US crude prices remain above $72 a barrel

Oil prices rise as Hurricane Delta approaches US Gulf of Mexico, Energy News, ET EnergyWorld

 

Crude oil prices continued their rise in Wednesday’s trading as they settled again above $72 a barrel in the US and more than $74 a barrel in Europe.

West Texas Intermediate crude for July delivery managed a 3 cent increase to settle at $72.15 a barrel.

Global benchmark Brent crude for August delivery rose 40 cents and finished the day at $74.39 a barrel.

July natural gas  also rose 1 cent to $3.25 per 1,000 cubic feet.

Oklahoma energy stocks were mixed. For everyone that gained, another suffered a loss.

The biggest gain of the day was recorded by Mammoth Energy Services Inc. where it gained 5.71% on a 22 cent climb to $4.07 a share.

Alliance Resource Partners, L.P. fell 5 cents for a 0.71% loss to $7.03.

Blueknight Energy Partners LP dropped 7 cents to $3.79 for a loss of 1.81%.

Chesapeake Energy suffered a 3.34% loss on a fall of $1.87 to $54.09.
Cimarex Energy Company dropped $1.01 to $69.76 for a 1.43% loss.
Continental Resources, Inc. fell 22 cents for a 0.58% loss to $36.57.
Cypress Environmental Partners LP rose 9 cents for a 3.86% gain to $2.42.
Devon Energy Corp lost 1.82% on a 54 cent dip to $29.06.
Enable Midstream Partners LP scored a 0.67% gain on an increase of $0.065 cents to settle at $9.72 for the day.
Gulfport Energy Operating Corp. lost 1.97% on a $1.31 fall to $65.10.
Helmerich & Payne, Inc. rose 24 cents and closed at $34.79 for a gain of 0.69%.
LSB Industries finished 2 cents down at $6.53 for a loss of 0.31%.
Laredo Petroleum Inc rose $1.62 for a 2.49% gain to $66.79.
Magellan Midstream Partners, LP finished up 61 cents at $53.23 for a gain of 1.16%.
Matrix Service Co. gained 0.70% on an 8 cent climb to $11.43.
NGL Energy Partners LP gained 1.10% on a 2 cent climb to $2.30.
OGE Energy Corp. fell 41 cents for a 1.17% loss to $34.78.
ONE Gas Inc rose 32 cents to finish at $77.85 and a 0.41% gain.
ONEOK Inc. gained 1.86% on a $1.04 increase to $57.02.
Ovintiv Inc. went up 19 cents to $31.74 for a gain of 0.60%.
PHX Minerals Inc lost 1.08% on a 4 cent slide to $3.67.
SandRidge Energy Inc. lost 1.49% on a fall of 9 cents to $6.30.
Unit Corporation fell 15 cents to settle at $16.10 for a 0.92% loss.
Williams Companies Inc finished 28 cents down at $27.47 and a loss of 0.99%.
oil prices: Oil prices back on the rise on US stimulus hopes, Iraq output cut, Auto News, ET Auto

The Texas Energy Report showed other energy stocks didn’t do much better. Occidental Petroleum had the best showing with a 4.58% gain on a $1.34 increase to $30.54.

Cabot Oil & Gas (COG) down 0.31 at 16.57 – change 1.84%

Chevron (CVX) down 0.63 at 109.67 – change 0.58%

ConocoPhillips (COP) down 0.04 at 61.13 – change 0.07%

Diamondback Energy (FANG) down 0.48 at 90.37 – change 0.53%

Energy Transfer LP (ET) up 0.13 at 11.35 – change 1.15%

Enterprise Products Partners (EPD) up 0.17 at 25.43 – change 0.67%

EOG Resources (EOG) down 0.89 at 84.71 – change 1.04%

ExxonMobil (XOM) down 0.23 at 64.09 – change 0.36%

Kinder Morgan (KMI) down 0.18 at 18.85 – change 0.95%

Marathon Oil Corp. (MRO) down 0.18 at 13.66 – change 1.31%

National Oilwell Varco (NOV) down 0.30 at 17.21 – change 1.72%

Phillips 66 (PSX) down 1.36 at 90.74 – change 1.48%

Pioneer Natural Resources (PXD) down 0.68 at 161.41 – change 0.42%

Valero (VLO) down 0.84 at 81.45 – change 1.03%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.84 at 84.40 – change 0.99%

CenterPoint (CNP) down 0.46 at 25.53 – change 1.77%

Entergy (ETR) down 1.83 at 107.40 – change 1.68%