Crude oil futures made Thanksgiving eve gains–so did some Oklahoma energy stocks

 

The day before Thanksgiving left some Oklahoma energy stocks with dessert while others had nothing but an empty bone.

It came as crude oil futures rose again in trading in the U.S. and in Europe. A surprise drop in U.S. crude inventories last week spurred the continued drive in oil prices along with the belief that a COVID-19 vaccine, which might be available in December, will increase fuel demand.

West Texas Intermediate crude settled at $45.84, up 13 cents but at one point during the day, prices were more than $46 a barrel.

Global benchmark Brent crude finished up 75 cents for a gain of 1.57% and settled at $48.61 on the ICE Futures Europe.

Natural gas went up 12 cents for a 4.36% gain to $2.90 per MMBtu.

Laredo Petroleum Inc. was one of the thankful ones as shares were bumped up more than 10% thanks to a $1.19 per share increase to reach $12.94.

Others weren’t so fortunate and one of the big losers for the day was NGL Energy Partners LP where shares took a more than 8% plunge, falling 21 cents to $2.41.
Alliance Resource Partners, L.P. saw a four cent or 1% gain to $4.34 per share. Blueknight Energy Partners LP settled up 5% following an 8 cent gain to $1.69. Chesapeake Energy Corporation fell 8% after shares dropped 23 cents to $2.67.
Continental Resources, Inc. finished up 7 cents at $17.57. Cypress Environmental Partners LP closed up a penny at $2.61. Devon Energy Corp dropped 18 cents for a 1.18% slide down to $15.12.
Enable Midstream Partners LP rose 22 cents for a gain of 4.16% to $5.51. Gulfport Energy Corporation went through a 4.62% loss to 14 cents per share. After two big days in trading, Helmerich and Payne, Inc. lost a dime a share and finished at $24.12.
LSB Industries, Inc. went up 8 cents in Wednesday’s trading for a 3.35% gain to $2.47. Magellan Midstream Partners, L.P. closed down 86 cents for a nearly 2% loss to $43.26. Mammoth Energy Services Inc rose a penny per share and settled at $2.17.
Matrix Service Co dropped 3 cents to finish the day at $10.50 
OGE Energy Corp. lost 12 cents and closed at $34.64. ONE Gas Inc had a 26 cent gain and settled at $82.13. ONEOK, Inc. finished down 12 cents at $37.54.
Ovintiv Inc. settled at $13.73 following a 25 cent per share jump or a nearly 2% gain. PHX Minerals Inc had an 8 cent or 4.26% gain to finish the day at $1.80. SandRidge Energy Inc. closed up 7 cents for a 2.40% gain to $2.99.
WPX Energy Inc. lost 12 cents or 1.53% to close at $7.74. 
Williams Companies Inc. finished down 34 cents for a 1.55% slip to $21.62 per share.
The Texas Energy Report has a list of how some other energy firms did in the Thanksgiving Eve trading.

Chevron (CVX) down 3.48 at 92.14 – change 3.64%

Concho Resources (CXO) down 1.16 at 63.37 – change 1.80%

ConocoPhillips (COP) down 0.78 at 43.63 – change 1.76%

Diamondback Energy (FANG) down 1.75 at 45.39 – change 3.72%

Energy Transfer LP (ET) down 0.22 at 6.49 – change 3.28%

Enterprise Products Partners (EPD) up 0.06 at 20.36 – change 0.29%

EOG Resources (EOG) down 1.42 at 53.00 – change 2.61%

ExxonMobil (XOM) down 1.17 at 40.81 – change 2.79%

Kinder Morgan (KMI) down 0.12 at 14.85 – change 0.81%

Marathon Oil Corp. (MRO) up 0.02 at 6.43 – change 0.32%

National Oilwell Varco (NOV) down 0.40 at 13.60 – change 2.86%

Occidental Petroleum (OXY) down 0.06 at 16.72 – change 0.36%

Parsley Energy (PE) down 0.12 at 13.79 – change 0.87%

Phillips 66 (PSX) down 1.46 at 66.26 – change 2.16%

Pioneer Natural Resources (PXD) down 1.39 at 109.96 – change 1.25%

Valero (VLO) down 2.06 at 56.43 – change 3.53%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.55 at 85.37 – change 0.64%

CenterPoint (CNP) up 0.15 at 24.51 – change 0.61%

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