Geopolitics Alpha

Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, CRAK, XOM, CVX
  • Market reaction: price tracking starts with the next trading session.

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ENERGYSuncor adjusted earnings surge158% as stronger oil prices boostrefining marginsSUGEOPOLITICS ALPHA

This report is about oil and refining. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Directly affected

  • SU Suncor Energy

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

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

  • XLE Energy Select Sector SPDR+8.9% 30d

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

  • CRAK VanEck Oil Refiners ETF

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

  • XOM ExxonMobil Holdings+3.3% 15d

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

  • CVX Chevron+12.5% 30d

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

  • COP ConocoPhillips+11.6% 30d

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

  • BP BP p.l.c+6.7% 13d

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

  • DK Delek US Holdings-11.3% 30d

    Delek US Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SU+2.82%+5.36%baseafter closeafter closeafter closeafter close
USO+5.38%+6.75%baseafter closeafter closeafter closeafter close
XLE+2.64%+4.95%baseafter closeafter closeafter closeafter close
CRAK+2.29%+2.54%baseafter closeafter closeafter closeafter close
XOM+2.57%+5.49%baseafter closeafter closeafter closeafter close
CVX+1.76%+4.58%baseafter closeafter closeafter closeafter close
COP+3.21%+6.66%baseafter closeafter closeafter closeafter close
BP+4.63%+5.96%baseafter closeafter closeafter closeafter close
DK-0.52%+3.86%baseafter closeafter 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.

Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins Investing.com

Source: Investing.com

United States Oil Fund (USO) compared with energy stocks (XLE) since 3 Nov 2026

CompanyWhenMoveStatus
Bp (BP)three days earlier+5.96%final price
Bp (BP)five days earlier+4.63%final price
Conocophillips (COP)three days earlier+6.66%final price
Conocophillips (COP)five days earlier+3.21%final price
Vaneck Etf Trust (CRAK)three days earlier+2.54%final price
Vaneck Etf Trust (CRAK)five days earlier+2.29%final price
Chevron (CVX)three days earlier+4.58%final price
Chevron (CVX)five days earlier+1.76%final price
Delek US Holdings (DK)three days earlier+3.86%final price
Delek US Holdings (DK)five days earlier-0.52%final price
SUthree days earlier+5.36%final price
SUfive days earlier+2.82%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+5.38%final price
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%final price
ExxonMobil Holdings (XOM)three days earlier+5.49%final price
ExxonMobil Holdings (XOM)five days earlier+2.57%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).

Who collects and who pays in energy

The side that tends to collect

  • XOM ExxonMobil Holdings

    In “Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins,” ExxonMobil Holdings (XOM) tends to benefit, 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

    In “Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    In “Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins,” 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

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • CRAK Vaneck Etf Trust

    For “Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

“Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins” (3 Nov 2026) reaches United States Oil Fund (USO) through Energy.

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

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

What this energy story puts on the calendar

USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

A simple score for United States Oil Fund (USO)

46 out of 100

“Suncor adjusted earnings surge 158% as stronger oil prices boost refining margins” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.