Geopolitics Alpha

LyondellBasell sells shuttered Houston Refinery to Valero after pausing previous plans

Published . Updated .

ENERGYLyondellBasell sells shutteredHouston Refinery to Valero afterpausing previous plansGEOPOLITICS ALPHA

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+0.5% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • MPC Marathon Petroleum+10.0% 8d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • PSX Phillips 66+8.4% 30d

    Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • XOM ExxonMobil Holdings+10.9% 15d

    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

TickerT-5T-3T-1T0T+1T+2T+3
CRAKNo price data for this ticker———————
XLE+0.88%-0.71%baseafter closeafter closeafter closeafter close
VLO+8.98%+0.67%baseafter closeafter closeafter closeafter close
MPC+5.72%+0.79%baseafter closeafter closeafter closeafter close
PSXNo price data for this ticker———————
XOM+0.03%-1.79%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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LyondellBasell sells shuttered Houston Refinery to Valero after pausing previous plans The Business Journals

Source: The Business Journals

Energy

CompanyWhenMoveStatus
MPCthree days earlier+0.79%final price
MPCfive days earlier+5.72%final price
VLOthree days earlier+0.67%final price
VLOfive days earlier+8.98%final price
XLEthree days earlier-0.71%final price
XLEfive days earlier+0.88%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%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 the energy case looks

12 out of 100

“LyondellBasell sells shuttered Houston Refinery to Valero after pausing previous plans” scores 12 out of 100. The score uses 1 sources.