Another rebound for oil prices on Friday—can it hold?

OPEC+ Agrees to 450,000 B/D Increase, Crude Prices Rally

 

Crude oil prices made another big bounce back in Friday’s trading but the question is—can the rebound continue this week? Especially with the arrival of Hurricane Idabel and the shutdown of oil operations in the Gulf of Mexico.

Oklahoma energy stocks also had a big day in trading.

West Texas Intermediate crude for October delivery finished up $1.32 to finish at $68.74 a barrel.

Global benchmark Brent crude for October delivery closed up $1.32 at $72.70 a barrel on ICE Futures Europe.

Energy stocks in Oklahoma recorded a big trading day as Laredo Petroleum gained nearly 13%, Helmerich & Payne about 10% and Cimarex nearly 7%.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP

8.50 USD +0.31 (3.79%)

Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP

3.23 USD +0.070 (2.22%)

Chesapeake Energy Ord Shs
NASDAQ: CHK

55.38 USD +2.27 (4.27%)

Cimarex Energy Co
NYSE: XEC

63.75 USD +3.89 (6.50%)

Continental Resources, Inc.
NYSE: CLR

38.43 USD +1.73 (4.71%)

Cypress Environmental Partners LP
NYSE: CELP

1.42 USD +0.050 (3.65%)

Devon Energy Corp
NYSE: DVN

30.36 USD +1.27 (4.37%)

Enable Midstream Partners LP
NYSE: ENBL

8.02 USD +0.26 (3.35%)

Gulfport Energy Corp
NYSE: GPOR

67.31 USD +2.32 (3.57%)

Helmerich & Payne, Inc.
NYSE: HP

27.80 USD +2.51 (9.92%)

LSB Industries, Inc.
NYSE: LXU

8.31 USD +0.14 (1.71%)

Laredo Petroleum Inc
NYSE: LPI

52.49 USD +5.99 (12.88%)

Magellan Midstream Partners, L.P.
NYSE: MMP

49.21 USD +1.26 (2.63%)

Mammoth Energy Services Inc
NASDAQ: TUSK

3.44 USD −0.060 (1.71%)

Matrix Service Co
NASDAQ: MTRX

11.33 USD +0.58 (5.40%)

NGL Energy Partners LP
NYSE: NGL

1.56 USD +0.050 (3.31%)

OGE Energy Corp.
NYSE: OGE

35.57 USD +0.070 (0.20%)

ONE Gas Inc
NYSE: OGS

71.75 USD +0.93 (1.31%)

ONEOK, Inc.
NYSE: OKE

53.84 USD +1.29 (2.45%)

Ovintiv Inc
NYSE: OVV

27.18 USD +1.61 (6.30%)

PHX Minerals Inc
NYSE: PHX

2.63 USD +0.030 (1.15%)

SandRidge Energy Inc.
NYSE: SD

9.58 USD +0.25 (2.68%)

Units Ord Shs
OTCMKTS: UNTC

21.50 USD +0.15 (0.70%)

Williams Companies Inc
NYSE: WMB

24.61 USD +0.46 (1.90%)

Increase in Oman Crude Oil Price – Atheer

 

Other energy stocks also had big gains recorded in Friday’s trading including Occidental Petroleum at nearly 7%.

Cabot Oil & Gas (COG) up 0.92 at 15.63 – change 6.25%

Chevron (CVX) up 1.42 at 98.64 – change 1.46%

ConocoPhillips (COP) up 1.61 at 56.74 – change 2.92%

Diamondback Energy (FANG) up 3.57 at 76.65 – change 4.88%

Energy Transfer LP (ET) up 0.28 at 9.49 – change 3.15%

Enterprise Products Partners (EPD) up 0.48 at 22.45 – change 2.18%

EOG Resources (EOG) up 2.20 at 69.63 – change 3.26%

ExxonMobil (XOM) up 1.06 at 55.77 – change 1.93%

Kinder Morgan (KMI) up 0.45 at 16.59 – change 2.78%

Marathon Oil Corp. (MRO) up 0.49 at 12.01 – change 4.25%

National Oilwell Varco (NOV) up 0.64 at 13.69 – change 4.90%

Occidental Petroleum (OXY) up 1.66 at 25.66 – change 6.91%

Phillips 66 (PSX) up 1.93 at 72.61 – change 2.73%

Pioneer Natural Resources (PXD) up 4.78 at 151.66 – change 3.25%

Valero (VLO) up 1.65 at 67.11 – change 2.52%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.04 at 89.29 – change 0.04%

CenterPoint (CNP) up 0.25 at 25.62 – change 0.98%

Entergy (ETR) down 1.99 at 111.69 – change 1.76%

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