Butterfly Capital

Europoor trying to hit a few great pitches using my own pesos, but having a little too much fun along the way.

[Butterfly Capital @gruust]

Brent-WTI-spread

[Sam Gatlin @sam_gatlin]

The dumbest money on earth has never bet this aggressively against crude oil.

[Butterfly Capital @gruust]

The incoming oil crisis will be used to boost policies to get away from it. Politicians LOOOOOVE ESG, and now they are getting a big f*cking excuse to push for it even more... gl with your oil equity terminal value.

[Butterfly Capital @gruust]

@SamKovX @fernandowavesfx

[Butterfly Capital @gruust]

@blondesnmoney just like in 2007/2008 - if you manage OPM, there is no incentive to out yourself by leaving early.

[Butterfly Capital @gruust]

@SamKovX @fernandowavesfx

[Butterfly Capital @gruust]

@bubbleboi do you have feedback on that from devs who aren't just producing slop that no one actually uses?

[Butterfly Capital @gruust]

Why are WTI futures still in backwardation considering the SPR is about to severly tamper its release rate?

[Ole S Hansen @Ole_S_Hansen]

Highlights from EIAs weekly report:
Crude stocks fell for a seventh straight week by 7.2mb to a 2022 seasonal low.
Cushing fell to 21.6 mb, near but still above operational minimum levels around 20 mb
SPR inventories fell 7.9 mb, holding just above the 40-year low from 2023
Production saw a meaningful increase of 92 kb/d to 13.8 mb/d
Crude export slowed 1mb/d to 4.8 mb/d, with total crude and fuel exports falling to nine-week low at 12.5 mb/d.
Refinery utilisation held at a 2018 high just over 95%, with jet fuel production hitting a fresh record
Diesel stockpiles slumped to a 1990 seasonal low
Implied demand for gasoline (4-wk avg.) held steady while distillate rose 109 kb/d

[Butterfly Capital @gruust]

lmao... imagine releasing such a note for a stock that literally has no liquidity... hahahaha

[Butterfly Capital @gruust]

@toiletkingcap Still need the data. So nothing will really change, just how you access it I guess.

[Butterfly Capital @gruust]

Have to ask Gemini the same question 2-4 times until is accepts it using Pro-Extended. Running at limits it seems. Wonder when the next effective price increase will be incoming.

[Butterfly Capital @gruust]

@institLPGP yet futures are still in backwardation... are they manipulating the curve using SPR releases??

[Butterfly Capital @gruust]

@calvinfroedge PBR will go much higher in an oil squeeze because of its liquidity.

[Butterfly Capital @gruust]

@j16425646 Do you think the 185M fully diluted shares number is realistic after the June 1st announcements?
https://t.co/mdgxR3zvof

[Butterfly Capital @gruust]

@Bear__85 @AkshitA83074 @CRUDEOIL231 Doesn't matter whether they want to help the US. They are trying to mitigate the impact on themselves and hence the world. I would even go so far and assume no stimulus from them to avoid interfering with getting oil under control...

[Butterfly Capital @gruust]

@Bear__85 @AkshitA83074 @CRUDEOIL231 China is the big questionmark.

[Butterfly Capital @gruust]

@Blinklebloop China spending on assets has always helped... 😂

[Butterfly Capital @gruust]

SPWR as a turnaround and consolidation play. Currently share price gets hammered by dilutive financing. TJ Rogers' cost basis seems to be around $1.60/sh. Invest with greedy non-crooks. NFA

[Butterfly Capital @gruust]

@blondesnmoney quite some REITs going up lately. maybe because inflation is supposed to be temporary again. I think everyone underestimates the power of populism...

[Butterfly Capital @gruust]

@Tintincapital Why risk your money on a geopolitical gamble if you can get your millions for free? Those guys couldn't care less about money. They are established and couldn't care less about anything really.

[Butterfly Capital @gruust]

PBR turning itself into possibly a great present for 2026H2... ridiculous... going down straight into the point where the SPR might lose its ability to keep paper down....

[Butterfly Capital @gruust]

@NOC40 YCA.L's upside is pretty much limited to fundamentals. Even SRUUF is better in that regards because they have a yearly limit on their physical buys.

[Butterfly Capital @gruust]

Adding some YCA.L at 14% discount to spot

Also some ABVX... 50% to 100% upside. That's some obvious alpha if I have ever seen one.