Crude oil rebounds in Tuesday’s trading–so did Oklahoma energy stocks

Oil prices up on estimated fall in US crude stocks

 

After taking a more than $5 a barrel tumble on Monday, crude oil prices in the US managed a weak $1 rebound on Tuesday. As a result, Oklahoma energy stocks brought a sigh of relief to operators and investors.

West Texas Intermediate crude oil for August delivery finished one dollar higher at $67.42.

Global benchmark Brent crude oil for September delivery had a weaker response with only a 73 cent rebound to settle at $69.35 a barrel on ICE Futures Europe.

A day after Oklahoma energy stocks took a beating in Monday’s trading, most saw improvement but none like LSB Industries where the $2.09 jump in trading resulted in a nearly 43% gain. Its actual gain was 42.57% as shares finished at $7 for the day.

Here’s how others fared on Tuesday:

Alliance Resource Partners, L.P.

6.87 USD+0.040 (0.59%)
Blueknight Energy Partners LP 
3.34 USD+0.18 (5.70%)
Chesapeake Energy 
50.81 USD+1.91 (3.91%)
Cimarex Energy Co
62.79 USD−0.56 (0.88%)
Continental Resources, Inc.
32.79 USD+0.76 (2.37%)
Cypress Environmental Partners LP
2.04 USD+0.12 (6.24%)
Devon Energy Corp
25.33 USD+0.41 (1.65%)
 Enable Midstream Partners LP
8.39 USD+0.43 (5.34%)
Gulfport Energy Operating Corp
61.62 USD−1.40 (2.22%)
Helmerich & Payne, Inc.
28.58 USD+0.74 (2.66%)
LSB Industries, Inc.
7.00 USD+2.09 (42.57%)
Laredo Petroleum Inc
58.23 USD+3.13 (5.68%)
Magellan Midstream Partners, L.P.
46.65 USD+1.45 (3.21%)
Mammoth Energy Services Inc
4.00 USD+0.32 (8.70%)
Matrix Service Co
10.87 USD+0.33 (3.13%)
NGL Energy Partners LP
2.06 USD−0.070 (3.29%)
OGE Energy Corp.
33.89 USD+0.57 (1.71%)
ONE Gas Inc
73.64 USD+0.61 (0.84%)
ONEOK, Inc.
52.38 USD+2.18 (4.34%)
Ovintiv Inc
25.48 USD+0.67 (2.70%)
PHX Minerals Inc
3.04 USD+0.12 (4.11%)
SandRidge Energy Inc.
5.30 USD+0.28 (5.58%)
Unit Corp
19.73 USD+0.20 (1.02%)
Williams Companies Inc
25.03 USD+0.31 (1.25%)
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Other stocks also responded with gains according to the Texas Energy Report.

Cabot Oil & Gas (COG) down 0.10 at 15.54 – change 0.64%

Chevron (CVX) up 0.56 at 96.53 – change 0.59%

ConocoPhillips (COP) up 0.77 at 54.47 – change 1.43%

Diamondback Energy (FANG) up 1.73 at 74.92 – change 2.36%

Energy Transfer LP (ET) up 0.46 at 9.77 – change 4.94%

Enterprise Products Partners (EPD) up 0.56 at 23.76 – change 2.41%

EOG Resources (EOG) up 1.15 at 71.50 – change 1.64%

ExxonMobil (XOM) up 0.61 at 55.96 – change 1.10%

Kinder Morgan (KMI) up 0.28 at 17.47 – change 1.68%

Marathon Oil Corp. (MRO) up 0.22 at 11.34 – change 1.97%

National Oilwell Varco (NOV) up 0.31 at 13.55 – change 2.34%

Occidental Petroleum (OXY) up 0.55 at 25.37 – change 2.21%

Phillips 66 (PSX) up 0.57 at 71.13 – change 0.82%

Pioneer Natural Resources (PXD) up 2.29 at 138.94 – change 1.67%

Valero (VLO) up 0.65 at 62.57 – change 1.04%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.03 at 85.74 – change 0.04%

CenterPoint (CNP) up 0.37 at 24.24 – change 1.48%

Entergy (ETR) up 0.74 at 102.35 – change 0.72%