Geopolitics Alpha

After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, COP, XOM, CVX
  • Market reaction: USO −3.9% on the day; XLE +0.5% on the day; COP −1.3% on the day

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ENERGYAfter 20% Permian Oil Lift,ConocoPhillips Preps 2027Efficiency PushCOPGEOPOLITICS ALPHA

This report is about oil.

Directly affected

  • COP Conocophillips+5.4% 19d

    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.

  • 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+3.0% 30d

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

  • SHEL Shell+2.7% 10d

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

  • OXY Occidental Petroleum+10.3% 18d

    Occidental Petroleum (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

TickerT-5T-3T-1T0T+1T+2T+3
COP+7.74%+0.44%base-1.31%after closeafter closeafter close
USO+5.62%-2.06%base-3.90%after closeafter closeafter close
XLE+9.12%+3.08%base+0.52%after closeafter closeafter close
XOM+8.37%+2.16%base-0.67%after closeafter closeafter close
CVX+7.15%+2.05%base-0.83%after closeafter closeafter close
SHEL+5.91%+2.77%base-0.22%after closeafter closeafter close
OXY+7.63%+1.63%base-1.10%after closeafter closeafter 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.

After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push Hart Energy

Source: Hart Energy

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Conocophillips (COP)that day-1.31%final price
Conocophillips (COP)three days earlier+0.44%final price
Conocophillips (COP)five days earlier+7.74%final price
Chevron (CVX)that day-0.83%final price
Chevron (CVX)three days earlier+2.05%final price
Chevron (CVX)five days earlier+7.15%final price
OXYthat day-1.10%final price
OXYthree days earlier+1.63%final price
OXYfive days earlier+7.63%final price
Shell (SHEL)that day-0.22%final price
Shell (SHEL)three days earlier+2.77%final price
Shell (SHEL)five days earlier+5.91%final price
United States Oil Fund (USO)that day-3.90%final price
United States Oil Fund (USO)three days earlier-2.06%final price
United States Oil Fund (USO)five days earlier+5.62%final price
Select Sector Spdr Tr (XLE)that day+0.52%final price
Select Sector Spdr Tr (XLE)three days earlier+3.08%final price
Select Sector Spdr Tr (XLE)five days earlier+9.12%final price
ExxonMobil Holdings (XOM)that day-0.67%final price
ExxonMobil Holdings (XOM)three days earlier+2.16%final price
ExxonMobil Holdings (XOM)five days earlier+8.37%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).

United States Oil Fund (USO) on one side of this energy story

Companies tied to this story

  • USO United States Oil Fund

    In “After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push,” 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

  • COP Conocophillips

    In “After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    In “After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    For “After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

“After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push” (9 Nov 2026) reaches United States Oil Fund (USO) through Energy.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Dates in the story, and the United States Oil Fund (USO) price range

COP traded between 127.90 and 152.76 across 19 sessions. The latest close on file is 136.33. 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.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“After 20% Permian Oil Lift, ConocoPhillips Preps 2027 Efficiency Push” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.