Geopolitics Alpha

160 Acres in Montana Leased to Oil and Gas Companies for Minimum Bid of $10 Per Acre

Published . Updated .

ENERGY160 Acres in Montana Leased to Oiland Gas Companies for Minimum Bidof $10 Per AcreGEOPOLITICS ALPHA

This report is about oil and natural gas.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • UNG United States Natural Gas Fund-9.2% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XOM ExxonMobil Holdings+11.8% 12d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • EQT Eqt+3.1% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • CVX Chevron+6.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • LNG Cheniere Energy+11.0% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
EQTNo price data for this ticker———————
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
WMBNo price data for this ticker———————
LNGNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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160 Acres in Montana Leased to Oil and Gas Companies for Minimum Bid of $10 Per Acre Taxpayers for Common Sense

Source: Taxpayers for Common Sense

Energy

CompanyWhenMoveStatus
CVXthree days earlier+2.17%final price
CVXfive days earlier-0.66%final price
USOthree days earlier+3.62%final price
USOfive days earlier-2.37%final price
XLEthree days earlier+1.60%final price
XLEfive days earlier-0.12%final price
XOMthree days earlier+1.85%final price
XOMfive days earlier-1.00%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“160 Acres in Montana Leased to Oil and Gas Companies for Minimum Bid of $10 Per Acre” scores 12 out of 100. The score uses 1 sources.