Crude oil rebounds Tuesday with 3% gain–OK energy stocks up too

EIA Forecasts Rising Oil Prices in 2021 | OILWOMAN Magazine

 

After Monday’s slump, oil prices rebounded with a 3% gain on Tuesday but analysts say investors remain cautious about the impact of the Omicron coronavirus variant on holiday travel plans. The rebound was also seen by Oklahoma energy stocks.

West Texas Intermediate crude oil for February delivery went up $2.89 to finish the day at $71.12 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for February delivery rose $2.46 to $73.98 a barrel on ICE Futures Europe.

January natural gas increased 4 cents to $3.87 per 1,000 cubic feet.

Most Oklahoma energy stocks had a strong rebound for the day ranging from a 13% gain by Laredo Petroleum to 11% by LSB Industries and 8% by Devon Energy.

 

Alliance Resource Partners, L.P.
11.70 USD+0.40 (3.54%)
Blueknight Energy Partners LP Common Stock
3.25 USD+0.0100 (0.31%)
Chesapeake Energy Ord Shs
61.63 USD+1.53 (2.55%)
Continental Resources, Inc.
45.52 USD+2.83 (6.63%)
Coterra Energy Inc
19.64 USD+0.22 (1.13%)
Cypress Environmental Partners LP
1.11 USD+0.020 (1.83%)
Devon Energy Corp
41.31 USD+3.05 (7.97%)
Gulfport Energy Corp
72.46 USD+3.98 (5.81%)

Helmerich & Payne, Inc.

25.01 USD+2.24 (9.84%)
LSB Industries, Inc.
9.45 USD+0.91 (10.66%)
Laredo Petroleum Inc
63.68 USD+7.40 (13.15%)
Magellan Midstream Partners, L.P.
43.99 USD−0.050 (0.11%)
Mammoth Energy Services Inc
1.87 USD−0.040 (2.09%)
Matrix Service Co
6.88 USD+0.30 (4.56%)
NGL Energy Partners LP
1.90 USD−0.060 (3.06%)
OGE Energy Corp.
36.98 USD+0.070 (0.19%)
ONE Gas Inc
74.43 USD−0.99 (1.31%)

ONEOK, Inc.

57.91 USD+1.37 (2.42%)
Ovintiv Inc
31.97 USD+0.98 (3.16%)
PHX Minerals Inc
2.14 USD0.00 (0.00%)
SandRidge Energy Inc.
10.50 USD+0.68 (6.92%)
Units Ord Shs
32.75 USD+1.23 (3.90%)
Williams Companies Inc
25.66 USD+0.32 (1.24%)
Oil Prices Up to $75 Ahead of OPEC+ Decision on Supply Cuts – Arise News
 According to the Texas Energy Report, it was a good day for energy stocks.

Apache (APA) up 1.40 at 25.34 – change 5.84%

Cheniere (LNG) up 4.45 at 105.57 – change 4.40%

Chevron (CVX) up 1.82 at 115.47 – change 1.60%

ConocoPhillips (COP) up 2.08 at 70.68 – change 3.03%

Diamondback Energy (FANG) up 5.78 at 104.90 – change 5.83%

Energy Transfer LP (ET) down 0.08 at 8.18 – change 0.85%

Enterprise Products Partners (EPD) up 0.24 at 20.97 – change 1.15%

EOG Resources (EOG) up 2.77 at 86.35 – change 3.31%

ExxonMobil (XOM) up 1.34 at 60.50 – change 2.24%

Kinder Morgan (KMI) up 0.42 at 15.66 – change 2.75%

Marathon Oil Corp. (MRO) up 0.90 at 15.76 – change 6.05%

National Oilwell Varco (NOV) up 0.60 at 13.41 – change 4.68%

Occidental Petroleum (OXY) up 1.62 at 28.60 – change 6.00%

Phillips 66 (PSX) up 2.71 at 72.14 – change 3.90%

Pioneer Natural Resources (PXD) up 5.28 at 177.93 – change 3.05%

Valero (VLO) up 2.63 at 71.31 – change 3.82%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.48 at 86.75 – change 0.56%

CenterPoint (CNP) up 0.30 at 27.30 – change 1.11%

Entergy (ETR) down 0.18 at 109.27 – change 0.17%