Geopolitics Alpha

Collapse of Galp-Moeve European Refining Merger

Published . Updated .

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.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHACollapse of Galp-Moeve EuropeanRefining MergerGEOPOLITICS ALPHA

This report is about oil and refining.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund

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

  • XLE Energy Select Sector SPDR

    Energy Select Sector SPDR: its price follows crude oil. Linked by “galp” (oil) in this story.

  • CRAK VanEck Oil Refiners ETF

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

  • BWET Breakwave Tanker Shipping ETF

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

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).

  • XOM ExxonMobil Holdings

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

  • BP BP p.l.c

    BP p.l.c (petroleum refining, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “galp” (oil) in this story.

  • CVX Chevron

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-1.54%-1.29%base-7.16%-6.32%-13.84%-12.25%
XLE-0.51%-2.20%base-3.91%-4.71%-9.28%-11.35%
CRAK+4.05%-0.25%base-1.82%-2.48%-5.45%-8.78%
BWET-4.39%-3.93%base-2.78%-10.37%-24.41%-28.03%
VGK-1.12%-0.25%base+0.59%+0.05%+2.96%+0.96%
XOM-1.45%-2.77%base-4.00%-5.21%-9.49%-11.72%
BP+0.21%-1.25%base-5.04%-5.62%-9.88%-11.32%
CVX-1.54%-2.69%base-3.31%-4.38%-7.92%-8.59%

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.

Collapse of Galp-Moeve European Refining Merger Industrial Info Resources

Source: Industrial Info Resources

This story

CompanyWhenMoveStatus
BPthat day-5.04%final price
BPthe next day-5.62%final price
BPtwo days later-9.88%final price
BPthree days later-11.32%final price
BPthree days earlier-1.25%final price
BPfive days earlier+0.21%final price
BWETthat day-2.78%final price
BWETthe next day-10.37%final price
BWETtwo days later-24.41%final price
BWETthree days later-28.03%final price
BWETthree days earlier-3.93%final price
BWETfive days earlier-4.39%final price
CRAKthat day-1.82%final price
CRAKthe next day-2.48%final price
CRAKtwo days later-5.45%final price
CRAKthree days later-8.78%final price
CRAKthree days earlier-0.25%final price
CRAKfive days earlier+4.05%final price
CVXthat day-3.31%final price
CVXthe next day-4.38%final price
CVXtwo days later-7.92%final price
CVXthree days later-8.59%final price
CVXthree days earlier-2.69%final price
CVXfive days earlier-1.54%final price
USOthat day-7.16%final price
USOthe next day-6.32%final price
USOtwo days later-13.84%final price
USOthree days later-12.25%final price
USOthree days earlier-1.29%final price
USOfive days earlier-1.54%final price
VGKthat day+0.59%final price
VGKthe next day+0.05%final price
VGKtwo days later+2.96%final price
VGKthree days later+0.96%final price
VGKthree days earlier-0.25%final price
VGKfive days earlier-1.12%final price
XLEthat day-3.91%final price
XLEthe next day-4.71%final price
XLEtwo days later-9.28%final price
XLEthree days later-11.35%final price
XLEthree days earlier-2.20%final price
XLEfive days earlier-0.51%final price
XOMthat day-4.00%final price
XOMthe next day-5.21%final price
XOMtwo days later-9.49%final price
XOMthree days later-11.72%final price
XOMthree days earlier-2.77%final price
XOMfive days earlier-1.45%final price

Congressional trades 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 “Collapse of Galp-Moeve European Refining Merger” looks

12 out of 100

“Collapse of Galp-Moeve European Refining Merger” scores 12 out of 100. The score uses 1 sources.