Dangote Refinery IPO Draws $4.1B in Orders
Published . Updated .
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This report is about refining.
Directly affected
- No company is named in this report.
Indirectly affected
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- VLO Valero Energy-11.1% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- MPC Marathon Petroleum-0.9% 15d
Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- PSX Phillips 66+0.3% 30d
Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CRAK | +4.45% | -1.14% | base | after close | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | after close | after close | after close | after close |
| VLO | +4.18% | -1.21% | base | after close | after close | after close | after close |
| MPC | +0.73% | -4.30% | base | after close | after close | after close | after close |
| PSX | +3.60% | -2.02% | base | after close | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | after close | after close | after close | after 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.
Dangote Refinery IPO Draws $4.1B in Orders Briefs Finance
Source: Briefs Finance
Energy
| Company | When | Move | Status |
|---|---|---|---|
| CRAK | three days earlier | -1.14% | final price |
| CRAK | five days earlier | +4.45% | final price |
| MPC | three days earlier | -4.30% | final price |
| MPC | five days earlier | +0.73% | final price |
| PSX | three days earlier | -2.02% | final price |
| PSX | five days earlier | +3.60% | final price |
| VLO | three days earlier | -1.21% | final price |
| VLO | five days earlier | +4.18% | final price |
| XLE | three days earlier | -0.95% | final price |
| XLE | five days earlier | +2.11% | final price |
| XOM | three days earlier | +0.89% | final price |
| XOM | five days earlier | +3.07% | final price |
Congressional trades in the stocks in this story
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 27 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 50 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
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
“Dangote Refinery IPO Draws $4.1B in Orders” scores 12 out of 100. The score uses 1 sources.