Geopolitics Alpha

Palmdale Oil Acquires Tri-County Oil Distributors

Published . Updated .

Key takeaways

  • Palmdale Oil acquires Tri-County Oil Distributors, expanding its fuel and lubricant distribution network in North Central Florida.
  • Exposed: USO, XLE, XOM, CVX, COP
  • Market reaction: USO −3.9% on the day; XLE +0.5% on the day; COP −1.3% on the day

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Palmdale Oil Acquires Tri-County Oil Distributors

Palmdale Oil acquires Tri-County Oil Distributors, expanding its fuel and lubricant distribution network in North Central Florida.

Directly affected

  • No company is 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+3.0% 30d

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

  • COP ConocoPhillips+5.4% 19d

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

  • SHEL Shell+2.7% 10d

    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

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.62%-2.06%base-3.90%after closeafter closeafter close
XLE+9.12%+3.08%base+0.52%after closeafter closeafter close
XOM+8.37%+2.16%base-0.67%after closeafter closeafter close
CVX+7.15%+2.05%base-0.83%after closeafter closeafter close
COP+7.74%+0.44%base-1.31%after closeafter closeafter close
SHEL+5.91%+2.77%base-0.22%after 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.

Palmdale Oil Acquires Tri-County Oil Distributors JobbersWorld

Source: JobbersWorld

The price since 9 Nov 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Conocophillips (COP)that day-1.31%final price
Conocophillips (COP)three days earlier+0.44%final price
Conocophillips (COP)five days earlier+7.74%final price
Chevron (CVX)that day-0.83%final price
Chevron (CVX)three days earlier+2.05%final price
Chevron (CVX)five days earlier+7.15%final price
Shell (SHEL)that day-0.22%final price
Shell (SHEL)three days earlier+2.77%final price
Shell (SHEL)five days earlier+5.91%final price
United States Oil Fund (USO)that day-3.90%final price
United States Oil Fund (USO)three days earlier-2.06%final price
United States Oil Fund (USO)five days earlier+5.62%final price
Select Sector Spdr Tr (XLE)that day+0.52%final price
Select Sector Spdr Tr (XLE)three days earlier+3.08%final price
Select Sector Spdr Tr (XLE)five days earlier+9.12%final price
ExxonMobil Holdings (XOM)that day-0.67%final price
ExxonMobil Holdings (XOM)three days earlier+2.16%final price
ExxonMobil Holdings (XOM)five days earlier+8.37%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).

Who is named in “Palmdale Oil Acquires Tri-County Oil Distributors”

Companies tied to this story

  • USO United States Oil Fund

    For “Palmdale Oil Acquires Tri-County Oil Distributors,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “Palmdale Oil Acquires Tri-County Oil Distributors,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    For “Palmdale Oil Acquires Tri-County Oil Distributors,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Palmdale Oil Acquires Tri-County Oil Distributors.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Palmdale Oil Acquires Tri-County Oil Distributors.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    In “Palmdale Oil Acquires Tri-County Oil Distributors,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

United States Oil Fund (USO) is the company in “Palmdale Oil Acquires Tri-County Oil Distributors,” the 9 Nov 2026 Energy story.

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

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Price levels for United States Oil Fund (USO)

USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70. XOM traded between 167.40 and 188.47 across 17 sessions. The latest close on file is 169.46.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Palmdale Oil Acquires Tri-County Oil Distributors” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.