Morgan Stanley’s Wilson: correction in final phase, three reasons oil can fall into 2027
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Morgan Stanley’s Michael Wilson told CNBC the stock correction is in its final phase, with the S&P 500 near his 7,100 to 7,300 target zone. He sees oil…
Directly affected
- MS Morgan Stanley-5.2% 30d
Named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.1% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+4.0% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+1.1% 9d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MS | +3.42% | -3.28% | base | after close | after close | after close | after close |
| USO | +2.78% | +4.95% | base | after close | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | after close | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | after close | after close | after close | after close |
| CVX | +2.73% | +0.67% | base | after close | after close | after close | after close |
| COP | +0.96% | +0.52% | base | after close | after close | after close | after close |
| SHEL | +4.68% | +1.86% | 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.
Morgan Stanley’s Wilson: correction in final phase, three reasons oil can fall into 2027 investingLive
Source: investingLive
Energy
| Company | When | Move | Status |
|---|---|---|---|
| COP | three days earlier | +0.52% | final price |
| COP | five days earlier | +0.96% | final price |
| CVX | three days earlier | +0.67% | final price |
| CVX | five days earlier | +2.73% | final price |
| MS | three days earlier | -3.28% | final price |
| MS | five days earlier | +3.42% | final price |
| SHEL | three days earlier | +1.86% | final price |
| SHEL | five days earlier | +4.68% | final price |
| USO | three days earlier | +4.95% | final price |
| USO | five days earlier | +2.78% | 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 |
Trades by members of Congress and officials in the stocks in this story
- 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.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 79 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 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
“Morgan Stanley’s Wilson: correction in final phase, three reasons oil can fall into 2027” scores 12 out of 100. The score uses 1 sources.