Active · established relationshipLatest completed snapshot · Jul 14 · 18:03 ET

MARKET-DISCOVERED GROUP

Oil & Gas Midstream

THE TRADER READShared activity without a clean directional read

Price direction is split across 12 measured members. Capital-flow agreement is 2%, so the basket is not yet clean.

Price breadth6 up · 6 downRelative median unavailable

Capital-flow alignment2%Price breadth is not yet confirmed by flow

Activity nowNormalActivity score 46/100 · lift 1.0×

Evidence depth3 episodesLow sample—context, not a validated playbook

EVIDENCE CLOCK

What happened, in timestamp order

0 timed events

TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations

Price sequence unavailableA timestamped price sequence is unavailable.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast

WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

No high-confidence shared filing driver is available. The market relationship is observed, but the cause remains unexplained.

CONFIRMATION NETWORK

Outsiders and cross-asset links

1 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

BKVMoving with group

PNRG · text peer

TALONot confirming

PNRG · text peer

PRNot confirming

IMO · text peer

HPKNot confirming

PNRG · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

CVETBNKOSPBRSHELBPWDSCNQPBAIMOETSUTTEPBTEGYOBEBTEPNRGE

13/19 active6 rising · 6 falling

MemberUnusual activityToday's moveRead now

CVECenovus Energy Inc

Most unusual · 100/100

+1.4%

Active; unclassifiedActive in 0% of observed group sessions

TBNTamboran Resources Corporation

Elevated · 64/100

—

Active; unclassifiedActive in 8.3% of observed group sessions

KOSKosmos Energy Ltd.

Elevated · 60/100

—

Active; unclassifiedActive in 0% of observed group sessions

PBRPetróleo Brasileiro S.A. - Petrobras

Elevated · 52/100

+0.7%

Flow confirmerActive in 16.7% of observed group sessions

SHELShell PLC

Elevated · 51/100

—

Active; unclassifiedActive in 0% of observed group sessions

BPBP p.l.c.

Elevated · 49/100

-0.9%

Flow divergenceActive in 0% of observed group sessions

WDSWoodside Energy Group Limited

Elevated · 42/100

+0.9%

Active; unclassifiedActive in 8.3% of observed group sessions

CNQCanadian Natural Resources Limited

Elevated · 40/100

+0.7%

Flow confirmerActive in 0% of observed group sessions

PBAPembina Pipeline Corporation

Elevated · 39/100

-0.9%

Active; unclassifiedActive in 33.3% of observed group sessions

IMOImperial Oil Limited

Elevated · 39/100

+0.8%

Active; unclassifiedActive in 25% of observed group sessions

ETEnergy Transfer LP

Elevated · 39/100

-0.1%

Active; unclassifiedActive in 16.7% of observed group sessions

SUSuncor Energy Inc.

Elevated · 37/100

+0.7%

Flow divergenceActive in 0% of observed group sessions

TTETotalEnergies SE

Elevated · 36/100

-1.0%

Active; unclassifiedActive in 33.3% of observed group sessions

PBTPermian Basin Royalty Trust

Quiet · 35/100

—

Watch / laggardActive in 8.3% of observed group sessions

EGYVAALCO Energy, Inc.

Quiet · 30/100

—

Watch / laggardActive in 0% of observed group sessions

OBEObsidian Energy Ltd.

Quiet · 29/100

—

Watch / laggardActive in 0% of observed group sessions

BTEBaytex Energy Corp

Quiet · 26/100

-0.4%

Watch / laggardActive in 0% of observed group sessions

PNRGPrimeEnergy Resources Corporati

Quiet · 23/100

—

Watch / laggardActive in 0% of observed group sessions

EEni S.p.A.

Quiet · 22/100

-1.1%

Watch / laggardActive in 16.7% of observed group sessions

View exact member values

TICKER	Company	Role now	Today	Observed history	Trader interpretation
CVE	Cenovus Energy Inc	Most unusual	+1.4%	0% of 12 sessions	Most unusual activity in this snapshot; performance direction may differ.
TBN	Tamboran Resources Corporation	Participating	—	8.3% of 12 sessions	Price participation is not yet confirmed by per-name flow.
KOS	Kosmos Energy Ltd.	Participating	—	0% of 12 sessions	Price participation is not yet confirmed by per-name flow.
PBR	Petróleo Brasileiro S.A. - Petrobras	Participating	+0.7%	16.7% of 12 sessions	Price participation with accumulating signed flow.
SHEL	Shell PLC	Participating	—	0% of 12 sessions	Price participation is not yet confirmed by per-name flow.
BP	BP p.l.c.	Participating	-0.9%	0% of 12 sessions	Price participation with distributing signed flow.
WDS	Woodside Energy Group Limited	Participating	+0.9%	8.3% of 12 sessions	Price participation is not yet confirmed by per-name flow.
CNQ	Canadian Natural Resources Limited	Participating	+0.7%	0% of 12 sessions	Price participation with accumulating signed flow.
PBA	Pembina Pipeline Corporation	Participating	-0.9%	33.3% of 12 sessions	Price participation is not yet confirmed by per-name flow.
IMO	Imperial Oil Limited	Participating	+0.8%	25% of 12 sessions	Price participation is not yet confirmed by per-name flow.
ET	Energy Transfer LP	Participating	-0.1%	16.7% of 12 sessions	Price participation is not yet confirmed by per-name flow.
SU	Suncor Energy Inc.	Participating	+0.7%	0% of 12 sessions	Price participation with distributing signed flow.
TTE	TotalEnergies SE	Participating	-1.0%	33.3% of 12 sessions	Price participation is not yet confirmed by per-name flow.
PBT	Permian Basin Royalty Trust	Quiet / lagging	—	8.3% of 12 sessions	Not participating yet; a breadth test or a genuine divergence.
EGY	VAALCO Energy, Inc.	Quiet / lagging	—	0% of 12 sessions	Not participating yet; a breadth test or a genuine divergence.
OBE	Obsidian Energy Ltd.	Quiet / lagging	—	0% of 12 sessions	Not participating yet; a breadth test or a genuine divergence.
BTE	Baytex Energy Corp	Quiet / lagging	-0.4%	0% of 12 sessions	Not participating yet; a breadth test or a genuine divergence.
PNRG	PrimeEnergy Resources Corporati	Quiet / lagging	—	0% of 12 sessions	Not participating yet; a breadth test or a genuine divergence.
E	Eni S.p.A.	Quiet / lagging	-1.1%	16.7% of 12 sessions	Not participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome

POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

Low structural sample

Only 3 completed episodes across 12 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support19 daysHow often the cohort identity was observed

Completed episodes3Separate periods of broad group activity

Active sessions12Completed session observations, not trades

2026-07-07 → 2026-07-093 active sessionsNo name was active through every recorded session

2026-06-24 → 2026-07-026 active sessionsNo name was active through every recorded session

2026-06-12 → 2026-06-173 active sessionsNo name was active through every recorded session

MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS

PBA33.3% · 2 episodes

TTE33.3% · 2 episodes

IMO25% · 2 episodes

E16.7% · 2 episodes

ET16.7% · 1 episode

PBR16.7% · 2 episodes

PBT8.3% · 1 episode

TBN8.3% · 1 episode

WDS8.3% · 1 episode

BP0% · 0 episodes

BTE0% · 0 episodes

CNQ0% · 0 episodes

CVE0% · 0 episodes

EGY0% · 0 episodes

KOS0% · 0 episodes

OBE0% · 0 episodes

PNRG0% · 0 episodes

SHEL0% · 0 episodes

SU0% · 0 episodes