Some of the most successful people operate in silence.
Here is the path of someone I know:
• Started as a landman in the oil & gas industry making enough to survive
• Got an in-house job after a few years making decent money
• Worked hard, moved up, and was doing very well
• Received large equity grants when his PubCo’s shares were in the gutter - and held those shares
• The company recovered after Covid and was acquired
• Turned down a role at the new company with a $500k + comp package
• Took time off and used the $3 million + of equity to plan his next move
He now puts together acreage packages to flip. Last year he made $700k
You’d never know any of this about him if you met him.
He’s on Twitter, too. He just uses it to look at fishing pictures.
Some of the most successful people operate in silence.
The Iran war has oil prices skyrocketing.
Do you want to look at investing directly at the wellhead in Oil and Gas? Each year over $4 million is invested into drilling because of this event.
The Annual Deal Buyers Event is June 18th at the Petroleum Club of Houston. There are 30+ conventional ready to drill prospects looking for investors. DM me.
youtu.be/W5g1iiLtOmM?si…
Free cigars + open bar + food + raffle
@ShadeSalvo@Whataburger I stopped eating there when I noticed food quality declines after the Texas family sold it to a PE firm in Chicago. I won’t be going back.
The other night my family and I were traveling and we stopped at @Whataburger for a bite to eat
Our order:
#1 No Cheese w/ large fry and MD DP
2 x #13 w/ medium fry and medium drink
1 patty melt, sandwich only. No sauce
Total >$50
Am I the only one that finds this ridiculous?
@MERICANOil Lots of bourbon with big rock (Willet purple top, EH Taylor, Heaven Hill, Michter’s) and a Manhattan. They have a shot called a bump shot and it’s espresso, tequila, and something else. To keep the party going
First, and I mean this with all due respect: OXY sucks.
Their EOR program is lacking at best. They had success in some areas, but it’s unlikely to become a widespread success across their asset base. If EOR is going to be THAT successful, most other will do it better.
Chevron won’t just buy OXY because they would get a deal (they won’t), but because they can get APC + OXY assets for the same price they would have paid for APC back in 2019.
For the record, I don’t think that acquisition makes nearly as much sense today as it did years ago.
OXY has lost all their top talent in the last 6 years (talent from both APC and OXY).
The innovation is gone. I hope Vicki’s exit will breathe new life into the management of good assets.
Vicki built a US energy powerhouse
$oxy
Co2 eor gives oxy massive reserves, it will define next phase of shale
Permian gas will get connected to gulf and export mkts, will balloon oxy cash generation
Iran war has spiked geopolitical risk, $cvx $xom have to derisk