Shares of oil and gas companies are trading higher following an attempted rebellion by the Wagner Group in Russia, which has caused supply uncertainty,
Portfolio Pulse from Benzinga Newsdesk
Oil and gas stocks are trading higher due to supply uncertainty following an attempted rebellion by the Wagner Group in Russia.
June 26, 2023 | 5:16 pm
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POSITIVE IMPACT
CNQ's stock price may rise in the short term due to supply uncertainty caused by the Wagner Group's attempted rebellion in Russia.
The attempted rebellion by the Wagner Group in Russia has caused supply uncertainty, which may lead to higher oil and gas prices. This could benefit CNQ as it may result in increased revenues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
EOG's stock price may increase in the short term due to supply uncertainty caused by the Wagner Group's attempted rebellion in Russia.
The supply uncertainty caused by the Wagner Group's attempted rebellion in Russia may lead to higher oil and gas prices, potentially benefiting EOG through increased revenues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
NE's stock price may rise in the short term due to supply uncertainty following the Wagner Group's attempted rebellion in Russia.
The attempted rebellion by the Wagner Group in Russia has caused supply uncertainty, which may lead to higher oil and gas prices. This could benefit NE as it may result in increased revenues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
RIG's stock price may increase in the short term due to supply uncertainty caused by the Wagner Group's attempted rebellion in Russia.
The supply uncertainty caused by the Wagner Group's attempted rebellion in Russia may lead to higher oil and gas prices, potentially benefiting RIG through increased revenues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
TRP's stock price may rise in the short term due to supply uncertainty following the Wagner Group's attempted rebellion in Russia.
The attempted rebellion by the Wagner Group in Russia has caused supply uncertainty, which may lead to higher oil and gas prices. This could benefit TRP as it may result in increased revenues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
VET's stock price may increase in the short term due to supply uncertainty caused by the Wagner Group's attempted rebellion in Russia.
The supply uncertainty caused by the Wagner Group's attempted rebellion in Russia may lead to higher oil and gas prices, potentially benefiting VET through increased revenues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50