Geopolitics Alpha

Portugal Weighs A Bigger Stake In Galp After Refinery Deal Dies

Published . Updated .

ENERGYPortugal Weighs A Bigger Stake InGalp After Refinery Deal DiesGEOPOLITICS ALPHA

This report is about oil and refining.

Directly affected

  • No company is 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 “galp” (oil) in this story.

  • XLE Energy Select Sector SPDR+12.1% 30d

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

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“portugal”).

  • SHEL Shell+0.1% 13d

    Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “galp” (oil) in this story.

  • XOM ExxonMobil Holdings+13.4% 16d

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

  • BP BP p.l.c+5.4% 15d

    BP p.l.c (petroleum refining, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “galp” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-1.54%-1.29%baseafter closeafter closeafter closeafter close
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
CRAKNo price data for this ticker———————
BWETNo price data for this ticker———————
VGKNo price data for this ticker———————
SHELNo price data for this ticker———————
XOM-1.45%-2.77%baseafter closeafter closeafter closeafter close
BPNo 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

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Portugal Weighs A Bigger Stake In Galp After Refinery Deal Dies Finimize

Source: Finimize

Energy

CompanyWhenMoveStatus
USOthree days earlier-1.29%final price
USOfive days earlier-1.54%final price
XLEthree days earlier-2.20%final price
XLEfive days earlier-0.51%final price
XOMthree days earlier-2.77%final price
XOMfive days earlier-1.45%final price

Energy

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

“Portugal Weighs A Bigger Stake In Galp After Refinery Deal Dies” scores 12 out of 100. The score uses 1 sources.