The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Shopify (SHOP) Stock Is Up, What You Need To Know

SHOP Cover Image

What Happened?

Shares of e-commerce platform Shopify (NYSE: SHOP) jumped 2.6% in the afternoon session after the company announced new strategic partnerships aimed at expanding its international presence and enhancing its merchant services. 

The e-commerce giant revealed a collaboration with MRM MENAT to accelerate brand growth in the Middle East by combining its commerce technology with MRM's data-driven expertise. This move is designed to help clients improve speed-to-market and strengthen customer engagement.

After the initial pop the shares cooled down to $146.98, up 2.6% from previous close.

Is now the time to buy Shopify? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Shopify’s shares are very volatile and have had 25 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 4 days ago when the stock gained 3.2% on the news that the company announced a strategic alliance with e-commerce solutions provider ESW to empower its enterprise clients to expand their international sales. The partnership allows enterprise brands using Shopify to leverage ESW's expertise in managing compliance, risk, and localization to scale their e-commerce presence in more than 200 markets worldwide. This move is aimed at helping larger brands and retailers optimize their global operations.

Shopify is up 36.7% since the beginning of the year, and at $146.98 per share, it is trading close to its 52-week high of $154.90 from August 2025. Investors who bought $1,000 worth of Shopify’s shares 5 years ago would now be looking at an investment worth $1,581.

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.