9 names are moving together; 78% are participating in the current session.
Observed member paths adjusted against SPY. Shading marks the latest observation window.
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| COP | ConocoPhillips | Energy | -1.1% | 1/1 observed active sessions |
| OXY | Occidental Petroleum Corporatio | Energy | -2.8% | 1/1 observed active sessions |
| DVN | Devon Energy Corporation | Energy | -1.2% | Group member |
| EOG | EOG Resources, Inc. | Energy | -2.0% | 1/1 observed active sessions |
| EQNR | Equinor ASA | Energy | -2.9% | Group member |
| CVX | Chevron Corporation | Energy | -1.9% | Group member |
| XOM | ExxonMobil Holdings Corporation | Energy | -0.2% | 1/1 observed active sessions |
| MUSA | Murphy USA Inc. | Consumer Cyclical | -2.7% | Group member |
| CF | CF Industries Holdings, Inc. | Basic Materials | -5.5% | Most structurally connected |
Cohort
9 namesParticipation
78% this sessionObserved history
3 daily buildsFiling coverage
8/9 membersdemand / volume
“Average selling prices increased to $473 per ton in 2025 compared to $425 per ton in 2024 due primarily to strong global nitrogen demand and supply disruptions due to geopolitical issues, including unexpected production outages in Egypt, Iran and Russia.”
CF 10-K
credit / rates affecting interest expense
“The increase in net earnings attributable to common stockholders primarily reflects an increase in gross margin of $668 million partially offset by the following factors: (i) a higher income tax provision due to higher net earnings in 2025, (ii) higher net earnings attributable to noncontrolling interests, (iii) higher net interest expense, and (iv) asset impairment, as described under “Yazoo City Incident” and “Abandonment of Electrolyzer Project,” above.”
CF 10-K
demand / volume affecting revenue
“The increase in sales volume was due primarily to higher supply availability as a result of higher production in 2025 compared to 2024 and inventory drawdown to meet strong domestic and international demand in the second quarter of 2025.”
CF 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
COPcustomer · Not moving with the group now
Filing receipt · LB / COP
“There are substantial hydrocarbon resources under and in close proximity to our Stateline Position, which attracts high-quality, well-capitalized producers, including De…”
COP · customer
DVNcustomer · Not moving with the group now
Filing receipt · WBI / DVN
“For the year ended December 31, 2025, Devon was one of our largest customers by volume and accounted for approximately $98 million of our water-related revenues, which r…”
DVN · customer
CVXcustomer · Current intraday read unavailable
Filing receipt · LPG / CVX
“As of May 22, 2026, all twenty-seven of our VLGCs, including the six time chartered-in vessels, were deployed in the Helios Pool.”
CVX · customer
DVNsupplier · Current intraday read unavailable
Filing receipt · BKV / DVN
“For the assets we acquired in the Devon Barnett Acquisition, approximately 95% of our natural gas is gathered and transported by ONEOK through various contracts that gov…”
DVN · supplier
CVXinvestee · Not moving with the group now
Filing receipt · HESM / CVX
“In July 2025, the company completed its acquisition of Hess Corporation (Hess).”
CVX · investee