Geopolitics Alpha

Tanker hit by projectiles in Gulf, UK maritime agency says

Published . Updated .

ENERGYTanker hit by projectiles in Gulf,UK maritime agency saysGEOPOLITICS ALPHA

This report is about tanker shipping and the UK. Names like FRO and DHT typically gain because frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) 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 (“uk”).

  • FRO Frontline+14.2% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • INSW International Seaways+1.7% 11d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • TNK Teekay Tankers

    Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
EWUNo price data for this ticker———————
FRO-2.94%-2.39%baseafter closeafter closeafter closeafter close
DHT-1.70%-2.24%baseafter closeafter closeafter closeafter close
INSW+1.66%-0.13%baseafter closeafter closeafter closeafter close
TNK+0.20%-1.49%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.

Market Call

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Tanker hit by projectiles in Gulf, UK maritime agency says Yahoo

Source: Yahoo

Energy

CompanyWhenMoveStatus
DHTthree days earlier-2.24%final price
DHTfive days earlier-1.70%final price
FROthree days earlier-2.39%final price
FROfive days earlier-2.94%final price
INSWthree days earlier-0.13%final price
INSWfive days earlier+1.66%final price
TNKthree days earlier-1.49%final price
TNKfive days earlier+0.20%final price

How solid the energy case looks

12 out of 100

“Tanker hit by projectiles in Gulf, UK maritime agency says” scores 12 out of 100. The score uses 1 sources.