“We expect high-grading efforts in the Delaware Basin will begin to bear fruit in Q2′24, leading to a significant improvement in capital efficiency and a positive re-rating of the stock.”

 “Taken together, we expect an under-supplied summer, with global oil inventories drawing in 2Q and 3Q... Strong demand combined with geopolitical risk should support Brent prices of $94 a barrel by the end of the summer.”

 “This restructuring the 'next leg of retail margin expansion' that can yield $5.2 billion in annualized operating income for the company’s retail business in North America.”

 “We continue to believe INSM has one of the most attractive risk/reward skews in our coverage into the 2Q24 Brenso readout.”

 “While headwinds likely persist through FQ2, we see reasons to call a bottom w/ accelerating 2H potential from easier compares ... & menu innovation.”