1% gain in crude oil prices on Wednesday

U.S. Oil Prices Retreat After Briefly Hitting Six-Year High on OPEC Standoff - WSJ

 

Crude oil prices extended their gains on Wednesday for a third straight day after the U.S. government indicated fuel demand had reached its highest level since the start of the COVID-19 pandemic. Energy stocks in Oklahoma also managed some slight gains.

Prices rose more than 1% as global benchmark Brent crude for October delivery rose $1.20 to finish the day at $72.25 a barrel on ICE Futures Europe.

West Texas Intermediate crude for October delivery closed at $68.36 a barrel after an increase of 82 cents.

Oklahoma energy stocks held their own with Laredo Petroleum seeing a nearly 5% gain on Wednesday.

Alliance Resource Partners, L.P.

NASDAQ: ARLP

8.28 USD +0.19 (2.35%)

Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP

3.14 USD −0.050 (1.57%)

 Chesapeake Energy Ord Shs
NASDAQ: CHK

53.03 USD +0.33 (0.63%)

Cimarex Energy Co
NYSE: XEC

60.58 USD +1.30 (2.19%)

Continental Resources, Inc.
NYSE: CLR

37.44 USD +0.060 (0.16%)

Cypress Environmental Partners LP
NYSE: CELP

1.37 USD +0.0100 (0.74%)

Devon Energy Corp
NYSE: DVN

29.24 USD +0.71 (2.49%)

 Enable Midstream Partners LP
NYSE: ENBL

8.01 USD +0.14 (1.78%)

Gulfport Energy Corp
NYSE: GPOR

65.25 USD +0.040 (0.061%)

Helmerich & Payne, Inc.
NYSE: HP

25.80 USD −0.15 (0.58%)

LSB Industries, Inc.
NYSE: LXU

8.59 USD −0.21 (2.39%)

Laredo Petroleum Inc
NYSE: LPI

47.32 USD +2.12 (4.69%)

Magellan Midstream Partners, L.P.
NYSE: MMP

48.34 USD +0.57 (1.19%)

Mammoth Energy Services Inc
NASDAQ: TUSK

3.33 USD −0.050 (1.48%)

Matrix Service Co
NASDAQ: MTRX

11.07 USD +0.090 (0.82%)

NGL Energy Partners LP
NYSE: NGL

1.54 USD −0.040 (2.53%)

OGE Energy Corp.
NYSE: OGE

35.69 USD +0.25 (0.71%)

ONE Gas Inc
NYSE: OGS

72.20 USD −0.44 (0.61%)

ONEOK, Inc.
NYSE: OKE

53.46 USD +0.50 (0.94%)

Ovintiv Inc
NYSE: OVV

26.28 USD +0.77 (3.02%)

PHX Minerals Inc
NYSE: PHX

2.66 USD +0.0100 (0.38%)

SandRidge Energy Inc.
NYSE: SD

9.01 USD +0.13 (1.46%)

Units Ord Shs
OTCMKTS: UNTC

21.45 USD +0.20 (0.94%)

Williams Companies Inc
NYSE: WMB

24.59 USD −0.050 (0.20%)

Crude Oil Corrects Over Rise In US Inventories, Iran Nuclear Talks; Brent Plunges 6.75% From Wednesday Highs

The Texas Energy Report indicated other energy stocks held their own in Wednesday’s trading.

Cabot Oil & Gas (COG) up 0.30 at 15.00 – change 2.04%

Chevron (CVX) up 0.67 at 98.51 – change 0.68%

ConocoPhillips (COP) up 0.61 at 56.02 – change 1.10%

Diamondback Energy (FANG) up 0.81 at 75.01 – change 1.09%

Energy Transfer LP (ET) up 0.15 at 9.48 – change 1.60%

Enterprise Products Partners (EPD) up 0.10 at 22.18 – change 0.45%

EOG Resources (EOG) up 0.28 at 68.73 – change 0.40%

ExxonMobil (XOM) up 0.10 at 55.46 – change 0.18%

Kinder Morgan (KMI) down 0.01 at 16.47 – change 0.07%

Marathon Oil Corp. (MRO) up 0.19 at 11.80 – change 1.63%

National Oilwell Varco (NOV) up 0.13 at 13.26 – change 0.99%

Occidental Petroleum (OXY) up 0.25 at 24.63 – change 1.02%

Phillips 66 (PSX) up 1.25 at 72.18 – change 1.76%

Pioneer Natural Resources (PXD) up 1.31 at 149.15 – change 0.88%

Valero (VLO) up 1.11 at 66.34 – change 1.70%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.10 at 89.33 – change 0.11%

CenterPoint (CNP) down 0.12 at 25.72 – change 0.47%

Entergy (ETR) up 0.05 at 113.79 – change 0.04%

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