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%.
8.50 USD +0.31 (3.79%)
3.23 USD +0.070 (2.22%)
55.38 USD +2.27 (4.27%)
63.75 USD +3.89 (6.50%)
38.43 USD +1.73 (4.71%)
1.42 USD +0.050 (3.65%)
30.36 USD +1.27 (4.37%)
8.02 USD +0.26 (3.35%)
67.31 USD +2.32 (3.57%)
27.80 USD +2.51 (9.92%)
8.31 USD +0.14 (1.71%)
52.49 USD +5.99 (12.88%)
49.21 USD +1.26 (2.63%)
3.44 USD −0.060 (1.71%)
11.33 USD +0.58 (5.40%)
1.56 USD +0.050 (3.31%)
35.57 USD +0.070 (0.20%)
71.75 USD +0.93 (1.31%)
53.84 USD +1.29 (2.45%)
27.18 USD +1.61 (6.30%)
2.63 USD +0.030 (1.15%)
9.58 USD +0.25 (2.68%)
21.50 USD +0.15 (0.70%)
24.61 USD +0.46 (1.90%)
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%