Geopolitics Alpha

Carney’s pipeline push is unlikely to bring back Canada’s oil jobs boom

Published . Updated .

Covered by 2 outlets: Pipeline and Gas Journal, Reuters.

Who covered it: Center 1 · Not rated 1. How we rate outlets

ENERGYCarney’s pipeline push is unlikelyto bring back Canada’s oil jobsboomGEOPOLITICS ALPHA

This report is about Energy. Names like XOM and CVX typically gain because oil producers earn more when crude prices rise.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+7.3%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

Market Call

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Carney’s pipeline push is unlikely to bring back Canada’s oil jobs boom Pipeline and Gas Journal

Source: Pipeline and Gas Journal

Energy

SPY
XLE

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

38 out of 100

“Carney’s pipeline push is unlikely to bring back Canada’s oil jobs boom” scores 38 out of 100. The score uses 3 sources.