Fact Sheet: President Donald J. Trump Announces Historic Oil Agreement to Secure American Energy Dominance and Drive Venezuela’s Economic Recovery
Fact sheetInvestment or subsidyPublished 08/31Open the original
Summary
President Trump announces an oil deal giving the United States majority control of more than 65 billion barrels of proven reserves in Venezuela. NABEP received 100-year concessions for 17 fields and grants the Department of War's Office of Strategic Capital a 35% equity stake and the State Department the right to buy 20% of output at production cost.
By industry
- Energy & LNG1 trading day+1.0%p15 stocks5 trading days+0.8%p15 stocks20 trading days+129.9%p15 stocks
“secured U.S. majority control of more than 65 billion barrels of proven oil reserves in Venezuela”
Day by day after the announcement
| Day | Energy & LNG stocks | S&P 500 |
|---|---|---|
| 26/08/28 | 0.0% | 0.0% |
| 26/08/31 | +0.8% | −0.3% |
| 26/09/01 | +2.8% | −0.9% |
| 26/09/02 | +2.0% | −0.5% |
| 26/09/03 | +1.2% | +0.4% |
| 26/09/04 | +0.9% | +0.1% |
| 26/09/08 | +0.8% | −0.4% |
| 26/09/09 | +0.9% | −0.9% |
| 26/09/10 | +1.5% | −1.4% |
| 26/09/11 | +0.6% | −0.6% |
| 26/09/14 | +303.7% | −1.1% |
| 26/09/15 | +282.4% | −1.4% |
| 26/09/16 | +272.4% | −1.7% |
| 26/09/17 | +269.0% | −0.9% |
| 26/09/18 | +271.2% | −0.8% |
| 26/09/21 | +232.9% | +0.6% |
| 26/09/22 | +171.8% | +0.5% |
| 26/09/23 | +132.9% | −0.1% |
| 26/09/24 | +126.3% | −0.3% |
| 26/09/25 | +138.2% | +0.3% |
| 26/09/28 | +129.4% | −0.5% |
Korean stocks in these industries
- Korea Gas Corporation 036460
- POSCO International 047050
- SK Innovation 096770
- Samsung Heavy Industries 010140
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Alan Armstrong
BuyWilliams Companies
BuyWilliams Companies
WMB
$15K–$50K
Joint
$15K–$50K
Reported 09/17
Traded 08/20
- Alan Armstrong
BuyWilliams Companies
BuyWilliams Companies
WMB
$1K–$15K
Joint
$1K–$15K
Reported 09/17
Traded 08/19
