Humberto Portillo

$SOC No, it means that Sable can now file with the judge when the OSFM gives them a permit. The last step is at hand.

Is there even an $SOC bear case at this point?

The PI has been filed: portal.sbcourts.org/CASBCIVILPORTA…

Judge Geck’s preliminary injunction has been filed. Thankfully, nothing was amiss. Now we wait for the Fire Marshal approval. $SOC

Prior to covid, ~60% of U.S. households could make the payment on an average house at prevailing mortgage rates. Post-covid, ~40% of households can afford the average house. This chart explains the post-covid angst more than any other I can think of.

🇦🇷 “Argentina is a new shale oil powerhouse in the making.”

For your weekend listening

Great find by @wakerife123 $ASPI appears strategically positioned to supply fluorinated rare earth compounds (e.g., NdF₃) needed by domestic magnet producers like USA Rare Earth. Ryan's public comment shows business development intent and strategic alignment between ASP/QLE’s…

VICTORY: The HHS, FDA, and USDA are taking action on addressing the health risks of ultra-processed foods! 🎉 This is a major breakthrough. For years, I’ve been called “radical” for saying that ultra-processed foods are fueling our chronic disease epidemic. Now, for the first…

GSEs could exit conservatorship fast, experts say $FNMA americanbanker.com/news/end-of-gs…

🚨 $ASTS CLARIFICATION TO FCC REVEALS RAMPED UP LAUNCH CAFEMCE AND EARLY ORBITAL RAISE CAPABILITY 🚨 AIMS TO LAUNCH 20 SATELLITES TILL YEARS END. AFFIRMS PRODUCTION CADENCE. WILL DO ORBITAL RAISE TO 690 KM STARTING WITH THIRD SATELLITE. 🧶🐈‍⬛ THIS MEANS THE 500 KM SHELL IS DoD

$ASTS: In subsequent FCC filling released today. AST reconfirms that they will be launching up to 20 satellites including FM1 and excluding the first 5 Block 1 birds through the end of the year.

$SOC after a slight lull, next week promises to be action packed. Here’s what you ideally want to see as a long: 1) Geck PI goes live either today or Monday. 2) OSFM approves early in the week and addresses the deficiencies noted by Geck in her ruling, either by adding a…

$JPM still values $VAL at just $38, barely 6.2× EV/EBITDA on their own 2025–26 estimates. This for a company guiding to 90% floater utilization, a nearly sold-out 7G fleet, no Aramco drag, and $500M+ in FCF potential. Valaris isn’t overstated, the valuation framework might be.

Ultra-processed foods are driving our chronic disease epidemic. We must act boldly to eliminate the root causes of chronic illness and improve the health of our food supply. Defining ultra-processed foods with a clear, uniform standard will empower us even more to Make America…

US oil rigs -7 to 415 Baker Hughes #oottt

Beacon also announced FID of Shenandoah South, likely a relevant news item for $RIG 8G drillships on 20k psi projects. 8G Deepwater Atlas has been working Shenandoah and will be working $BP Kaskida in 2028-2029 Beacon is a private E&P but increasingly relevant in US Gulf #OOTT

ASICs, which turns AST satellites into money printers on speed, just entered production phase. That’s bullish. We’re not in redesign phase with these which would have been the alternative outcome. /11

@pulte @DirectorPulte Colleague Jim ( James ) Parrott Exposed in his role in Fannie Mae $FNMA ( the GSE’s ) - “we’re not reducing their dividend but including it in every dime these guys make going forward and ensuring that they can’t recapitalize” “ENSURING THEY CAN’T…

This the type of stuff that tends to pop up close to a local top