Geopolitics Alpha

Canada advances $31 billion Pacific oil pipeline to diversify exports beyond the U.S.

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Canada advances $31 billion Pacific oil pipeline to diversify exports beyond the U.S.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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.

  • AMLP Alerian MLP ETF-3.4% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) 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.

  • EWC iShares MSCI Canada ETF+0.9% 30d

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

  • 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.

  • CVX Chevron+6.5% 30d

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

  • COP ConocoPhillips+12.1% 30d

    ConocoPhillips (petroleum refining): 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
USO-3.36%-2.27%base-1.78%after closeafter closeafter close
XLE-2.42%-2.96%base-1.97%after closeafter closeafter close
AMLPNo price data for this ticker———————
UNGNo price data for this ticker———————
EWCNo price data for this ticker———————
XOM-3.61%-3.44%base-2.35%after closeafter closeafter close
CVX-2.74%-2.34%base-1.51%after closeafter closeafter close
COP-3.61%-3.79%base-2.20%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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Canada advances $31 billion Pacific oil pipeline to diversify exports beyond the U.S. Oil & Gas 360

Source: Oil & Gas 360

Energy

CompanyWhenMoveStatus
COPthat day-2.20%final price
COPthree days earlier-3.79%final price
COPfive days earlier-3.61%final price
CVXthat day-1.51%final price
CVXthree days earlier-2.34%final price
CVXfive days earlier-2.74%final price
USOthat day-1.78%final price
USOthree days earlier-2.27%final price
USOfive days earlier-3.36%final price
XLEthat day-1.97%final price
XLEthree days earlier-2.96%final price
XLEfive days earlier-2.42%final price
XOMthat day-2.35%final price
XOMthree days earlier-3.44%final price
XOMfive days earlier-3.61%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

“Canada advances $31 billion Pacific oil pipeline to diversify exports beyond the U.S.” scores 12 out of 100. The score uses 1 sources.