U.S. stock night trading volatility: Acquisition of flexible power generation business boosts TotalEnergies stock price, limited impact from fines

U.S. Stock Night Market Movements

TotalEnergies SE rose 3.58% in the night market. Based on recent key news:

1. On November 17, TotalEnergies announced the acquisition of a 50% stake in EPH's flexible power generation business, with a transaction value of approximately €10.6 billion. This move will increase its flexible power generation capacity from 6.5 GW to 13.5 GW, driving the stock price up. Source: WSJ

2. On November 18, the French Competition Authority imposed a €115.8 million fine on TotalEnergies for anti-competitive behavior on the island of Corsica. Although the company plans to appeal, this incident has limited impact on the stock price. Source: MarketBeat

3. On November 19, J.P. Morgan analysts maintained a buy rating on TotalEnergies and set a target price of €58.50, boosting market confidence. Source: TipRanks The energy sector has recently performed strongly, with significant capital inflows.

Stocks with High Trading Volume in the Industry

Occidental Petroleum rose 0.19% in the night market. Based on recent news:

1. On November 18, Piper Sandler analyst Mark Lear maintained a hold rating on Occidental Petroleum and set a target price of $46. This rating had a certain impact on market sentiment, leading to a slight increase in the stock price.

2. On November 13, DBS analyst Suvro Sarkar also maintained a hold rating on Occidental Petroleum, further stabilizing investor confidence.

3. On the same day, Susquehanna maintained a buy rating on Occidental Petroleum, enhancing market optimism for the stock. The energy sector has recently shown stable performance, with investor sentiment being relatively optimistic.

ExxonMobil rose 0.20% in the night market. Based on recent key news:

1. On November 18, ExxonMobil announced the closure of its chemical plant in Scotland due to high costs and an unfavorable policy environment, affecting the company's operational efficiency and increasing market concerns about its future profitability.

2. On November 19, market risk aversion increased, with investors shifting from overvalued tech stocks to high-dividend traditional stocks, benefiting ExxonMobil as a high-dividend stock, leading to a rise in its stock price.

3. On November 19, ExxonMobil collaborated with BASF to develop low-emission hydrogen technology, showcasing its technological advancements in the sustainable energy sector and boosting market confidence. High-dividend stocks benefited from the increased market risk aversion.

Chevron rose 0.14% in the night market. Based on recent key news:

1. On November 20, Chevron's stock price rose due to OPEC's production cut news, with bullish market sentiment and increased trading volume, as the stock price closed above the short-term moving average, indicating enhanced bullish confidence. Source: Zhitong Finance

2. On November 18, Chevron joined the ranks of companies acquiring overseas assets from Russia's Lukoil, potentially expanding its global business footprint and attracting market attention. Source: Reuters On November 19th, Chevron's stock price benefited from the rebound in oil prices and expectations surrounding the U.S. energy bill, attracting a large influx of incremental funds, with the stock price approaching resistance levels. Source: Zhitong Finance. The energy sector is significantly affected by oil price fluctuations, and attention should be paid to changes in market sentiment