Strait of Hormuz Tensions Boost Oil Stocks Amid Supply Risk

The escalating conflict around the Strait of Hormuz has heightened oil supply risk and uncertainty, drawing attention to energy stocks that could be affected. Among those in focus are three large, integrated oil and gas producers: NewMed Energy, Antero Midstream, and Hess Midstream.

NewMed Energy Limited Partnership generates all its revenue from oil and gas exploration and production, with a market cap of roughly ₪20.1 billion. The company offers direct exposure to Eastern Mediterranean gas at a time when supply security and pricing are back in focus, but investors must weigh the upside against high leverage, governance questions, and pressure on margins.

Antero Midstream is a midstream-focused company that provides gathering, processing, and water handling services supporting upstream producers. It generates about US$1.0 billion from Gathering and Processing and US$278 million from Water Handling, all from operations in the United States, with a market cap of roughly US$10.7 billion.

Hess Midstream is another midstream specialist, giving investors exposure to U.S. oil and gas volumes through fee-based pipes and plants rather than direct oil price swings. It earns about $858 million from Gathering, $614 million from Processing and Storage, and $142 million from Terminaling and Export, all in the United States.