Geopolitics Alpha

Chevron, Exxon, Shell and ConocoPhillips Hit Record Highs as Crude Rally Powers On Into Earnings

Published . Updated .

ENERGYChevron, Exxon, Shell andConocoPhillips Hit Record Highs asCrude Rally Powers On Into…CVXXOMSHELCOPGEOPOLITICS ALPHA

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

Directly affected

  • CVX Chevron+9.9%

    Named in this report.

  • XOM ExxonMobil Holdings+11.0%

    Named in this report.

  • SHEL Shell+0.1%

    Named in this report.

  • COP Conocophillips+11.7%

    Named in this report.

Indirectly affected

  • OXY Occidental Petroleum+3.8%

    Oil producers earn more when crude prices rise

  • VLO Valero+9.5%

    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+4.2%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+7.4%

    A fund of energy companies

  • USO United States Oil Fund+8.2%

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CVX-3.75%-2.77%baseafter closeafter closeafter closeafter close
XOM-2.72%-2.80%baseafter closeafter closeafter closeafter close
SHEL-3.11%-2.58%baseafter closeafter closeafter closeafter close
COP-3.70%-3.40%baseafter closeafter closeafter closeafter close
OXY-2.23%-2.27%baseafter closeafter closeafter closeafter close
VLO+3.31%+4.13%baseafter closeafter closeafter closeafter close
MPC+3.75%+2.58%baseafter closeafter closeafter closeafter close
XOP-1.09%-1.32%baseafter closeafter closeafter closeafter close
XLE-2.19%-1.69%baseafter closeafter closeafter closeafter close
USO-5.13%-5.78%baseafter closeafter closeafter closeafter close
OIH-3.02%-0.91%baseafter closeafter 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

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Chevron, Exxon, Shell and ConocoPhillips Hit Record Highs as Crude Rally Powers On Into Earnings Benzinga

Source: Benzinga

Energy

CompanyWhenMoveStatus
COPthree days earlier-3.40%final price
COPfive days earlier-3.70%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
MPCthree days earlier+2.58%final price
MPCfive days earlier+3.75%final price
OIHthree days earlier-0.91%final price
OIHfive days earlier-3.02%final price
OXYthree days earlier-2.27%final price
OXYfive days earlier-2.23%final price
SHELthree days earlier-2.58%final price
SHELfive days earlier-3.11%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
VLOthree days earlier+4.13%final price
VLOfive days earlier+3.31%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price
XOPthree days earlier-1.32%final price
XOPfive days earlier-1.09%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

“Chevron, Exxon, Shell and ConocoPhillips Hit Record Highs as Crude Rally Powers On Into Earnings” scores 12 out of 100. The score uses 1 sources.