3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise
Published . Updated .
Key takeaways
- Energy markets just swung from calm to unpredictable as shipping risks flare in the Strait of Hormuz, Russian refining capacity is cut and a large U.S.
- Exposed: CVX, USO, XLE, BWET, ITA
- Market reaction: USO +2.4% on the day (still updating); CVX +0.8% on the day (still updating); BWET +4.9% on the day (still updating)
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Energy markets just swung from calm to unpredictable as shipping risks flare in the Strait of Hormuz, Russian refining capacity is cut and a large U.S. crude inventory build sends a mixed signal on supply and demand. Price spikes, profit squeezes and balance sheet stress can all
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “price spike” (retail and consumer goods) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.3% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+4.8% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+1.1% 9d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +2.78% | +4.95% | base | +2.37% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.57% | after close | after close | after close |
| XRT | +1.39% | -3.19% | base | -1.26% | after close | after close | after close |
| CRAK | +4.45% | -1.14% | base | +1.90% | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | +1.25% | after close | after close | after close |
| CVX | +2.73% | +0.67% | base | +0.78% | after close | after close | after close |
| COP | +0.96% | +0.52% | base | +1.36% | after close | after close | after close |
| SHEL | +4.68% | +1.86% | base | +0.63% | after close | after close | after close |
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.
3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise Yahoo Finance
Source: Yahoo Finance
Earlier energy stories for Chevron (CVX): 18 cases
Chevron (CVX) the next day, across 18 earlier stories: average -4.73%, largest gain -4.40%, largest drop -4.77%, from 17 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Chevron (CVX) | the next day | -4.73% | -4.40% | -4.77% | 17 |
| Chevron (CVX) | three days later | -6.52% | -6.49% | -6.75% | 17 |
| United States Oil Fund (USO) | the next day | -7.10% | -6.32% | -7.20% | 18 |
| United States Oil Fund (USO) | three days later | -5.41% | -4.86% | -9.82% | 18 |
| Select Sector Spdr Tr (XLE) | the next day | -5.76% | -5.58% | -6.96% | 15 |
| Select Sector Spdr Tr (XLE) | three days later | -8.19% | -7.07% | -8.36% | 15 |
| Amplify Commodity Trust (BWET) | the next day | -21.97% | -19.70% | -22.25% | 18 |
| Amplify Commodity Trust (BWET) | three days later | -30.61% | -30.61% | -30.61% | 2 |
- Aramco expanding East-West Pipeline that avoids Hormuz
- UNCTAD: Tanker freight rates and bunker costs surge amid Hormuz disruptions
- Hormuz crisis drives shipping costs to more than 30% of barrel value, ADNOC chief executive says
- Aramco Targets Hormuz Bypass with East-West Pipeline Expansion
- Watch US Hits Iran’s Qeshm Island as Hormuz Talks Keep Oil Markets on Edge
- Strait of Hormuz Disruptions: Soaring fuel prices and the burden of inflation
Price since this story was published: Chevron (CVX)
| Company | When | Move | Status |
|---|---|---|---|
| Conocophillips (COP) | that day | +1.36% | still updating |
| Conocophillips (COP) | three days earlier | +0.52% | final price |
| Conocophillips (COP) | five days earlier | +0.96% | final price |
| CRAK | that day | +1.90% | still updating |
| CRAK | three days earlier | -1.14% | final price |
| CRAK | five days earlier | +4.45% | final price |
| Chevron (CVX) | that day | +0.78% | still updating |
| Chevron (CVX) | three days earlier | +0.67% | final price |
| Chevron (CVX) | five days earlier | +2.73% | final price |
| SHEL | that day | +0.63% | still updating |
| SHEL | three days earlier | +1.86% | final price |
| SHEL | five days earlier | +4.68% | final price |
| United States Oil Fund (USO) | that day | +2.37% | still updating |
| United States Oil Fund (USO) | three days earlier | +4.95% | final price |
| United States Oil Fund (USO) | five days earlier | +2.78% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.57% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.25% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +0.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +3.07% | final price |
| XRT | that day | -1.26% | still updating |
| XRT | three days earlier | -3.19% | final price |
| XRT | five days earlier | +1.39% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 79 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
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).
Strait of Hormuz, seven days against thirty
Geopolitics Alpha has 212 stories about Strait of Hormuz from the past 7 days and 695 stories from the past 30. That is about its usual pace over the past month. “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise” is tagged to Strait of Hormuz.
Who gains and who pays if Strait of Hormuz stays in the story
Companies that tend to gain
- CVX Chevron
Chevron (CVX) tends to benefit, medium confidence in the 11 Nov 2026 story “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 11 Nov 2026 story “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- OXY Occidental Petroleum
In “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise,” Occidental Petroleum (OXY) tends to benefit, medium confidence. Reason on file: Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
No up or down call on file
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
For “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
In “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “hormuz” (tanker shipping) in this story
- ITA IShares U.S. Aerospace & Defense ETF
In “3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “hormuz” (defense) in this story
How energy news reaches Chevron (CVX)
“3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise” (11 Nov 2026) reaches Chevron (CVX) through Strait of Hormuz.
What ties Chevron (CVX) to the headline is this: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
United States Oil Fund (USO) is here too. Its reason reads: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
The price range for Chevron (CVX), and the dates in the story
CVX traded between 206.11 and 236.45 across 20 sessions. The latest close on file is 211.21. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for Chevron (CVX)
46 out of 100Price not final
“3 Energy Stocks Facing Oil Price Risk as Hormuz Tensions Rise” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.