Thursday brought a second day of big crude oil price jumps both in the U.S. and overseas and as a result, Oklahoma energy stocks soared and in one case nearly 18%.
Global benchmark Brent crude hit its highest level in more than two months, rising $1.06 to finish the day at $77.25 a barrel on ICE Futures Europe.
The growing fuel demand as well as a draw on U.S. crude inventories sparked the rally.
West Texas Intermediate crude for November delivery went up $1.07 to close at $73.30 a barrel.
Big gains were recorded by Oklahoma energy stocks including a nearly 18% jump for LSB Industries and 8% for Devon Energy.
9.52 USD +0.17 (1.82%)
3.13 USD +0.010 (0.32%)
60.47 USD +1.91 (3.26%)
79.28 USD +1.80 (2.32%)
44.33 USD +1.82 (4.28%)
1.46 USD +0.020 (1.39%)
32.80 USD +2.35 (7.72%)
8.00 USD +0.19 (2.43%)
79.98 USD +2.05 (2.63%)
26.77 USD +1.06 (4.12%)
11.00 USD +1.57 (16.65%)
82.04 USD +5.51 (7.20%)
46.82 USD +0.52 (1.12%)
2.93 USD +0.20 (7.33%)
10.44 USD +0.63 (6.42%)
2.24 USD +0.13 (6.16%)
33.71 USD +0.16 (0.48%)
64.66 USD +0.12 (0.19%)
57.46 USD +2.61 (4.76%)
30.75 USD +1.16 (3.92%)
2.86 USD +0.080 (2.88%)
11.48 USD +0.57 (5.22%)
30.10 USD −0.40 (1.31%)
25.47 USD +0.44 (1.76%)
Other energy stocks did as well according to the Texas Energy Report.
Apache (APA) up 1.42 at 21.54 – change 7.05%
Cabot Oil & Gas (COG) up 0.42 at 19.78 – change 2.16%
Cheniere (LNG) up 3.87 at 93.79 – change 4.30%
Chevron (CVX) up 2.42 at 100.06 – change 2.47%
ConocoPhillips (COP) up 1.45 at 63.71 – change 2.32%
Diamondback Energy (FANG) up 3.48 at 87.86 – change 4.12%
Energy Transfer LP (ET) up 0.24 at 9.49 – change 2.59%
Enterprise Products Partners (EPD) up 0.16 at 21.90 – change 0.73%
EOG Resources (EOG) up 2.27 at 76.87 – change 3.04%
ExxonMobil (XOM) up 1.87 at 57.08 – change 3.38%
Kinder Morgan (KMI) up 0.36 at 16.48 – change 2.23%
Marathon Oil Corp. (MRO) up 0.71 at 12.73 – change 5.90%
National Oilwell Varco (NOV) up 0.52 at 12.90 – change 4.20%
Occidental Petroleum (OXY) up 1.21 at 27.96 – change 4.52%
Phillips 66 (PSX) up 1.60 at 68.61 – change 2.38%
Pioneer Natural Resources (PXD) up 7.91 at 157.96 – change 5.27%
Valero (VLO) up 1.85 at 67.17 – change 2.83%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.41 at 82.31 – change 0.50%
CenterPoint (CNP) up 0.24 at 24.80 – change 0.97%
Entergy (ETR) down 3.38 at 102.61 – change 3.19%