Petrobras completes Morpho drilling with third oil find in block FZA-M-59
Published . Updated .
This report is about oil and oilfield services.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+9.3% 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.
- OIH VanEck Oil Services ETF+2.0% 30d
VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story.
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- EWZ iShares MSCI Brazil ETF-11.6% 30d
iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“petrobras”).
- XOM ExxonMobil Holdings+10.9% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+10.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SLB Slb N.V+5.3% 30d
Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +0.80% | -2.73% | base | +0.69% | after close | after close | after close |
| XLE | +0.88% | -0.71% | base | +1.23% | after close | after close | after close |
| OIH | -2.51% | +0.34% | base | +0.41% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| EWZNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | +0.03% | -1.79% | base | +1.22% | after close | after close | after close |
| CVX | +0.78% | -1.37% | base | +1.64% | after close | after close | after close |
| SLBNo price data for this ticker | — | — | — | — | — | — | — |
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
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Petrobras completes Morpho drilling with third oil find in block FZA-M-59 Drilling Contractor
Source: Drilling Contractor
Energy
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | +1.64% | still updating |
| CVX | three days earlier | -1.37% | final price |
| CVX | five days earlier | +0.78% | final price |
| OIH | that day | +0.41% | still updating |
| OIH | three days earlier | +0.34% | final price |
| OIH | five days earlier | -2.51% | final price |
| USO | that day | +0.69% | still updating |
| USO | three days earlier | -2.73% | final price |
| USO | five days earlier | +0.80% | final price |
| XLE | that day | +1.23% | still updating |
| XLE | three days earlier | -0.71% | final price |
| XLE | five days earlier | +0.88% | final price |
| XOM | that day | +1.22% | still updating |
| XOM | three days earlier | -1.79% | final price |
| XOM | five days earlier | +0.03% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 16 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 60 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 16 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 37 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 58 days before publication. Filed 7 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 100Price not final
“Petrobras completes Morpho drilling with third oil find in block FZA-M-59” scores 12 out of 100. The score uses 1 sources. The price is not final yet.