Brent Crude Above $90: 3 Integrated Oil & Gas Stocks at Risk

When Brent crude prices rise above $90 and tensions escalate near the Strait of Hormuz, it can have far-reaching effects on various portfolios. Oil and gas stocks are particularly affected by such geopolitical events, with some sectors experiencing a boost while others face setbacks.

This article examines three large integrated oil and gas producers that are directly exposed to the current market dynamics: Brava Energia (BOVESPA:BRAV3), Hindustan Petroleum (NSEI:HINDPETRO), and China Petroleum & Chemical (SEHK:386).

Brava Energia, a Brazilian company, is now a subsidiary of Ecopetrol Investimentos do Brasil. It generates revenue from exploration and production, as well as mid- and downstream activities. The company's market capitalization stands at R$8.0b.

Hindustan Petroleum, an Indian refiner and fuel marketer, derives the majority of its revenue from downstream petroleum segment. Its market capitalization is ₹778.3b. Despite thin recent net margins and a reported loss in Q1 FY2027, Hindustan Petroleum's refineries can process a wider mix of crudes.

China Petroleum & Chemical, a large integrated energy and chemical company in Mainland China, combines upstream oil and gas production with refining, marketing, and petrochemicals. Its market capitalization is HK$730.9b. The company has a cash dividend of around 4.9% and share buybacks.