Geopolitics Alpha

Shell criticized over bumper earnings haul amid soaring oil prices

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Shell criticized over bumper earnings haul amid soaring oil prices

Shell has revealed quarterly earnings nearly doubled as it continued to capitalize on soaring oil prices caused by the Iran war. The FTSE 100 oil giant reported a better-than-expected underlying earnings haul of $10.

Directly affected

  • SHEL Shell+0.1% 13d

    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.

  • 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.

  • ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • EWU iShares MSCI United Kingdom ETF-2.3% 30d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“ftse”).

  • 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.

  • OXY Occidental Petroleum+1.5% 30d

    Occidental Petroleum (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
SHEL+0.66%+1.71%base+2.44%+3.42%after closeafter close
USO-2.52%-0.26%base+0.32%+1.30%after closeafter close
XLE-1.29%+1.72%base+0.37%+2.25%after closeafter close
BWETNo price data for this ticker———————
ITANo price data for this ticker———————
EWUNo 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%—after closeafter close
OXY-0.60%+1.91%base-0.49%—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.

Market Call

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Shell criticized over bumper earnings haul amid soaring oil prices Yahoo Finance

Source: Yahoo Finance

Energy

CompanyWhenMoveStatus
CVXthat day+0.93%final price
CVXthree days earlier+1.19%final price
CVXfive days earlier-1.18%final price
OXYthat day-0.49%final price
OXYthree days earlier+1.91%final price
OXYfive days earlier-0.60%final price
SHELthat day+2.44%final price
SHELthe next day+3.42%final price
SHELthree days earlier+1.71%final price
SHELfive days earlier+0.66%final price
USOthat day+0.32%final price
USOthe next day+1.30%final price
USOthree days earlier-0.26%final price
USOfive days earlier-2.52%final price
XLEthat day+0.37%final price
XLEthe next day+2.25%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).

How solid the energy case looks

12 out of 100

“Shell criticized over bumper earnings haul amid soaring oil prices” scores 12 out of 100. The score uses 1 sources.