Geopolitics Alpha

TotalEnergies Profit Doubles as War Boosts Refining and Trading

Published . Updated .

ENERGYTotalEnergies Profit Doubles asWar Boosts Refining and TradingTTEGEOPOLITICS ALPHA

This report is about oil and refining.

Directly affected

  • TTE TotalEnergies SE

    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 “totalenergies” (oil) in this story.

  • XLE Energy Select Sector SPDR+12.1% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “totalenergies” (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.

  • 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.

  • XOM ExxonMobil Holdings+13.4% 16d

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

  • CVX Chevron+15.7% 30d

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

  • VLO Valero Energy+0.7% 30d

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

  • MPC Marathon Petroleum+13.1% 9d

    Marathon Petroleum (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
TTENo price data for this ticker———————
USONo price data for this ticker———————
XLENo price data for this ticker———————
CRAKNo price data for this ticker———————
ITA-1.57%-0.30%base+3.24%+1.05%after closeafter close
XOM-2.14%+1.35%base+0.18%+2.84%after closeafter close
CVX-1.18%+1.19%base+0.93%+2.77%after closeafter close
VLONo price data for this ticker———————
MPCNo price data for this ticker———————

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

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

TotalEnergies Profit Doubles as War Boosts Refining and Trading Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

Energy

CompanyWhenMoveStatus
CVXthat day+0.93%final price
CVXthe next day+2.77%final price
CVXthree days earlier+1.19%final price
CVXfive days earlier-1.18%final price
ITAthat day+3.24%final price
ITAthe next day+1.05%final price
ITAthree days earlier-0.30%final price
ITAfive days earlier-1.57%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

25 out of 100

“TotalEnergies Profit Doubles as War Boosts Refining and Trading” scores 25 out of 100. The score uses 2 sources.