As crude oil prices gained 1% on Wednesday, it also proved to be another strong day for Oklahoma energy stocks as some had 5% gains.
What prompted the oil price increase? It came after an international energy watchdog said it believes there will be an increase in gas-to-oil switching because of high prices this winter according to Reuters.
In the U.S., West Texas Intermediate crude for October delivery managed a gain of $1.17 to finish at $88.48 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude for November delivery went up 93 cents and closed at $94.10 a barrel on ICE Futures Europe.
Apache (APA) up 2.63 at 41.74 – change 6.72%
Cheniere (LNG) up 8.49 at 174.16 – change 5.13%
Chevron (CVX) up 3.86 at 163.27 – change 2.42%
ConocoPhillips (COP) up 5.38 at 117.71 – change 4.78%
Diamondback Energy (FANG) up 5.46 at 140.16 – change 4.05%
Energy Transfer LP (ET) up 0.33 at 12.01 – change 2.82%
Enterprise Products Partners (EPD) up 0.24 at 26.73 – change 0.90%
EOG Resources (EOG) up 5.32 at 126.73 – change 4.38%
ExxonMobil (XOM) up 2.33 at 97.66 – change 2.45%
Kinder Morgan (KMI) up 0.36 at 18.53 – change 1.98%
Marathon Oil Corp. (MRO) up 0.87 at 27.36 – change 3.28%
National Oilwell Varco (NOV) up 0.84 at 17.95 – change 4.90%
Occidental Petroleum (OXY) up 1.85 at 67.19 – change 2.84%
Phillips 66 (PSX) down 0.16 at 86.00 – change 0.19%
Pioneer Natural Resources (PXD) up 9.69 at 251.70 – change 4.00%
Tellurian Inc. (TELL) up 0.12 at 4.15 – change 2.97%
Valero (VLO) down 1.74 at 109.59 – change 1.57%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 1.12 at 103.32 – change 1.09%
CenterPoint (CNP) up 0.40 at 32.75 – change 1.23%
Entergy (ETR) up 0.99 at 118.70 – change 0.84%
