Geopolitics Alpha

Shell to sell North West Shelf LNG stake to ADNOC’s XRG for $1.45 billion

Published . Updated .

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ENERGYShell to sell North West Shelf LNGstake to ADNOC’s XRG for $1.45billionSHELNWCYYGEOPOLITICS ALPHA

This report is about natural gas.

Directly affected

  • SHEL Shell-2.5% 12d

    Named in this report.

  • NWCYY North West

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-17.0% 30d

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

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • LNG Cheniere Energy+14.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • EQT Eqt+3.2% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • KMI Kinder Morgan+4.8% 6d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SHEL-0.17%+2.59%base-0.59%after closeafter closeafter close
NWCYYNo price data for this ticker———————
UNG+6.94%+1.94%base+0.55%after closeafter closeafter close
XLE+1.44%+2.16%base-0.17%after closeafter closeafter close
LNG-3.81%+2.35%base+0.69%after closeafter closeafter close
EQT+2.63%-0.55%base-0.29%after closeafter closeafter close
KMI+3.48%+3.80%base+1.36%after closeafter closeafter close
WMB+4.07%+5.18%base+2.98%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.

Shell to sell North West Shelf LNG stake to ADNOC’s XRG for $1.45 billion World Oil

Source: World Oil

Energy

CompanyWhenMoveStatus
EQTthat day-0.29%still updating
EQTthree days earlier-0.55%final price
EQTfive days earlier+2.63%final price
KMIthat day+1.36%still updating
KMIthree days earlier+3.80%final price
KMIfive days earlier+3.48%final price
LNGthat day+0.69%still updating
LNGthree days earlier+2.35%final price
LNGfive days earlier-3.81%final price
SHELthat day-0.59%still updating
SHELthree days earlier+2.59%final price
SHELfive days earlier-0.17%final price
UNGthat day+0.55%still updating
UNGthree days earlier+1.94%final price
UNGfive days earlier+6.94%final price
WMBthat day+2.98%still updating
WMBthree days earlier+5.18%final price
WMBfive days earlier+4.07%final price
XLEthat day-0.17%still updating
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%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

25 out of 100Price not final

“Shell to sell North West Shelf LNG stake to ADNOC’s XRG for $1.45 billion” scores 25 out of 100. The score uses 2 sources. The price is not final yet.