Geopolitics Alpha

Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia

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Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia Reuters

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    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
XOM———————
CVX-2.61%-3.22%—+1.43%+2.75%+4.76%+3.48%
OXY-2.97%-3.14%—+1.72%+2.59%+2.20%+0.96%
COP-4.28%-3.18%—+2.57%+5.07%+6.13%+5.67%
VLO———————
MPC-4.71%-2.77%—+0.99%+4.89%+6.56%+4.75%
XOP———————
XLE———————
USO———————
OIH+1.60%-1.76%—+0.08%+0.59%-1.55%-3.03%

Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia Reuters

Source: Reuters

State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) compared with energy stocks (XLE) since 12 Oct 2026

Since the first closing price after “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is -0.13%. The S&P 500 fund (SPY) is -1.47% over the same days, a +1.34% difference versus the market. energy stocks (XLE) is +0.92%, a -1.05% difference versus that group of stocks.

CompanyWhenMoveStatus
COPthat day+2.57%final price
COPthe next day+5.07%final price
COPtwo days later+6.13%final price
COPthree days later+5.67%final price
COPthree days earlier-3.18%final price
COPfive days earlier-4.28%final price
CVXthat day+1.43%final price
CVXthe next day+2.75%final price
CVXtwo days later+4.76%final price
CVXthree days later+3.48%final price
CVXthree days earlier-3.22%final price
CVXfive days earlier-2.61%final price
MPCthat day+0.99%final price
MPCthe next day+4.89%final price
MPCtwo days later+6.56%final price
MPCthree days later+4.75%final price
MPCthree days earlier-2.77%final price
MPCfive days earlier-4.71%final price
OIHthat day+0.08%final price
OIHthe next day+0.59%final price
OIHtwo days later-1.55%final price
OIHthree days later-3.03%final price
OIHthree days earlier-1.76%final price
OIHfive days earlier+1.60%final price
OXYthat day+1.72%final price
OXYthe next day+2.59%final price
OXYtwo days later+2.20%final price
OXYthree days later+0.96%final price
OXYthree days earlier-3.14%final price
OXYfive days earlier-2.97%final price
XOP
SPY
XLE

Official trades in State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) around 12 Oct 2026

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).

Who gains and who loses around State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP)

Companies mentioned with this story

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    For “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • USO United States Oil Fund

    For “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XLE Select Sector Spdr Tr

    In “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • INDO Indonesia Energy

    In “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” Indonesia Energy (INDO) is linked, with no stored direction, medium confidence. Reason on file: GA selected INDO as a RELATED security because its canonical security name directly matches this event's themes: indonesia, energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AEIS Advanced Energy Industries

    Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia.” Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AMPY Amplify Energy

    For “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ATO Atmos Energy

    For “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia,” Atmos Energy (ATO) is linked, with no stored direction, medium confidence. Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) and the energy link

The 12 Oct 2026 story “Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia” names State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) because of Energy.

For State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Also listed, United States Oil Fund (USO): Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Price levels for State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP)

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.

A simple score for State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP)

46 out of 100

“Medco Energi to take 10% stake in four Eni oil and gas blocks in Indonesia” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.