Geopolitics Alpha

Trump Demands Lower Gas Prices From Oil Companies, Chides Chevron CEO

Published . Updated .

ENERGYTrump Demands Lower Gas PricesFrom Oil Companies, Chides ChevronCEOCVXGEOPOLITICS ALPHA

This report is about Energy. Names like XOM and CVX typically gain because oil producers earn more when crude prices rise.

Directly affected

  • CVX Chevron+6.6%

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+7.3%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CVX———————
XOM———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

Market Call

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Trump Demands Lower Gas Prices From Oil Companies, Chides Chevron CEO EnergyNow.com

Source: EnergyNow.com

Energy

SPY
XLE

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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

12 out of 100

“Trump Demands Lower Gas Prices From Oil Companies, Chides Chevron CEO” scores 12 out of 100. The score uses 1 sources.