Geopolitics Alpha

Blackstone and Canadian Pension Giants Take Minority Role in LNG Canada Liquefaction Business

Published . Updated .

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ENERGYBlackstone and Canadian PensionGiants Take Minority Role in LNGCanada Liquefaction BusinessBXGEOPOLITICS ALPHA

This report is about natural gas and oil.

Directly affected

  • BX Blackstone+6.1% 30d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-13.5% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • USO United States Oil Fund-1.1% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story.

  • EWC iShares MSCI Canada ETF+2.0% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • LNG Cheniere Energy+14.7% 30d

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

  • EQT Eqt-0.2% 30d

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

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BX-2.87%+0.37%base-1.73%+4.45%-0.36%-0.23%
UNG+6.94%+1.94%base+1.22%+2.94%+2.77%+3.66%
XLE+1.44%+2.16%base-0.83%-5.58%-7.74%-8.36%
USO+4.37%+7.30%base+0.90%-7.20%-5.48%-4.86%
BWET-1.54%+2.86%base-7.81%———
EWC+0.39%+1.16%base-1.00%+1.75%-1.03%-1.41%
LNG-3.81%+2.35%base-0.14%-6.29%-9.55%-10.77%
EQT+2.63%-0.55%base-1.08%-4.23%-7.69%-9.40%
KMI+3.48%+3.80%base+0.49%-3.67%-7.10%-8.05%

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.

Blackstone and Canadian Pension Giants Take Minority Role in LNG Canada Liquefaction Business Sovereign Wealth Fund Institute | SWFI

Source: Sovereign Wealth Fund Institute | SWFI

Energy

CompanyWhenMoveStatus
BWETthat day-7.81%final price
BWETthree days earlier+2.86%final price
BWETfive days earlier-1.54%final price
BXthat day-1.73%final price
BXthe next day+4.45%final price
BXtwo days later-0.36%final price
BXthree days later-0.23%final price
BXthree days earlier+0.37%final price
BXfive days earlier-2.87%final price
EQTthat day-1.08%final price
EQTthe next day-4.23%final price
EQTtwo days later-7.69%final price
EQTthree days later-9.40%final price
EQTthree days earlier-0.55%final price
EQTfive days earlier+2.63%final price
EWCthat day-1.00%final price
EWCthe next day+1.75%final price
EWCtwo days later-1.03%final price
EWCthree days later-1.41%final price
EWCthree days earlier+1.16%final price
EWCfive days earlier+0.39%final price
KMIthat day+0.49%final price
KMIthe next day-3.67%final price
KMItwo days later-7.10%final price
KMIthree days later-8.05%final price
KMIthree days earlier+3.80%final price
KMIfive days earlier+3.48%final price
LNGthat day-0.14%final price
LNGthe next day-6.29%final price
LNGtwo days later-9.55%final price
LNGthree days later-10.77%final price
LNGthree days earlier+2.35%final price
LNGfive days earlier-3.81%final price
UNGthat day+1.22%final price
UNGthe next day+2.94%final price
UNGtwo days later+2.77%final price
UNGthree days later+3.66%final price
UNGthree days earlier+1.94%final price
UNGfive days earlier+6.94%final price
USOthat day+0.90%final price
USOthe next day-7.20%final price
USOtwo days later-5.48%final price
USOthree days later-4.86%final price
USOthree days earlier+7.30%final price
USOfive days earlier+4.37%final price
XLEthat day-0.83%final price
XLEthe next day-5.58%final price
XLEtwo days later-7.74%final price
XLEthree days later-8.36%final price
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%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

“Blackstone and Canadian Pension Giants Take Minority Role in LNG Canada Liquefaction Business” scores 12 out of 100. The score uses 1 sources.