Crude oil and OK energy stocks made more gains on Tuesday

Crude oil and natural gas: World Bank reveals price forecasts to 2024

Crude oil prices rose higher for a third straight trading day on Tuesday, this after Saudi Arabia and the United Arab Emirates were unable to boost output significantly and western governments agreed to consider a cap on the price of Russian  oil.

The day also produced continued gains for Oklahoma energy stocks.

West Texas Intermediate crude for August delivery went up $2.19 or 2% and finished the day at $111.76 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude for August delivery increased $2.89 or more than 2% and closed at $117.98 a barrel on ICE Futures Europe.

July natural gas rose 5 cents to $6.55 per 1,000 cubic feet.

Oklahoma energy stocks continued with their increased gains including Laredo Petroleum with a more than 5% increase for the day.

 

Alliance Resource Partners, L.P.
18.62 USD+0.060 (0.32%)
Blueknight Energy Partners LP Common Stock
4.53 USD+0.010 (0.22%)
Chesapeake Energy Ord Shs
88.64 USD+3.44 (4.04%)
Continental Resources, Inc.
67.69 USD+0.41 (0.61%)
Coterra Energy Inc
27.69 USD+0.66 (2.44%)
Devon Energy Corp
59.46 USD+1.67 (2.89%)
Empire Petroleum Corporation
10.82 USD−0.010 (0.092%)
Gulfport Energy Corp
86.21 USD+0.63 (0.74%)
Helmerich & Payne, Inc.
44.01 USD+0.13 (0.30%)
LSB Industries, Inc.
14.37 USD+0.27 (1.91%)
Laredo Petroleum Inc
80.15 USD+4.03 (5.29%)
Magellan Midstream Partners, L.P.
48.59 USD+1.06 (2.23%)
Mammoth Energy Services Inc
2.26 USD+0.060 (2.73%)
Matrix Service Co
5.54 USD−0.040 (0.72%)
NGL Energy Partners LP
1.66 USD+0.015 (0.91%)
OGE Energy Corp.
38.20 USD+0.015 (0.039%)
ONE Gas Inc
80.93 USD−0.17 (0.21%)
ONEOK, Inc.
56.98 USD+0.32 (0.56%)
Ovintiv Inc
48.67 USD+1.39 (2.94%)
PHX Minerals Inc
3.26 USD+0.060 (1.87%)
SandRidge Energy Inc.
17.36 USD−0.040 (0.23%)
Unit Corp
52.36 USD+1.36 (2.67%)
Williams Companies Inc
31.74 USD+1.15 (3.76%)

oil prices: Oil prices toppled from rising streak as jump in Covid-19 cases stokes fuel demand fears, Auto News, ET Auto

Other energy stocks recorded gains for the day according to the Texas Energy Report.

Apache (APA) up 1.30 at 38.77 – change 3.46%

Cheniere (LNG) up 3.84 at 134.86 – change 2.93%

Chevron (CVX) up 2.37 at 149.94 – change 1.60%

ConocoPhillips (COP) up 2.99 at 95.22 – change 3.24%

Diamondback Energy (FANG) up 5.41 at 129.80 – change 4.34%

Energy Transfer LP (ET) up 0.20 at 10.34 – change 1.97%

Enterprise Products Partners (EPD) up 0.63 at 24.77 – change 2.60%

EOG Resources (EOG) up 4.55 at 118.31 – change 3.99%

ExxonMobil (XOM) up 2.47 at 91.50 – change 2.77%

Kinder Morgan (KMI) up 0.37 at 17.20 – change 2.19%

Marathon Oil Corp. (MRO) up 1.01 at 24.13 – change 1.06%

National Oilwell Varco (NOV) up 0.63 at 17.32 – change 3.77%

Occidental Petroleum (OXY) up 2.81 at 61.71 – change 4.77%

Phillips 66 (PSX) up 1.65 at 88.85 – change 1.89%

Pioneer Natural Resources (PXD) up 5.16 at 235.33 – change 2.24%

Tellurian Inc. (TELL) up 0.16 at 3.27 – change 5.14%

Valero (VLO) up 4.01 at 116.25 – change 3.57%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.10 at 95.08 – change 0.10%

CenterPoint (CNP) up 0.10 at 29.09 – change 0.34%

Entergy (ETR) down 0.11 at 111.85 – change 0.10%

 

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