Geopolitics Alpha

South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, AMLP, XOM, CVX
  • Market reaction: XLE +0.5% on the day (still updating); USO +0.0% on the day (still updating); COP +1.5% on the day (still updating)

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ENERGYSouth Bow, Bridger to Develop NewOil Pipeline From Wyoming toCushing, OklahomaSOBOGEOPOLITICS ALPHA

This report is about oil and pipelines.

Directly affected

  • SOBO South Bow-0.1% 7d

    Named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

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

  • XLE Energy Select Sector SPDR+7.5% 30d

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

  • AMLP Alerian MLP ETF-0.5% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+4.7% 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.

  • SHEL Shell+0.8% 7d

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

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SOBO-6.58%-1.53%base+0.30%after closeafter closeafter close
USO+1.59%-3.20%base+0.03%after closeafter closeafter close
XLE-4.15%-3.23%base+0.50%after closeafter closeafter close
AMLPNo price data for this ticker———————
XOM-2.28%-3.14%base+0.57%after closeafter closeafter close
CVX-1.78%-2.44%base+0.96%after closeafter closeafter close
COP-2.69%-3.19%base+1.49%after closeafter closeafter close
SHEL+0.54%-1.30%base+0.49%after closeafter closeafter close
KMI-6.46%-2.59%base-0.05%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.

South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma EnergyNow

Source: EnergyNow

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Conocophillips (COP)that day+1.49%still updating
Conocophillips (COP)three days earlier-3.19%final price
Conocophillips (COP)five days earlier-2.69%final price
Chevron (CVX)that day+0.96%still updating
Chevron (CVX)three days earlier-2.44%final price
Chevron (CVX)five days earlier-1.78%final price
Kinder Morgan (KMI)that day-0.05%still updating
Kinder Morgan (KMI)three days earlier-2.59%final price
Kinder Morgan (KMI)five days earlier-6.46%final price
Shell (SHEL)that day+0.49%still updating
Shell (SHEL)three days earlier-1.30%final price
Shell (SHEL)five days earlier+0.54%final price
SOBOthat day+0.30%still updating
SOBOthree days earlier-1.53%final price
SOBOfive days earlier-6.58%final price
United States Oil Fund (USO)that day+0.03%still updating
United States Oil Fund (USO)three days earlier-3.20%final price
United States Oil Fund (USO)five days earlier+1.59%final price
Select Sector Spdr Tr (XLE)that day+0.50%still updating
Select Sector Spdr Tr (XLE)three days earlier-3.23%final price
Select Sector Spdr Tr (XLE)five days earlier-4.15%final price
ExxonMobil Holdings (XOM)that day+0.57%still updating
ExxonMobil Holdings (XOM)three days earlier-3.14%final price
ExxonMobil Holdings (XOM)five days earlier-2.28%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).

Companies in energy around United States Oil Fund (USO)

Companies tied to this story

  • USO United States Oil Fund

    In “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    For “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • AMLP Alps Etf Tr

    For “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence. Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

  • XOM ExxonMobil Holdings

    For “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    For “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    In “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • KMI Kinder Morgan

    In “South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

United States Oil Fund (USO) and the energy link

“South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma” (13 Nov 2026) reaches United States Oil Fund (USO) through Energy.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Dates in the story, and the United States Oil Fund (USO) price range

AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How solid the energy case looks

46 out of 100Price not final

“South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.