Called $CL bullish on Apr 19, 2026: $CL rose 26% in 4 weeks.
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Contrarian Investment Research: Energy (Oil & Gas)
Cite asCryptoQuant has tracked the directional calls on CVX by @HFI_Research on X since May 2022: not yet scored on CVX (as of Nov 11, 2026).
2 CVX calls on record, a thin history.
Relative view by default: fewer than 30 CVX calls or days on record.
Sentiment timeline shows relative sentiment within this analyst's history. A perma-bull showing 8 bullish : 2 bearish in a bear market sets that as their baseline. If you notice any errors, claim @HFI_Research to submit corrections.
Called $CL bullish on Apr 19, 2026: $CL rose 26% in 4 weeks.
View call →Hover the chart to read the thesis of that period · click a day to pin it
The same May/June MOU playbook is being played again by the US. Hint at concessions it knows it cannot abide by, alleviate pressure on markets, and then escalate. This is the 2nd time Iran is falling for it as its leverage on the US, oil price, falters with the dramatic decline in the past week. All the while, another major IPO is slated to come. In June, it was SpaceX, and now, it’s Anthropic.
View original →Another tanker is on fire in the Oman lane. No one cares I guess since Brent is down 1.6%.
View original →Wild to think that open interest in Brent is now back to the lows in early 2025. https://t.co/MXOlbTZdiZ
View original →(Idea) Transocean - Near-Term Results Obscure A Brighter Future
By: Jon Costello Transocean ( RIG ) shares have been clobbered over the past few trading sessions, down 25.6% since October 30, versus the XLE’s 12.2% decline over the same period. I believe the selloff is partly due to macro angst toward oil and partly to weak headline third-quarter results, which the company reported on November 2. Overall, I think both are overblown and that the current share price represents a good entry point for investors willing to hold for at least three years. Macro Oil Weakness The general macro angst is the easy part to explain. Transocean shares are correlated with oil prices. The company’s large market cap for the energy sector and its relatively high leverage make it a favorite plaything of macro funds looking to short oil through means other than futures. Its short interest is pushing 30%. The following table shows the tight correlation between Transocean shares and WTI. The relationship is peculiar, as the company’s results and prospects are not tied to spot crude prices. Clearly, they depend far less on spot oil prices than those of many other larger oil companies, such as E&Ps. As Transocean’s leverage comes down after its Valaris ( VAL ) acquisition and continued efforts to pay down debt, while its earnings stabilize over the coming quarters, I expect macro funds will grow less fond of using the shares as a shorting instrument. If so, this should temper some of the volatility the shares have exhibited for many years. It might also reduce the tight correlation with oil. Periods of macro oil weakness like this one would be less likely to send the shares reeling. Read more
View original →October US crude oil production is done. Excluding production shut-in (from hurricane), US crude oil production averaged ~13.7 million b/d. This is flat exit-to-exit from the end of 2025. https://t.co/Su8G0U5chG
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