528738390018.png) @crudechronicle The Crude Chronicles 🛢

The Crude Chronicles 🛢 posts on X about in the, gas, $xom, $rig the most. They currently have [------] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours.

### Engagements: [---] [#](/creator/twitter::1362221528738390018/interactions)
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- [--] Week [------] -88%
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- [--] Year [---------] +23%

### Mentions: [--] [#](/creator/twitter::1362221528738390018/posts_active)
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- [--] Week [--] +50%
- [--] Month [--] -46%
- [--] Months [---] +56%
- [--] Year [---] -30%

### Followers: [------] [#](/creator/twitter::1362221528738390018/followers)
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- [--] Week [------] +0.21%
- [--] Month [------] +4.50%
- [--] Months [------] +17%
- [--] Year [------] +29%

### CreatorRank: [---------] [#](/creator/twitter::1362221528738390018/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1362221528738390018/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  25.96% [stocks](/list/stocks)  24.04% [cryptocurrencies](/list/cryptocurrencies)  10.58% [countries](/list/countries)  5.77% [technology brands](/list/technology-brands)  2.88% [automotive brands](/list/automotive-brands)  0.96%

**Social topic influence**
[in the](/topic/in-the) 15.38%, [gas](/topic/gas) 12.5%, [$xom](/topic/$xom) 11.54%, [$rig](/topic/$rig) 5.77%, [$cvx](/topic/$cvx) 5.77%, [guess](/topic/guess) 5.77%, [$val](/topic/$val) 3.85%, [$bp](/topic/$bp) 3.85%, [history](/topic/history) 3.85%, [bullish](/topic/bullish) 3.85%

**Top accounts mentioned or mentioned by**
[@rusoilgasexpert](/creator/undefined) [@doombergt](/creator/undefined) [@danielyergin](/creator/undefined) [@tracyalloway](/creator/undefined) [@thestalwart](/creator/undefined) [@jamieheard5](/creator/undefined) [@chigrl](/creator/undefined) [@javierblas](/creator/undefined) [@bigorrin](/creator/undefined) [@manchesterutd81](/creator/undefined) [@ericnuttall](/creator/undefined) [@peterberezinbca](/creator/undefined) [@opinion](/creator/undefined) [@sarnacapital](/creator/undefined) [@warrenpies](/creator/undefined) [@tomloughreylfe](/creator/undefined) [@jfarmer1776](/creator/undefined) [@captainroyen](/creator/undefined) [@stevetuchner](/creator/undefined) [@spvenino33](/creator/undefined)

**Top assets mentioned**
[Exxon Mobil (XOM)](/topic/$xom) [Transocean LTD. (RIG)](/topic/$rig) [Convex Finance (CVX)](/topic/$cvx) [Validity (VAL)](/topic/$val) [BP p.l.c. (BP)](/topic/$bp) [Alphabet Inc Class A (GOOGL)](/topic/$googl) [TotalEnergies SE (TTE)](/topic/$tte) [Noble Corporation (NE)](/topic/$ne) [Canadian Natural Resources Limited (CNQ)](/topic/$cnq) [Copiosa Coin (COP2)](/topic/$cop) [ConocoPhillips (COP)](/topic/conocophillips) [Occidental Petroleum Corporation (OXY)](/topic/occidental-petroleum) [Valero Energy Corporation (VLO)](/topic/$vlo) [Partisia Blockchain (MPC)](/topic/$mpc) [Phillips [--] (PSX)](/topic/$psx) [Hess Corp. (HES)](/topic/$hes)
### Top Social Posts
Top posts by engagements in the last [--] hours

"Bye bye buybacks These better be some really nice data center $GOOGL"  
[X Link](https://x.com/crudechronicle/status/2019183617092518014)  2026-02-04T22:57Z 13.5K followers, 140.9K engagements


"Alphabet is going to be spending more than the capex of: ExxonMobil Chevron BP Shell TotalEnergies Equinor Eni Antero Resources APA Corporation ConocoPhillips Expand Energy Continental Resources Coterra Energy Devon Energy EOG Resources EQT Corporation Diamondback Energy Occidental Petroleum Range Resources Permian Resources Imperial Oil Cenovus Energy Canadian Natural Resources Ovintiv Suncor Energy Tourmaline Oil COMBINED Let that sink in. Bye bye buybacks These better be some really nice data center $GOOGL https://t.co/cnTD9y1XPG Bye bye buybacks These better be some really nice data"  
[X Link](https://x.com/crudechronicle/status/2019187117218259419)  2026-02-04T23:11Z 13.5K followers, 148.5K engagements


"Did you know $XOM hasn't been over 5mil boe/d since [----] when they produced the last couple of barrels out of ARAMCO Stand alone (no Mobil) last did over [--] mil boe/d in [----]. "As you can see with the addition of Pioneer by [----] about 60% of our production will come from our low-cost high-growth strategic assets which include the Permian Guyana Brazil and LNG with total production of over [--] million oil equivalent barrels per day.""  
[X Link](https://x.com/anyuser/status/1712406477829255635)  2023-10-12T09:54Z 13.5K followers, 17.9K engagements


"@DanielYergin was recently on the Odd Lots podcast with @tracyalloway and @TheStalwart. A great listen as usual. Around the [--] minute mark Mr Yergin discusses the [--] prior cycles/periods of "Peak Oil" worries I have read Yergin's book several times. So much that my original version has the pages coming off the spine. I keep it because one day I hope to have him sign it. Anyways his book was the inspiration behind the following graphic. My interpretation is that we are now in the 6th cycle and each cycle carries with it [--] stages. It is nice to hear him discuss things very similar to this"  
[X Link](https://x.com/anyuser/status/1982847774015033605)  2025-10-27T16:32Z 13.5K followers, 126.9K engagements


"$XOM EPS since the break up of Standard Oil. There is something we can observe here"  
[X Link](https://x.com/anyuser/status/1984214807973904419)  2025-10-31T11:04Z 13.5K followers, [----] engagements


"New Post - Stepping into the Refining Room The Gist: The capital spending binge of todays monopolies harkens back to the original monopoly in Oil & Gas - Standard Oil Trust. Old lessons still apply. Rockefellers old business of refining looks bright"  
[X Link](https://x.com/crudechronicle/status/2019764866584649928)  2026-02-06T13:27Z 13.5K followers, [----] engagements


"Another one bites the dust $VAL and $RIG"  
[X Link](https://x.com/anyuser/status/2020969934537507313)  2026-02-09T21:15Z 13.5K followers, 16.7K engagements


"$XOM and $CVX Another quarter and another year in the books"  
[X Link](https://x.com/crudechronicle/status/2017268483298402687)  2026-01-30T16:07Z 13.5K followers, [----] engagements


"Broke through [--] year resistance levels. (Note chart is a week and a half since updated but you get the point) ExxonMobil https://t.co/qVL61GRsk7 ExxonMobil https://t.co/qVL61GRsk7"  
[X Link](https://x.com/crudechronicle/status/2021234813747741116)  2026-02-10T14:48Z 13.5K followers, [----] engagements


"Did you know Chevron has drilled over [-----] wells And here they are. 🚨New Post. Hit the Link👇🏼 $CVX https://thecrudechronicles.substack.com/p/did-you-know-chevron-has-drilled https://thecrudechronicles.substack.com/p/did-you-know-chevron-has-drilled"  
[X Link](https://x.com/anyuser/status/1586329955142496256)  2022-10-29T12:11Z 13.5K followers, [--] engagements


"@DoombergT Saw this today @DoombergT Applicable"  
[X Link](https://x.com/crudechronicle/status/1587109678819033090)  2022-10-31T15:50Z 13.5K followers, [--] engagements


"Who bought Big Oil when it was yielding a 10% dividend back in [----] Dont lie $XOM $CVX"  
[X Link](https://x.com/anyuser/status/1587605901602656261)  2022-11-02T00:41Z 13.5K followers, [--] engagements


"I am seeing a lot of charts showing the wide gap between oil price and energy stocks. For educational purposes. Here is the relationship between oil & energy equities for past century plus As you can see divergence can occur often for extended periods. 1/"  
[X Link](https://x.com/anyuser/status/1597213962872885248)  2022-11-28T13:00Z 13.5K followers, [---] engagements


"@DoombergT Current admin is the worst thing for energy security but has been the best thing for energy investors. So theres that i guess"  
[X Link](https://x.com/crudechronicle/status/1597988635210846211)  2022-11-30T16:19Z 13.5K followers, [--] engagements


"One of these is not like the others"  
[X Link](https://x.com/crudechronicle/status/1601906102555537408)  2022-12-11T11:45Z 13.5K followers, [---] engagements


"Getting Ready for 🎅 & some random thoughts on oil🛢 🎄New Post. Hit the link👇🏼 Feliz Navidad #EFT #OOTT https://thecrudechronicles.substack.com/p/getting-ready-for-santa-with-some https://thecrudechronicles.substack.com/p/getting-ready-for-santa-with-some"  
[X Link](https://x.com/anyuser/status/1606630917312811009)  2022-12-24T12:40Z 13.5K followers, 32.9K engagements


"These lines will mean revert one day and when they do #OFS anyone #EFT"  
[X Link](https://x.com/anyuser/status/1607180617715941377)  2022-12-26T01:04Z 13.5K followers, 175.7K engagements


"Whoa First time since Oct-2021 my Global Liquidity Indicator has started to "bunch" or "stop getting less bad""  
[X Link](https://x.com/anyuser/status/1608052936705478656)  2022-12-28T10:51Z 13.5K followers, 11.5K engagements


"Probably the most out of consensus view that anyone could put out there is that refining/downstream capex could have another up cycle. And you wonder why we had so many issues with refining capacity in [----]. Happy New Year Everyone $XOM $CVX $BP $SHEL $TTE $PSX $VLO $MPC"  
[X Link](https://x.com/anyuser/status/1609514401136001027)  2023-01-01T11:38Z 13.5K followers, 16.3K engagements


"I fired up my old O&G historical data in the depths of the Covid lockdowns out of sheer boredom & with the thought that Ap20 was the secular bottom. To now see some of my charts being used by some heavy hitters in the energy investing landscape makes me tear up. Much love"  
[X Link](https://x.com/anyuser/status/1610634668604547073)  2023-01-04T13:50Z 13.5K followers, 13.9K engagements


"A long time ago my mentor told me that whenever you are looking at long-term projections put them into historical context and ask yourself "does it make sense" My take on $BP's latest oil demand scenarios out to [----]. I am gonna take the over. #EFT"  
[X Link](https://x.com/anyuser/status/1620096338900959232)  2023-01-30T16:27Z 13.5K followers, 152.1K engagements


"Oh my gawd😲Oh my gawd😮Oh my gawd😮 I finally found this data #EFT #StandardOil $XOM"  
[X Link](https://x.com/anyuser/status/1624869745546694659)  2023-02-12T20:35Z 13.5K followers, 13.1K engagements


"$HES and that little green monster called Guyana #EFT"  
[X Link](https://x.com/anyuser/status/1633103517438156804)  2023-03-07T13:53Z 13.5K followers, 13.4K engagements


"U.S. Refining - highest utilization rate since [----] 1/"  
[X Link](https://x.com/crudechronicle/status/1636667811895582720)  2023-03-17T09:56Z 13.5K followers, 11.1K engagements


"Capex vs. Crude. Updated with [----] data #EFT"  
[X Link](https://x.com/anyuser/status/1637447034176249857)  2023-03-19T13:32Z 13.5K followers, 13.7K engagements


"In a forgotten time there was a sell side bank named Chase Manhattan. They used to publish an estimate of "Free World" Oil & Gas Industry capex. The survey ran from 1958-1986 Your friendly neighborhood oil historian is on the prowl to bring it back to life. #EFT"  
[X Link](https://x.com/anyuser/status/1639975813830393856)  2023-03-26T13:01Z 13.5K followers, 18.5K engagements


"Soooooo who added to their energy positions on the dip Tag your ticker"  
[X Link](https://x.com/anyuser/status/1642939477290106906)  2023-04-03T17:17Z 13.5K followers, 17.4K engagements


"Great thread by @JamieHeard5 I will just add to it this chart. Nat gas demand just keeps going A generalist investment memo in Energy. My take. 🧵 Opener - which energy source holds the best forward return outlook Selecting from renewable (wind / solar / hydro) oil gas nuclear & coal Which subset has the best S&D set up to provide for outsized investment returns A generalist investment memo in Energy. My take. 🧵 Opener - which energy source holds the best forward return outlook Selecting from renewable (wind / solar / hydro) oil gas nuclear & coal Which subset has the best S&D set up to"  
[X Link](https://x.com/anyuser/status/1671488292984877058)  2023-06-21T12:00Z 13.5K followers, 24.7K engagements


"Wagner Group may have a bigger effect than Western Sanctions. Time to redo the text in this chart #knowyourhistorg"  
[X Link](https://x.com/crudechronicle/status/1672602750549479424)  2023-06-24T13:49Z 13.5K followers, 10.4K engagements


"Natty Gas pipelines on the water - one of the best things to happen in our lifetime for energy balances. #EFT"  
[X Link](https://x.com/crudechronicle/status/1676919956296851457)  2023-07-06T11:44Z 13.5K followers, 37.6K engagements


"This history on $RIG took me over [--] months to put together because of all the acquisitions but it was fun to learn a new industry. Here is what I learned. #EFT #offshore"  
[X Link](https://x.com/anyuser/status/1677283871564472320)  2023-07-07T11:50Z 13.5K followers, 39.2K engagements


"For the first time since [----] the Supermajors' % of global production has fallen below 10% [----] was the 1st year w/o a Standard Oil. It was the beginning of WW1. It was around this time they would look for oil in far off places which bred nationalization Around the 🌎 & back"  
[X Link](https://x.com/anyuser/status/1677645626526318592)  2023-07-08T11:47Z 13.5K followers, 37.2K engagements


"Rule #1 of the [--] Commodity Commandments. Over the long run they ALL move in unison. Always have and always will. Incentive demand for one they all go up"  
[X Link](https://x.com/crudechronicle/status/1678472139194638362)  2023-07-10T18:31Z 13.5K followers, 16.5K engagements


"FWIW energy always appears "cheap" in a secular bull. P/E compression is offset by strong earnings. Even the great Standard Oil a monopoly & for a time unregulated pricing power @ the doorstep of the biggest growth stage for oil (autos) traded below a market multiple The Energy Bull Thesis: Cheapest P/E Ratio Highest CF Per Share Still massively underweight amongst institutions/HFs. Whats your favorite way to play this opportunity H/t @chigrl https://t.co/JXaqNjc40C The Energy Bull Thesis: Cheapest P/E Ratio Highest CF Per Share Still massively underweight amongst institutions/HFs. Whats your"  
[X Link](https://x.com/anyuser/status/1683916521981071360)  2023-07-25T19:05Z 13.5K followers, 91.5K engagements


"Cycles never peak at 55% utilization $RIG $RIG 2Q EBITDA beat ($237mm v low $200mm est) on higher rev eff (97.2% v 96.5% guide) partially offset by opex (new contracts). Contract drilling rev up 12% sequentially (annualized runrate $2.9bn). We are just getting started. Dont be the why is the stock down in AH guy https://t.co/LdKJVaLEUH $RIG 2Q EBITDA beat ($237mm v low $200mm est) on higher rev eff (97.2% v 96.5% guide) partially offset by opex (new contracts). Contract drilling rev up 12% sequentially (annualized runrate $2.9bn). We are just getting started. Dont be the why is the stock down"  
[X Link](https://x.com/anyuser/status/1686157187691761664)  2023-07-31T23:29Z 13.5K followers, 39.7K engagements


"The entire bull thesis for big oil and energy all in one chart. #EFT"  
[X Link](https://x.com/anyuser/status/1688554368570716160)  2023-08-07T14:15Z 13.5K followers, [----] engagements


"Green square - Where I think we are right now - A mix of stage [--] & [--]. Italicized text in bottom right is my best guess of how it all shakes out. We will see what happens. #EFT"  
[X Link](https://x.com/anyuser/status/1689942083262386176)  2023-08-11T10:09Z 13.5K followers, [----] engagements


"Offshore build cycles 1961-present. $RIG $VAL (others to be added later) And they say there is an inventory issue in housing"  
[X Link](https://x.com/crudechronicle/status/1699131086679285991)  2023-09-05T18:43Z 13.5K followers, 28.3K engagements


"Question. Who paid Deloitte to do the survey Let me guess investors in battery companies that arent getting dividends and buybacks. How close did i get Major institutional #oil and gas investors would be open to having #dividends and buybacks cut by more than half in favor of more spending on energy transition projects a Deloitte survey says. Battery storage and electric charging stations rank high #OOTT https:/bun.is/oned9a Major institutional #oil and gas investors would be open to having #dividends and buybacks cut by more than half in favor of more spending on energy transition projects a"  
[X Link](https://x.com/anyuser/status/1701617914229527016)  2023-09-12T15:24Z 13.5K followers, 16.1K engagements


"Here's an interesting take. Going back to the Crusades no institution has been more bullish for inflation than the one that was given a mandate to fight it.The Fed"  
[X Link](https://x.com/anyuser/status/1711688112965927190)  2023-10-10T10:20Z 13.5K followers, 15.2K engagements


"Rando @$$ thought of the day. [--] months ago I took the plunge quit my [--] figure job and went all in to do this blog thing full-time with two kids that we have to still put through all the life stuff. It was and still is a risk but the way I saw it the risks were asymmetric. If it completely flopped I could have sent out an email to my list asking for a job. Things are going well enough that I don't have to think about doing that. But for the last [--] months I have had more fun doing what I have been doing since [--] years ago when I first began my career on the sell side. I love every day of it."  
[X Link](https://x.com/anyuser/status/1726984717814145240)  2023-11-21T15:23Z 13.5K followers, 36.4K engagements


"The peak demand narrative never goes away. Annual report from 1979"  
[X Link](https://x.com/crudechronicle/status/1727640511014482198)  2023-11-23T10:49Z 13.5K followers, 12K engagements


"Call me crazy but maybe the credit cycle matters more for oil than OPEC. #OOTT"  
[X Link](https://x.com/anyuser/status/1730360431749816723)  2023-11-30T22:57Z 13.5K followers, 14.8K engagements


"@JavierBlas Those dont look like two dudes that are about to start a price war"  
[X Link](https://x.com/anyuser/status/1732480277438398750)  2023-12-06T19:21Z 13.5K followers, 19.7K engagements


"Excerpt from an upcoming piece "Since the COVID lows the industry has become so cautious that it is investing as if it were in a $55/bbl price environment NOT the present $80/bbl.""  
[X Link](https://x.com/crudechronicle/status/1740340210666533115)  2023-12-28T11:53Z 13.5K followers, 15.2K engagements


"Can someone please explain this to me There are a billion media stories and commentators out there talking about how efficiency gains in shales are leading to record production numbers. But if you just simply look at a chart of U.S. tight oil production the rate of change IS NOT accelerating. 1/"  
[X Link](https://x.com/anyuser/status/1743194954912891262)  2024-01-05T08:57Z 13.5K followers, 58.1K engagements


"Please correct me if I am wrong here @Big_Orrin @ManchesterUtd81. It is extremely difficult to make middle distillates from NGLs correct The last time I studied the refining process I came away with the observation that NGLs were great for refining into lighter products that go into the gasoline blending pool LPGs and petchem process while a refiner needed a heavier barrel to get more gasoil/diesel (highlighted in green). Said another way a heavy barrel can produce stuff that moves up the distillation process but a light barrel can not move down the distillation process if that makes sense"  
[X Link](https://x.com/anyuser/status/1743592907490115988)  2024-01-06T11:18Z 13.5K followers, 14.4K engagements


"Loving this Canadian O&G data. It's starting to come together"  
[X Link](https://x.com/anyuser/status/1743758690518266144)  2024-01-06T22:17Z 13.5K followers, 35.8K engagements


"$RIG fleet construction history. One of the more time-consuming charts I have ever had the "pleasure" of reconstructing"  
[X Link](https://x.com/anyuser/status/1762111051624030553)  2024-02-26T13:43Z 13.5K followers, 14K engagements


"Everyone is a gold bug these days so I will add my [--] cents. The Oil to Gold (OGR) ratio was made popular because in the 1970s Middle East and OPEC nations were seeing the value of their commodity which was controlled by the Seven Sister via the Posted Price deflate vs. other commodities like those lovely gold bars. So they forced the issue and revalued the price of oil to something comparable to other mediums of exchange like gold. The Yom Kippur War is often credited with the oil embargoes but let's not forget the OGR ratio made a low right before the decision to embargo. Coincidence Nope"  
[X Link](https://x.com/anyuser/status/1778444395328548895)  2024-04-11T15:26Z 13.5K followers, [----] engagements


"No takes just a pretty chart - Capex vs. Demand"  
[X Link](https://x.com/crudechronicle/status/1800545327013130312)  2024-06-11T15:07Z 13.5K followers, [----] engagements


"Offshore Drillers 1956-present $RIG $VAL $NE $DO https://twitter.com/i/web/status/1801557815489601917 https://twitter.com/i/web/status/1801557815489601917"  
[X Link](https://x.com/anyuser/status/1801557815489601917)  2024-06-14T10:10Z 13.5K followers, [----] engagements


"This is what an investment mania looks like my friends"  
[X Link](https://x.com/anyuser/status/1814256958381109416)  2024-07-19T11:12Z 13.5K followers, 23.7K engagements


"To @ericnuttall point if a supply glut is about to happen producers sure aren't ordering the machinery pumps valves compressors etc to make such a supply glut come to fruition. We are in a fear-driven oil market where negative stories get more clicks. One such story yesterday said that US shale despite [--] months of flat production will grow by 400k-500k bbl/d exit'24-exit'23 due to a new gas pipeline coming online. This feeds the false narrative of https://t.co/eMB2u04bO9 We are in a fear-driven oil market where negative stories get more clicks. One such story yesterday said that US shale"  
[X Link](https://x.com/anyuser/status/1836447089297101054)  2024-09-18T16:48Z 13.5K followers, 36.4K engagements


"Could this weeks rise in energy prices trigger a recession It's an intriguing question but here's something to consider. Aside from the COVID period we've never entered a recession with the oil and gas share of GDP this lowcurrently at 2% compared to the 4% threshold that typically signals a need for caution. If a recession does occur in the next few months it will be for other reasons"  
[X Link](https://x.com/anyuser/status/1842273959041241107)  2024-10-04T18:41Z 13.5K followers, 30.4K engagements


"$CNQ They acquired $BP Canadian assets They acquired $SHEL Canadian assets And now they acquired $CVX assets in the Land of the North. Pretty much every integrated has sold to them except for $TTE and $XOM"  
[X Link](https://x.com/anyuser/status/1844051800430920124)  2024-10-09T16:26Z 13.5K followers, 19.5K engagements


"The Oil Price Signal of 2023-2024 The Gist: The industry is now able to achieve its long-term average return on capital of 10% at oil prices in the $70-$90 per barrel range a significant shift from just a few years ago. Before we begin I have a quick question/request. Could you recommend some podcasts you enjoy in the oil & gas commodity energy or macro space I'm planning to contact them to propose myself as a guest in order to grow the Crude Chronicles. Let me know your thoughts OK onto our regularly schedule programming. Chevron CEO Mike Wirth said it best in a Bloomberg interview Through"  
[X Link](https://x.com/anyuser/status/1847250615920906513)  2024-10-18T12:17Z 13.5K followers, 15.5K engagements


"Yup It only took [--] years. It getting down to just a few players Super bullish for the industry. Helps consolidate and improve rates for everyone. Big winers are $VAL and $NE. Theyre now in position to pick off the 1-3 rig players and we end up with a 3-player industry. (Long $VAL and $NE) Super bullish for the industry. Helps consolidate and improve rates for everyone. Big winers are $VAL and $NE. Theyre now in position to pick off the 1-3 rig players and we end up with a 3-player industry. (Long $VAL and $NE)"  
[X Link](https://x.com/anyuser/status/1849226511443775560)  2024-10-23T23:08Z 13.5K followers, 145.1K engagements


"That's because Big Tech has a spending problem just like Big Oil used to. Great observation from @PeterBerezinBCA S&P [---] free cash flow per share hasnt grown at all in three years. Booyah https://t.co/ETvqI0V02o S&P [---] free cash flow per share hasnt grown at all in three years. Booyah https://t.co/ETvqI0V02o"  
[X Link](https://x.com/anyuser/status/1859915070152863967)  2024-11-22T11:01Z 13.5K followers, 19.5K engagements


"Oil & Gas is running another Black Friday deal Trading at a 60% discount to the S&P 500's P/E ratio. Enter the coupon code #EFT on your purchase order to take advantage of this deal"  
[X Link](https://x.com/anyuser/status/1862521626304172406)  2024-11-29T15:38Z 13.5K followers, 32.1K engagements


"The Permian is the most important non-OPEC supply because it is also the lowest cost to develop. Below I rank Proved Developed Finding & Developed Costs since [----]. Note that as shale has matured the Permian focused players like $PR and $FANG and $PXD (2023 was last year of data for Pioneer) now rank at the top of the list. Diversified E&Ps are in the middle and International Integrated are at the bottom. So it is F&D in the Permian that we must watch Full post coming later this week on the subject https://twitter.com/i/web/status/1863301277959991349"  
[X Link](https://x.com/anyuser/status/1863301277959991349)  2024-12-01T19:16Z 13.5K followers, 19.1K engagements


"They told me that when I hit 10K money would rain down from the heavens. Oh wait I cover oil & gas. Just kidding shout out to all who follow. Youre the best #EFT"  
[X Link](https://x.com/anyuser/status/1863569109310398546)  2024-12-02T13:01Z 13.5K followers, [----] engagements


"How awesome would it be if $XOM came out next week and said they were going to grow their share of U.S. production to the highest level since the Standard Oil days. I doubt they will but if there was any administration in which to do so this would be the one. #EFT"  
[X Link](https://x.com/anyuser/status/1864713663522681020)  2024-12-05T16:49Z 13.5K followers, [----] engagements


"One of the effects of the shale revolution is that it has made tracking the rig count obsolete Operators are drilling more footage and completing more wells ever fewer rigs. So what do we track now to get a sense of production numbers"  
[X Link](https://x.com/anyuser/status/1865362065843532119)  2024-12-07T11:45Z 13.5K followers, 13.3K engagements


"They don't have to sell the company. Maybe all they have to do is scrap the compensation structure that rewards investing in low return businesses and made up numbers like Adj EBITDA. And reward them for numbers that matter in Big Oil like Returns on Capital Employed COLUMN: BP's future as a standalone entity is bleak. The board should put the British oil company up for sale. #OOTT $BP @opinion https://t.co/mdfIysvnso COLUMN: BP's future as a standalone entity is bleak. The board should put the British oil company up for sale. #OOTT $BP @opinion https://t.co/mdfIysvnso"  
[X Link](https://x.com/anyuser/status/1866154378870366607)  2024-12-09T16:14Z 13.5K followers, [----] engagements


"At what point does the market wake up and say "hey wait a minute I have seen this playbook before""  
[X Link](https://x.com/anyuser/status/1866944357116547390)  2024-12-11T20:33Z 13.5K followers, [----] engagements


"The Canadian Majors. Many have come but few remain. #COM"  
[X Link](https://x.com/crudechronicle/status/1870778322269159721)  2024-12-22T10:28Z 13.5K followers, [----] engagements


"New Post Energy (Not Tech) is Worthy of your Cost of Capital The Gist: (1) Returns on capital (ROC) in excess of the cost of capital show that the Tech sector is overvalued and Energy undervalued. It also implies the S&P [---] could drop to [----] should this persist. (2) Big Oil rewards returns on capital with shareholder-friendly incentives while Big Tech lacks such alignment with many incentives unrelated to financial performance. (3) ROC is now relevant for Big Tech as the industry has grown more capital-intensive. Shareholders dislike capex on lower-return projects that diminish overall"  
[X Link](https://x.com/anyuser/status/1879138056474611834)  2025-01-14T12:06Z 13.5K followers, [----] engagements


"How can you not be bullish commodities"  
[X Link](https://x.com/crudechronicle/status/1887104351354704107)  2025-02-05T11:41Z 13.5K followers, [----] engagements


"If you want to have a road map for how these gas fired capacity build out cycles can end simply study the IPP boom of the early 2000s. Companies that went BK like Mirant Corporation NRG Energy Calpine Corporation AES NewEnergy PG&E National Energy Group. Chart cred @SarnaCapital https://twitter.com/i/web/status/1887471769390383450 https://twitter.com/i/web/status/1887471769390383450"  
[X Link](https://x.com/crudechronicle/status/1887471769390383450)  2025-02-06T12:01Z 13.1K followers, [----] engagements


"This led to a decade of underperformance of $XOM [--] years ago. Will it repeat with the market darling $MSFT Capex at the expense of buyback growth https://t.co/GvRI0Qo3c2 Capex at the expense of buyback growth https://t.co/GvRI0Qo3c2"  
[X Link](https://x.com/anyuser/status/1888226737877574135)  2025-02-08T14:01Z 13.5K followers, [----] engagements


"$50 oil is a preference. However layoff rates in the sector are spiking and at their highest level comparable with [----] [----] 2008-09 and [----]. The material constraint is that a lot Chris Wright's constituents aren't doing very well right now. US energy secretary Chris Wright has said the US shale sector can deliver President Donald Trumps pledge to drill baby drill and boost oil production even if prices hit $50 a barrel #OOTT https://t.co/TjcxjlND1z US energy secretary Chris Wright has said the US shale sector can deliver President Donald Trumps pledge to drill baby drill and boost oil"  
[X Link](https://x.com/anyuser/status/1899416424310882559)  2025-03-11T11:05Z 13.5K followers, 16K engagements


"Much like the national trend the job market in the key counties that drive Permian production had already begun to soften before the current administration took office and prior to OPEC's recent decisions. 1/2"  
[X Link](https://x.com/anyuser/status/1902017181459644878)  2025-03-18T15:20Z 13.5K followers, [----] engagements


"In the 1970s $SLB surged to become the second-largest oil and gas company in the world trailing only Exxon at the time. Consider this: its market cap was larger than all but one of its customers. It was the stock to own offering full exposure to the fastest-growing oil and gas capital spending markets particularly offshore in the North Sea which was at the time the fastest growing market for O&G spend. $SLB's ascent unfolded in three stages each interrupted by a brief pullback: Initial Doubt skepticism about the cycles existence followed by a pullback. Rising Optimism growing confidence in"  
[X Link](https://x.com/anyuser/status/1902296872116474191)  2025-03-19T09:51Z 13.5K followers, 61.6K engagements


"Why is Energy the top performer YTD During periods of inflation or stagflation energy sector multiples take a hit like other sectorsbut theyre typically impacted less. If inflation proves to be "sticky" "transitory" or whatever term you prefer energys relative valuation tends to expand. Such was true in the past and appear to be playing out in the YTD stagflation trade"  
[X Link](https://x.com/anyuser/status/1905615850259857678)  2025-03-28T13:39Z 13.5K followers, 16.9K engagements


"Agree with @WarrenPies . Typically we see energy leading in a late cycle fashion as consumers are getting squeezed etc. This market leadership by energy is more of a "risk off" trade. The integrated oils (XOM CVX SHEL ETC) are leading that have healthy dividends and strong balance sheets. The risk on sectors within oil (OFS refining and E&P) are all languishing along with crude. S&P [---] - LEADERSHIP Currently Utilities and Energy sectors are leading the S&P [---] on a 1-yr and 1-qtr basis respectively. Historically this is not healthy leadership for the market. To get back into "gear" mkt needs"  
[X Link](https://x.com/anyuser/status/1906423297212088564)  2025-03-30T19:08Z 13.5K followers, 23.1K engagements


"With the absolute "Obliteration Day(s)" of oilfield services they are now pricing in a 30% reduction in completion activity IMO. What does that do to the S/D balances"  
[X Link](https://x.com/anyuser/status/1908488951477731596)  2025-04-05T11:56Z 13.5K followers, [----] engagements


"$60 oil but $6 gas. Guess what state I just landed in"  
[X Link](https://x.com/anyuser/status/1909661153976107436)  2025-04-08T17:34Z 13.5K followers, [----] engagements


"I dont know about you but waging a tariff war against a country that was willing and able to lock down its own citizens for three years while over here we could barely handle three months. In addition many of them Xi included having experienced the Cultural Revolution and the Great Leap forward. It kind of tells you which side has the higher pain tolerance. Who do you think will blink first"  
[X Link](https://x.com/anyuser/status/1909937940383629567)  2025-04-09T11:54Z 13.5K followers, 10.2K engagements


"Every single populist in American history has either abolished or subjugated the central bank of their time. Every. Single. Time"  
[X Link](https://x.com/anyuser/status/1912946532946788575)  2025-04-17T19:09Z 13.5K followers, [----] engagements


"The chart that works better than the rig count. Durable Good Orders by the Mining and O&G end markets. Oil production doesn't correlate much with rig count anymore but it still correlates with durable goods. There were some pretty big downward revisions to the Jan-Mar data (down double digits vs. mid-high single y/y.) *Chart below is LTM basis to smooth out the volatility"  
[X Link](https://x.com/anyuser/status/1927717396380303670)  2025-05-28T13:23Z 13.5K followers, [----] engagements


"Weekly unemployment insurance claims in some of the big Permian and Eagle Ford Counties. This is not a chart that I enjoy seeing go up. Latest data point a/o May 17th"  
[X Link](https://x.com/anyuser/status/1929492468451479954)  2025-06-02T10:57Z 13.5K followers, 17.6K engagements


"2024 O&G exploration expenditures were the lowest on record. (Or at least records that I keep)"  
[X Link](https://x.com/anyuser/status/1930196003707027954)  2025-06-04T09:32Z 13.5K followers, 32.8K engagements


"I am seeing oil vs. S&P [---] being re-created by others but with history only going back [--] years or so. So here is the original chart with the entire history vs. large cap (now S&P 500) with a log scale applied. A couple of my observations (open to hearing yours) 1) oil is always not just downward trending but also downward on a log scale. So that teaches us to always be bullish on growth stocks over the very long-term. 2) However every [--] years or so we do see trend reversals. During these periods not only does energy tend to do well but the market is returning low single digits over such"  
[X Link](https://x.com/anyuser/status/1935277507705462803)  2025-06-18T10:04Z 13.5K followers, 10.8K engagements


"$XOM reserves over the years"  
[X Link](https://x.com/anyuser/status/1936142509052510546)  2025-06-20T19:22Z 13.5K followers, [----] engagements


"Oil demand per capita per annum since [----]. This is one of my favorite charts I have created. Despite popular belief it has zero correlation with price (not shown)"  
[X Link](https://x.com/anyuser/status/1940693685387059406)  2025-07-03T08:46Z 13.5K followers, 11.4K engagements


"One Big Beautiful Chart The Gist: Commodity inflation is often the byproduct of currency debasementan approach consistently favored by American populists. To make it work theyve always ended up pressuring or subjugating the central bank of their era. This appears to be playing out again. From this One Big Beautiful Chart its hard not to draw the conclusion that commodity inflation cycles are at their core currency debasement cyclesdriven by the need to fund wars and social programs"  
[X Link](https://x.com/anyuser/status/1950249169832087682)  2025-07-29T17:36Z 13.5K followers, 10.9K engagements


"New Post Laboring through a soft patch. The Gist: Fridays labor data reinforces what were already seeing in U.S. oil & gassoftening conditions that began earlier this year are still in motion. If domestic labor markets and thus U.S. oil demand weaken further $59/bbl becomes the base case offset by continued China oil import strength. But if a dollar spike joins the mix dont rule out a slide to $47/bbl. With Fridays weak jobs report as well as big downward revisions to prior numbers it confirmed whats been occurring in the US economy as well as domestic oil markets. Real wages & salaries are"  
[X Link](https://x.com/crudechronicle/status/1952707079573041227)  2025-08-05T12:23Z 13.1K followers, [----] engagements


"All these are signs that the Feds policy is clearly catching up to the cyclical and industrial parts of the economy. The same dynamic is unfolding in U.S. oil marketsconditions were already softening entering the year and tariffs and the uncertainty that comes with it was merely a catalyst in an already weakening environment"  
[X Link](https://x.com/crudechronicle/status/1952707231624917287)  2025-08-05T12:24Z 13.1K followers, [---] engagements


"State-level unemployment insurance claims in the critical oil counties of the Permian continue to rise as shown below. To read the rest. https://thecrudechronicles.substack.com/p/laboring-through-a-soft-patch https://thecrudechronicles.substack.com/p/laboring-through-a-soft-patch"  
[X Link](https://x.com/crudechronicle/status/1952707303112593638)  2025-08-05T12:24Z 13.1K followers, [---] engagements


"The amount of E&P consolidate we have seen since [----] has truly been unprecedented"  
[X Link](https://x.com/crudechronicle/status/1953091176833179851)  2025-08-06T13:49Z 13.5K followers, [----] engagements


"Is $CNQ the King of the North"  
[X Link](https://x.com/anyuser/status/1958099339739320761)  2025-08-20T09:30Z 13.5K followers, [----] engagements


"Building Castles in the Sky New Post The Gist: (1) By this view Mega Tech capital spending is set to outpace global O&G capex. (2) This reflects the observation that Big Tech places incentives that heavily emphasize growth while return on capital cash flow profit margins and cost controls play little role in executive compensation. (3) Big Oil has more shareholder friendly incentive structures in place. One lesson of history is that societies build grand infrastructure at the peak of cycles monuments to the capital created and money made in the decade prior. The Metropolitan Life Insurance"  
[X Link](https://x.com/anyuser/status/1960309514726494551)  2025-08-26T11:53Z 13.5K followers, 19K engagements


"This may be the best chart i have seen on the OPEC cuts. I guess that makes me a dummy too OPEC for Dummies https://t.co/PncDtvGGfR OPEC for Dummies https://t.co/PncDtvGGfR"  
[X Link](https://x.com/crudechronicle/status/1964331986870227150)  2025-09-06T14:16Z 13.5K followers, 12K engagements


"I would tend to agree"  
[X Link](https://x.com/anyuser/status/1977730913652842719)  2025-10-13T13:39Z 13.5K followers, 23.8K engagements


"I enjoy endless amounts of pain as well World's Remaining $Oil Bulls: Vladimir Putin Ryan Lance CEO Conoco Patrick Jean Pouyann CEO TotalEnergies Amin H. Nasser CEO Saudi Aramco Mike Rothman CEO Cornerstone Analytics Josh Young Bison Investments Darren Woods CEO ExxonMobil Warren Buffett Anas Alhajji World's Remaining $Oil Bulls: Vladimir Putin Ryan Lance CEO Conoco Patrick Jean Pouyann CEO TotalEnergies Amin H. Nasser CEO Saudi Aramco Mike Rothman CEO Cornerstone Analytics Josh Young Bison Investments Darren Woods CEO ExxonMobil Warren Buffett Anas Alhajji"  
[X Link](https://x.com/anyuser/status/1978888665313996987)  2025-10-16T18:19Z 13.5K followers, 14.1K engagements


"US LNG was not just the result of low feedstock costs but also a capital cost advantage. In the 2000s LNG projects were being FID at $2000-$4000/tonne of capacity. The Ichthys LNG project was the most expensive at the time. But due to the use of brownfield sites (import -export) more abundant labor supply (ie USGC vs. NW Shelf Australia) and modularization advancements the costs were reduced and now we have a wave of LNG projects set to hit the oceans. But the brownfield sites have pretty much all been converted and labor supply is harder to get. Capital costs are not rising out of control"  
[X Link](https://x.com/anyuser/status/1983488949969412310)  2025-10-29T10:59Z 13.5K followers, 22.6K engagements


"Ive been publishing this chart for about 1.5-2 years now. Every time i update tech capex i have to add another $50B to the axis. The O&G numbers dont really change. If anything they move down. The chart has been catching on but thats not the point. Im watching how markets react to capex numbers in the earnings reports. In tech if they announce further capex increases and the stock falls. Thats telling. Similarly with oily E&Ps set to report watch for the ones that announce capex cuts and the stock respond favorably. Building Castles in the Sky New Post The Gist: (1) By this view Mega Tech"  
[X Link](https://x.com/anyuser/status/1983908684439724460)  2025-10-30T14:47Z 13.5K followers, 16.7K engagements


"If you were to say in [----] the completions (both exploration and development) would be down 66% but global production would still hit record highs. They would tell you you were a fool. It really is remarkable"  
[X Link](https://x.com/anyuser/status/1984277852507001094)  2025-10-31T15:14Z 13.5K followers, 13.2K engagements


"Venezuelan Oil Industry was started by two companies - $XOM and $SHEL 1/"  
[X Link](https://x.com/crudechronicle/status/2007525667907518741)  2026-01-03T18:53Z 13.5K followers, 29.4K engagements


"@TomLoughrey_LFE nails it. Those that have been around awhile know that the 300bn number is a made up number. Its often pulled from EI formerly BP data. The telltale sign is that Saudi reserve data hasnt changed for decades Regarding VZs 300BN barrels of reserves recall that under Hugo Chavez reserves were restated from 80bn to 300bn which meant the country overtook Saudi Arabia for stated reserves. And although Ryder Scott performed the reserve audit as we all know the barrels in the ground Regarding VZs 300BN barrels of reserves recall that under Hugo Chavez reserves were restated from 80bn"  
[X Link](https://x.com/crudechronicle/status/2007894128630411570)  2026-01-04T19:17Z 13.1K followers, [----] engagements


"This wins the internet"  
[X Link](https://x.com/crudechronicle/status/2007998919826186278)  2026-01-05T02:13Z 13.1K followers, [----] engagements


"What about when DJT basically told Ryan Lance $COP shareholders arent gonna get their $12B Quite a contrast between Exxon and Chevron at the White House in substance and style: XOM calls Venezuela uninvestable (while giving a [---] on oil investing) CVX says it can increase its Venezuelan oil output by 50% in 18-24 months. There are more opportunities than not Quite a contrast between Exxon and Chevron at the White House in substance and style: XOM calls Venezuela uninvestable (while giving a [---] on oil investing) CVX says it can increase its Venezuelan oil output by 50% in 18-24 months. There"  
[X Link](https://x.com/crudechronicle/status/2009759149240783182)  2026-01-09T22:48Z 13.1K followers, 12.2K engagements


"Can anyone guess what the old marketing territories of Standard Oil look like today $XOM $CVX $COP $BP"  
[X Link](https://x.com/crudechronicle/status/2014000188184997907)  2026-01-21T15:40Z 13.3K followers, [----] engagements

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