Crude oil prices rebounded Wednesday–so did OK energy stocks

AAA says Crude Oil Prices Hit Highest Price Point in Nine Months - Clarksville Online

 

With U.S. crude oil stocks at their lowest levels in three years, prices rebounded in Wednesday’s trading and Oklahoma energy stocks enjoyed the ride up as well.

U.S. West Texas Intermediate crude futures finished up $1.74 or 2.5% settling at $72.23.

Global benchmark Brent crude also rose 2.5% with a $1.83 increase to finish the day at $76.19 a barrel on ICE Futures Europe.

The price increase comes as overall demand across the nation for fuel rebounded to pre-pandemic levels. Reports indicated that product supplied in the last four weeks came in at nearly 21 million barrels a day, close to the peak reported in 2019.

Most Oklahoma energy stocks recorded gains with the crude oil prices including a 7% gain by Laredo Petroleum.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP

9.35 USD +0.24 (2.63%)

Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP

3.12 USD +0.050 (1.63%)

Chesapeake Energy Ord Shs
NASDAQ: CHK

58.56 USD +0.30 (0.51%)

Cimarex Energy Co
NYSE: XEC

77.48 USD +1.58 (2.08%)

Continental Resources, Inc.
NYSE: CLR

42.49 USD +1.48 (3.61%)

Cypress Environmental Partners LP
NYSE: CELP

1.45 USD +0.044 (3.13%)

Devon Energy Corp
NYSE: DVN

30.44 USD +1.95 (6.84%)

Enable Midstream Partners LP
NYSE: ENBL

7.81 USD +0.35 (4.69%)

Gulfport Energy Corp
NYSE: GPOR

78.00 USD −0.59 (0.75%)

 Helmerich & Payne, Inc.
NYSE: HP

25.71 USD +0.12 (0.47%)

LSB Industries, Inc.
NYSE: LXU

9.43 USD −0.21 (2.18%)

Laredo Petroleum Inc
NYSE: LPI

76.53 USD +5.14 (7.20%)

Magellan Midstream Partners, L.P.
NYSE: MMP

46.30 USD −0.030 (0.065%)

Mammoth Energy Services Inc
NASDAQ: TUSK

2.73 USD +0.13 (5.00%)

Matrix Service Co
NASDAQ: MTRX

9.81 USD +0.060 (0.62%)

NGL Energy Partners LP
NYSE: NGL

2.11 USD +0.050 (2.43%)

 OGE Energy Corp.
NYSE: OGE

33.55 USD +0.31 (0.93%)

ONE Gas Inc
NYSE: OGS

64.54 USD +0.37 (0.58%)

ONEOK, Inc.
NYSE: OKE

54.85 USD +1.54 (2.89%)

Ovintiv Inc
NYSE: OVV

29.59 USD +1.53 (5.45%)

PHX Minerals Inc
NYSE: PHX

2.78 USD +0.040 (1.46%)

SandRidge Energy Inc.
NYSE: SD

10.91 USD +0.39 (3.71%)

Units Ord Shs
OTCMKTS: UNTC

30.50 USD −0.45 (1.45%)

Williams Companies Inc
NYSE: WMB

25.03 USD +0.32 (1.30%)

Oil inventories to edge up, impact from Biden policies to take time - BIC Magazine

The Texas Energy Report showed other energy stocks had the same kind of strong day.

Apache (APA) up 1.35 at 20.12 – change 7.19%

Cabot Oil & Gas (COG) up 0.38 at 19.36 – change 2.00%

Cheniere (LNG) up 2.18 at 89.92 – change 2.48%

Chevron (CVX) up 2.79 at 97.64 – change 2.94%

ConocoPhillips (COP) up 2.93 at 62.26 – change 4.93%

Diamondback Energy (FANG) up 4.34 at 84.38 – change 5.42%

Energy Transfer LP (ET) up 0.40 at 9.25 – change 4.51%

Enterprise Products Partners (EPD) up 0.22 at 21.74 – change 1.02%

EOG Resources (EOG) up 2.39 at 74.59 – change 3.30%

ExxonMobil (XOM) up 1.57 at 55.21 – change 2.92%

Kinder Morgan (KMI) up 0.35 at 16.13 – change 2.21%

Marathon Oil Corp. (MRO) up 0.61 at 12.02 – change 5.34%

National Oilwell Varco (NOV) down 0.04 at 12.38 – change 0.33%

Occidental Petroleum (OXY) up 1.32 at 26.75 – change 5.19%

Phillips 66 (PSX) up 2.67 at 67.01 – change 4.14%

Pioneer Natural Resources (PXD) up 2.10 at 150.05 – change 1.41%

Valero (VLO) up 2.00 at 65.31 – change 3.15%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.27 at 82.72 – change 0.33%

CenterPoint (CNP) down 0.36 at 24.56 – change 1.45%

Entergy (ETR) down 1.99 at 105.99 – change 1.85%

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