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Petrochina shares rise as Q3 profit surges on strong oil prices

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Covered by 2 outlets: Yahoo Finance, Investing.com.

Who covered it: Center 2. How we rate outlets

Petrochina shares rise as Q3 profit surges on strong oil prices

Investing.com-- PetroChina’s Hong Kong-listed shares rose on Thursday after the company reported a sharp rise in third-quarter profit, as elevated oil and gas prices tied to the ongoing Middle East conflict boosted earnings well ahead of expectations.

Directly affected

  • PCCYF Petrochina

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+13.9% 30d

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

  • XLE Energy Select Sector SPDR+12.1% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • UNG United States Natural Gas Fund-11.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • EWH iShares MSCI Hong Kong ETF-2.5% 30d

    iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”).

  • XOM ExxonMobil Holdings+13.4% 16d

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

  • CVX Chevron+15.7% 30d

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

  • COP ConocoPhillips+8.3% 30d

    ConocoPhillips (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
PCCYFNo price data for this ticker———————
USO-2.52%-0.26%base+0.32%—after closeafter close
XLE-1.29%+1.72%base+0.37%—after closeafter close
UNGNo price data for this ticker———————
BWETNo price data for this ticker———————
EWHNo price data for this ticker———————
XOM-2.14%+1.35%base+0.18%+2.84%after closeafter close
CVX-1.18%+1.19%base+0.93%+2.77%after closeafter close
COP-2.27%+1.58%base+0.21%—after 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.

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Petrochina shares rise as Q3 profit surges on strong oil prices Yahoo Finance Singapore

Source: Yahoo Finance

Middle East

CompanyWhenMoveStatus
COPthat day+0.21%final price
COPthree days earlier+1.58%final price
COPfive days earlier-2.27%final price
CVXthat day+0.93%final price
CVXthe next day+2.77%final price
CVXthree days earlier+1.19%final price
CVXfive days earlier-1.18%final price
USOthat day+0.32%final price
USOthree days earlier-0.26%final price
USOfive days earlier-2.52%final price
XLEthat day+0.37%final price
XLEthree days earlier+1.72%final price
XLEfive days earlier-1.29%final price
XOMthat day+0.18%final price
XOMthe next day+2.84%final price
XOMthree days earlier+1.35%final price
XOMfive days earlier-2.14%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).

Middle East on the map for this story

Middle East

Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Petrochina shares rise as Q3 profit surges on strong oil prices” is tagged to Middle East.

How solid the energy case looks

25 out of 100

“Petrochina shares rise as Q3 profit surges on strong oil prices” scores 25 out of 100. The score uses 2 sources.