Shares of energy companies are trading higher amid strength in oil.
Portfolio Pulse from Benzinga Newsdesk
Shares of energy companies are trading higher due to the strength in oil.
August 09, 2023 | 3:10 pm
News sentiment analysis
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POSITIVE IMPACT
APA Corporation's shares are likely trading higher due to the strength in oil.
As an energy company, APA Corporation's stock price is directly influenced by the performance of the oil market. The current strength in oil is likely driving the increase in APA's share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Marathon Petroleum Corporation's shares are likely trading higher due to the strength in oil.
As an energy company, Marathon Petroleum Corporation's stock price is directly influenced by the performance of the oil market. The current strength in oil is likely driving the increase in MPC's share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Marathon Oil Corporation's shares are likely trading higher due to the strength in oil.
As an energy company, Marathon Oil Corporation's stock price is directly influenced by the performance of the oil market. The current strength in oil is likely driving the increase in MRO's share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
TotalEnergies SE's shares are likely trading higher due to the strength in oil.
As an energy company, TotalEnergies SE's stock price is directly influenced by the performance of the oil market. The current strength in oil is likely driving the increase in TTE's share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100