While oil futures rose to the highest level since March in Tuesday’s trading, energy firms had a mixed bag with some seeing the value of their shares declining. Others saw gains of up to more than 7%.
Devon Energy finished Tuesday’s trading 20 cents or 1.85% higher at $10.98. SandRidge Energy rose 6 cents for a 3.61% gain to settle at $1.72 a share.
Continental Energy ended the day with a 39 cent or 2.22% gain at $17.98 a share. Chesapeake Energy dropped 39 cents or 7.16% to $5.06. Mammoth Energy Services dropped 5.52% or 8 cents to $1.37.
Alliance Resource Partners dropped 3 cents or about 1% to $3.35. Cypress Environmental Partners was up 1 cent to settle at $2.54. Gulfport Energy Corporation finished up 7.18% or 5 cents to reach 75 cents per share.
Chevron (CVX) down 1.07 at 86.13 – change 1.23%
Concho Resources (CXO) up 1.44 at 51.55 – change 2.87%
ConocoPhillips (COP) down 0.02 at 38.85 – change 0.06%
Diamondback Energy (FANG) up 1.01 at 41.06 – change 2.52%
Energy Transfer LP (ET) down 0.04 at 6.57 – change 0.61%
EOG Resources (EOG) up 0.05 at 44.38 – change 0.11%
ExxonMobil (XOM) down 1.34 at 40.88 – change 3.18%
Kinder Morgan (KMI) down 0.29 at 13.96 – change 1.97%
Marathon Oil Corp. (MRO) up 0.04 at 5.49 – change 0.73%
National Oilwell Varco (NOV) down 0.05 at 12.09 – change 0.42%
Noble Energy (NBL) down 0.15 at 10.23 – change 1.36%
Occidental Petroleum (OXY) down 0.11 at 13.51 – change 0.81%
ONEOK (OKE) unchanged at 27.26 – change 0.00%
Parsley Energy (PE) up 0.28 at 11.25 – change 2.64%
Phillips 66 (PSX) down 2.02 at 61.63 – change 3.18%
Pioneer Natural Resources (PXD) up 2.17 at 106.92 – change 2.07%
Valero (VLO) down 0.74 at 54.25 – change 1.35%
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CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 1.01 at 79.77 – change 1.26%