Pages

Thursday, May 26, 2022

Anticipation -- May 26, 2022

Updates

Later, 9:31 a.m. CT: wow, wow, wow -- is anyone paying attention? WTI just surged 3% while Brent jumped 2% --

  • Brent: $116.60
  • WTI: $113.70

Windfall profits tax:

  • Hungary announced windfall profits tax earlier this week;
  • UK hits oil and gas companies with 25% windfall tax;

Earlier Notes

Opening trades, pre-market:

  • CVX: up $1.02; would be a new intra-day 52-week high
  • EOG: up $1.42; ditto
  • XOM: up 66 cents; ditto
  • PSX: up 65 cents; ditto
  • MNRL: up 94 cents; ditto; could hit $30 today
  • DVN: up 91 cents; may be one of the laggards, not hitting a new intra-day 52-week high
  • HES: up $1.23; would be a new intra-day 52-week high; and, would hit $120

At the open:

  • CVX: up 53 cents; up 0.4%
  • EOG: up $2.78; up 2.1%; trading at $136 -- all well above pre-market
  • XOM: up 82 cents;
  • PSX: up $1.19; up 1.1%; trading at $100 -- all well above pre-market
  • MNRL: up 63 cents; has not yet hit $30
  • DVN: up 97 cents
  • HES: up $2.06; up 1.8%; trading at $121 -- all well above pre-market

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

Mid-morning:

  • CVX: up 92 cents
  • EOG: up 93 cents;
  • XOM: up 45 cents;
  • PSX: down 6 cents; say what?
  • MNRL: up 91 cents; has not yet hit $30
  • DVN: huge -- up almost 3%; up $2.00; trading at $74;
  • HES: down 24 cents; say what?

Lunch hour:

  • CVX: up $2.16 -- what happened? Oh, there is it, WTI surged 3.5%; up $3.86; and trading above $114, again.
  • EOG: up $2.27
  • XOM: up 80 cents;
  • PSX: up 45 cents;
  • MNRL: up $1.34; trading above $30, now
  • DVN: huge -- up almost 3%; up $2.00; trading at $74;
  • HES: up $1.37;

2 comments:

Note: Only a member of this blog may post a comment.