Geopolitics Alpha

Bayway refinery lockout could end after three weeks of negotiations between Phillips 66 and Teamsters Local 877

Published . Updated .

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ENERGYBayway refinery lockout could endafter three weeks of negotiationsbetween Phillips 66 and Teamsters…PSXGEOPOLITICS ALPHA

This report is about refining.

Directly affected

  • PSX Phillips 66+9.1% 30d

    Named in this report.

Indirectly affected

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • VLO Valero Energy+1.1% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • MPC Marathon Petroleum+9.5% 10d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

    ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • CVX Chevron+12.5% 30d

    Chevron (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PSX+3.45%-1.93%base+3.35%+0.52%-0.19%after close
CRAK+4.72%+1.36%base+1.24%-0.60%-0.55%after close
XLE+0.88%-0.71%base+1.87%-2.12%—after close
VLO+8.98%+0.67%base+3.98%+0.21%+0.32%after close
MPC+5.72%+0.79%base+2.80%+0.65%-0.40%after close
XOM+0.03%-1.79%base+2.24%-1.85%—after close
CVX+0.78%-1.37%base+1.82%-1.43%-2.72%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.

Bayway refinery lockout could end after three weeks of negotiations between Phillips 66 and Teamsters Local 877 New Jersey 101.5

Source: New Jersey 101.5

Energy

CompanyWhenMoveStatus
CRAKthat day+1.24%final price
CRAKthe next day-0.60%final price
CRAKtwo days later-0.55%still updating
CRAKthree days earlier+1.36%final price
CRAKfive days earlier+4.72%final price
CVXthat day+1.82%final price
CVXthe next day-1.43%final price
CVXtwo days later-2.72%still updating
CVXthree days earlier-1.37%final price
CVXfive days earlier+0.78%final price
MPCthat day+2.80%final price
MPCthe next day+0.65%final price
MPCtwo days later-0.40%still updating
MPCthree days earlier+0.79%final price
MPCfive days earlier+5.72%final price
PSXthat day+3.35%final price
PSXthe next day+0.52%final price
PSXtwo days later-0.19%still updating
PSXthree days earlier-1.93%final price
PSXfive days earlier+3.45%final price
VLOthat day+3.98%final price
VLOthe next day+0.21%final price
VLOtwo days later+0.32%still updating
VLOthree days earlier+0.67%final price
VLOfive days earlier+8.98%final price
XLEthat day+1.87%final price
XLEthe next day-2.12%final price
XLEthree days earlier-0.71%final price
XLEfive days earlier+0.88%final price
XOMthat day+2.24%final price
XOMthe next day-1.85%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%final price

Congressional trades in the stocks in this story

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How solid the energy case looks

12 out of 100Price not final

“Bayway refinery lockout could end after three weeks of negotiations between Phillips 66 and Teamsters Local 877” scores 12 out of 100. The score uses 1 sources. The price is not final yet.