Oil prices rose and so did OK energy stocks

jessica jaganathan: Oil prices climb as U.S. ramps up economic support measures, Energy News, ET EnergyWorld

 

All it took was a forecast from the International Energy Agency for crude oil prices to climb even higher in Thursday’s trading. Numerous Oklahoma energy stocks did the same.

It came after the EIA increased its oil demand growth forecast for the year. There was also the positive sign that soaring natural gas prices have more and more consumers switching to oil.

As a result, crude prices rebounded but remained just under the $100 a barrel mark.

West Texas Intermediate crude for September delivery managed an increase of $2.41 a barrel to settle at $94.34 on the New York Mercantile Exchange.

Overseas, global benchmark Brent crude for October delivery rose $2.20 and finished at $99.60 a barrel on ICE Futures Europe.

September natural gas rose 67 cents to $8.87 per 1,000 cubic feet.

Oklahoma energy stocks also saw a rebound in Thursday’s trading including a more than 7% gain for Devon Energy, 5% for Helmerich & Payne, and 7% for Laredo Petroleum. Ovintiv was up 6% and SandRidge Energy 5%.

 

Alliance Resource Partners, L.P.
23.27 USD+1.02 (4.58%)
Blueknight Energy Partners LP Common Stock
4.64 USD+0.030 (0.65%)
Chesapeake Energy Ord Shs
97.31 USD+3.31 (3.52%)
Continental Resources, Inc.
68.57 USD+0.94 (1.39%)
Coterra Energy Inc
29.33 USD+1.00 (3.53%)
Devon Energy Corp
64.46 USD+4.41 (7.34%)
Empire Petroleum Corporation
14.03 USD−0.040 (0.28%)
Gulfport Energy Corp
87.63 USD+2.95 (3.48%)
Helmerich & Payne, Inc.
43.51 USD+1.88 (4.52%)
LSB Industries, Inc.
13.19 USD−0.54 (3.93%)
Laredo Petroleum Inc
68.88 USD+4.33 (6.71%)
Magellan Midstream Partners, L.P.
50.83 USD+0.68 (1.36%)
Mammoth Energy Services Inc
3.85 USD+0.080 (2.12%)
Matrix Service Co
5.77 USD+0.28 (5.10%)
NGL Energy Partners LP
1.70 USD+0.070 (4.29%)
OGE Energy Corp.
41.10 USD+0.015 (0.037%)
ONE Gas Inc
81.91 USD−0.14 (0.17%)
ONEOK, Inc.
64.96 USD+2.68 (4.30%)
Ovintiv Inc
51.10 USD+2.72 (5.62%)
PHX Minerals Inc
3.41 USD+0.12 (3.65%)
SandRidge Energy Inc.
18.85 USD+0.84 (4.66%)
Unit Corp
60.00 USD+1.00 (1.69%)
Williams Companies Inc
33.94 USD+0.91 (2.77%)
What happened to stock market Friday: Wall Street cheers jobs report
 Other energy stocks scored gains for the day according to the Texas Energy Report.

Apache (APA) up 1.62 at 34.84 – change 4.87%

Cheniere (LNG) up 4.00 at 154.77 – change 2.56%

Chevron (CVX) up 3.80 at 159.62 – change 2.43%

ConocoPhillips (COP) up 4.38 at 100.36 – change 4.56%

Diamondback Energy (FANG) up 6.74 at 132.78 – change 5.34%

Energy Transfer LP (ET) up 0.22 at 11.49 – change 1.95%

Enterprise Products Partners (EPD) up 0.43 at 26.84 – change 1.62%

EOG Resources (EOG) up 4.55 at 113.54 – change 4.17%

ExxonMobil (XOM) up 2.62 at 93.19 – change 2.89%

Kinder Morgan (KMI) up 0.45 at 18.59 – change 2.48%

Marathon Oil Corp. (MRO) up 1.57 at 23.91 – change 7.02%

National Oilwell Varco (NOV) up 0.66 at 18.43 – change 3.71%

Occidental Petroleum (OXY) up 2.83 at 65.69 – change 4.50%

Phillips 66 (PSX) up 2.70 at 88.33 – change 3.15%

Pioneer Natural Resources (PXD) up 10.68 at 228.48 – change 4.90%

Tellurian Inc. (TELL) up 0.21 at 4.03 – change 5.49%

Valero (VLO) up 2.33 at 114.09 – change 2.08%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.15 at 101.20 – change 0.14%

CenterPoint (CNP) down 0.16 at 31.91 – change 0.50%

Entergy (ETR) up 0.56 at 118.78 – change 0.48%

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