Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as Amended, on Coal Supply Chains and Baseload Power Generation Capacity
MemorandumInvestment or subsidySigned 04/20Federal Register 04/23Open the original
Summary
Under section 303 of the Defense Production Act, President Trump determines that coal supply chains and baseload generation capacity, from mining and rail and barge logistics to terminals and plant life extension, are essential to the national defense, allowing the Secretary of Energy to support them with purchases, commitments and financing.
By industry
- Energy & LNG1 trading day−0.4%p15 stocks5 trading days+0.2%p15 stocks20 trading days+0.7%p15 stocks
“coal supply chains and baseload power generation capacity, including coal mining, rail and barge logistics”
Day by day after the announcement
| Day | Energy & LNG stocks | S&P 500 |
|---|---|---|
| 26/04/17 | 0.0% | 0.0% |
| 26/04/20 | −0.5% | −0.1% |
| 26/04/21 | −0.1% | −0.5% |
| 26/04/22 | +1.7% | +0.0% |
| 26/04/23 | +1.8% | −0.1% |
| 26/04/24 | +0.7% | +0.5% |
| 26/04/27 | +1.0% | +0.8% |
| 26/04/28 | +2.5% | +0.3% |
| 26/04/29 | +4.6% | +0.4% |
| 26/04/30 | +6.3% | +1.4% |
| 26/05/01 | +5.3% | +1.3% |
| 26/05/04 | +8.0% | +1.1% |
| 26/05/05 | +6.7% | +2.3% |
| 26/05/06 | +1.7% | +3.2% |
| 26/05/07 | +0.4% | +2.9% |
| 26/05/08 | −1.1% | +3.9% |
| 26/05/11 | +0.9% | +4.1% |
| 26/05/12 | +2.5% | +3.8% |
| 26/05/13 | +2.5% | +4.7% |
| 26/05/14 | +3.5% | +5.3% |
| 26/05/15 | +4.6% | +3.9% |
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.
- Marcel Teunissen
BuyExpand Energy
BuyExpand Energy
EXE
$192.9K
2,000 sh
$192.9K
Filed 05/07
Traded 05/07
- Jeffrey A. Jewell
BuyDT Midstream
BuyDT Midstream
DTM
$22.2K
150 sh
$22.2K
Filed 05/15
Traded 05/15
- Zach Davis
SellCheniere Energy
SellCheniere Energy
LNG
$8.7M
29,000 sh
$8.7M
Filed 04/01
Traded 03/30
- John Dean Porter
SellWilliams Companies
SellWilliams Companies
WMB
$3.8M
50,000 sh
$3.8M
Filed 05/07
Traded 05/06
- Fory Musser
SellVenture Global
SellVenture Global
VG
$26.2M
2,000,000 sh
$26.2M
Filed 05/15
Traded 05/14
- Anatol Feygin
SellCheniere Energy
SellCheniere Energy
LNG
$8.8M
30,183 sh
$8.8M
Filed 03/30
Traded 03/26
- Brian Cothran
SellVenture Global
SellVenture Global
VG
$7M
473,533 sh
$7M
Filed 05/21
Traded 05/19
- Dennis Degner
SellRange Resources
SellRange Resources
RRC
$693.2K
15,000 sh
$693.2K
Filed 03/31
Traded 03/30
- Sean N. Markowitz
SellCheniere Energy
SellCheniere Energy
LNG
$3.9M
13,436 sh
$3.9M
Filed 03/30
Traded 03/26
- Alan Armstrong
Full saleKinder Morgan
Full saleKinder Morgan
KMI
$1K–$15K
Self
$1K–$15K
Reported 07/21
Traded 03/27
- Anatol Feygin
SellCheniere Energy
SellCheniere Energy
LNG
$3M
10,249 sh
$3M
Filed 03/30
Traded 03/26
- Sean N. Markowitz
SellCheniere Energy
SellCheniere Energy
LNG
$2.6M
8,810 sh
$2.6M
Filed 03/30
Traded 03/26
- Brian Cothran
SellVenture Global
SellVenture Global
VG
$1.8M
120,623 sh
$1.8M
Filed 05/21
Traded 05/20
- Jonathan W. Thayer
Sell10b5-1 planVenture Global
Sell10b5-1 planVenture Global
VG
$1.6M
111,111 sh
$1.6M
Filed 05/19
Traded 05/19
- Yvette K. Schultz
SellAntero Resources
SellAntero Resources
AR
$1.5M
38,941 sh
$1.5M
Filed 05/04
Traded 05/04
- G. Andrea Botta
SellCheniere Energy
SellCheniere Energy
LNG
$1.5M
5,000 sh
$1.5M
Filed 03/30
Traded 03/27
- Jonathan W. Thayer
Sell10b5-1 planVenture Global
Sell10b5-1 planVenture Global
VG
$1.3M
111,111 sh
$1.3M
Filed 04/21
Traded 04/21
- Jonathan W. Thayer
Sell10b5-1 planVenture Global
Sell10b5-1 planVenture Global
VG
$1.3M
111,112 sh
$1.3M
Filed 04/21
Traded 04/20
- Jonathan W. Thayer
Sell10b5-1 planVenture Global
Sell10b5-1 planVenture Global
VG
$1.2M
86,528 sh
$1.2M
Filed 05/19
Traded 05/18
- William N. Thorndike Jr.
SellCNX Resources
SellCNX Resources
CNX
$1.1M
28,800 sh
$1.1M
Filed 05/06
Traded 05/04