Oil hits $86 a barrel and brings energy stocks up too

 

Oil prices increase again | Eurasia Diary

 

Crude oil prices continued their climb upward in Monday’s trading as Brent crude hit a 3-year high and a penny short of $86 a barrel. Oklahoma energy stocks went along for the ride too.

The global benchmark, set for December delivery rose 46 cents and finished the day at $85.99 a barrel on ICE Futures Europe.

West Texas Intermediate crude, also for December delivery hit the highest mark since October 2014 but settled at $83.76 a barrel, unchanged for the day on the New York Mercantile Exchange.

November natural gas rose 62 cents to $5.90 per 1,000 cubic feet, strengthening government forecasts of higher gas prices for the coming winter.

The increased oil prices resulted in big gains for some Oklahoma energy stocks.  Chesapeake shot up more than 9%, Laredo Petroleum nearly 8% and SandRidge 7%.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP
12.20 USD +0.57 (4.90%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.34 USD +0.080 (2.45%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
67.75 USD +5.68 (9.15%)
Continental Resources, Inc.
NYSE: CLR
51.83 USD +0.48 (0.93%)
Coterra Energy Inc
NYSE: CTRA
22.56 USD +1.27 (5.97%)
Devon Energy Corp
40.66 USD+0.22 (0.54%)
Enable Midstream Partners LP
NYSE: ENBL
8.54 USD +0.070 (0.83%)
Gulfport Energy Corp
NYSE: GPOR
84.19 USD +1.19 (1.43%)
Helmerich & Payne, Inc.
NYSE: HP
33.89 USD −0.21 (0.62%)
LSB Industries, Inc.
NYSE: LXU
8.81 USD −0.090 (1.01%)
Laredo Petroleum Inc
NYSE: LPI
85.94 USD +6.14 (7.69%)
Magellan Midstream Partners, L.P.
NYSE: MMP
50.50 USD −0.95 (1.85%)
Mammoth Energy Services Inc
NASDAQ: TUSK
3.47 USD +0.090 (2.66%)
Matrix Service Co
NASDAQ: MTRX
10.44 USD +0.13 (1.26%)
NGL Energy Partners LP
NYSE: NGL
2.39 USD −0.090 (3.63%)
OGE Energy Corp.
NYSE: OGE
34.25 USD +0.030 (0.088%)
ONE Gas Inc
NYSE: OGS
69.03 USD +1.24 (1.83%)
ONEOK, Inc.
NYSE: OKE
65.87 USD +1.06 (1.64%)
Ovintiv Inc
NYSE: OVV
39.13 USD +0.040 (0.10%)
PHX Minerals Inc
NYSE: PHX
3.28 USD +0.100 (3.14%)
SandRidge Energy Inc.
NYSE: SD
12.77 USD +0.85 (7.09%)
Units Ord Shs
OTCMKTS: UNTC
34.75 USD +0.100 (0.29%)
Williams Companies Inc
NYSE: WMB
28.80 USD +0.15 (0.52%)
crude oil price today: Global oil prices rise as producers agree on supply compromise, Energy News, ET EnergyWorld
 Here’s how other energy stocks performed according to the Texas Energy Report.

Apache (APA) up 0.54 at 28.22 – change 1.95%

Cheniere (LNG) up 2.73 at 108.00 – change 2.59%

Chevron (CVX) up 1.05 at 113.85 – change 0.93%

ConocoPhillips (COP) up 0.80 at 76.52 – change 1.05%

Diamondback Energy (FANG) up 0.08 at 109.41 – change 0.07%

Energy Transfer LP (ET) up 0.10 at 9.98 – change 1.01%

Enterprise Products Partners (EPD) up 0.13 at 24.56 – change 0.54%

EOG Resources (EOG) up 2.04 at 94.04 – change 2.21%

ExxonMobil (XOM) up 1.23 at 64.34 – change 1.94%

Kinder Morgan (KMI) up 0.18 at 17.85 – change 1.01%

Marathon Oil Corp. (MRO) up 0.20 at 16.78 – change 1.20%

National Oilwell Varco (NOV) down 0.23 at 14.66 – change 1.55%

Occidental Petroleum (OXY) up 1.29 at 35.22 – change 3.80%

Phillips 66 (PSX) up 0.84 at 83.73 – change 1.01%

Pioneer Natural Resources (PXD) up 1.07 at 192.69 – change 0.55%

Valero (VLO) up at 82.69 – change 2.09%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.91 at 84.67 – change 1.07%

CenterPoint (CNP) up 0.23 at 26.77 – change 0.86%

Entergy (ETR) down 0.82 at 103.79 – change 0.79%

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