Geopolitics Alpha

Oil tanker rolled over in crash on Route 1 in Danvers

Published . Updated .

ENERGYOil tanker rolled over in crash onRoute 1 in DanversGEOPOLITICS ALPHA

This report is about tanker shipping and oil. Names like FRO and DHT typically gain because frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

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

  • USO United States Oil Fund+8.2% 30d

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

  • FRO Frontline+4.7% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • INSW International Seaways+0.8% 6d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • TNK Teekay Tankers

    Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • CVX Chevron+9.9% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USONo price data for this ticker———————
FRO-8.88%-7.19%baseafter closeafter closeafter closeafter close
DHT-5.02%-1.85%baseafter closeafter closeafter closeafter close
INSW-7.97%-4.63%baseafter closeafter closeafter closeafter close
TNK-6.27%-5.65%baseafter closeafter closeafter closeafter close
XOM-3.61%-3.44%baseafter closeafter closeafter closeafter close
CVX-2.74%-2.34%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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Oil tanker rolled over in crash on Route 1 in Danvers WCVB

Source: WCVB

Energy

CompanyWhenMoveStatus
CVXthree days earlier-2.34%final price
CVXfive days earlier-2.74%final price
DHTthree days earlier-1.85%final price
DHTfive days earlier-5.02%final price
FROthree days earlier-7.19%final price
FROfive days earlier-8.88%final price
INSWthree days earlier-4.63%final price
INSWfive days earlier-7.97%final price
TNKthree days earlier-5.65%final price
TNKfive days earlier-6.27%final price
XOMthree days earlier-3.44%final price
XOMfive days earlier-3.61%final price

Trades by members of Congress and officials 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

“Oil tanker rolled over in crash on Route 1 in Danvers” scores 12 out of 100. The score uses 1 sources.