US oil at $83 while crude prices in Europe hit $85

Oil prices move higher as fears of COVID-19 continue - BIC Magazine

 

Crude oil futures managed another large gain in Tuesday’s trading as prices in the US pushed closer to $83 a barrel while in Europe, crude finished at $85 a barrel. But the price climb didn’t help Oklahoma energy stocks for the most part.

West Texas Intermediate crude for November delivery, trading on the New York Mercantile Exchange rose 52 cents to close at $82.96 a barrel.

Global benchmark Brent crude for December delivery went up 75 cents and finished at $85.08 on ICE Futures Europe.

November natural gas prices went up too, climbing 10 cents to close at $5.09 per 1,000 cubic feet.

Oil’s continued climb in price didn’t appear to help many Oklahoma energy stocks on Tuesday. Some, like Alliance Resource Partners lost more than 5% while Cypress Environmental Partners managed a nearly 5% gain for the day.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP
11.93 USD −0.63 (5.02%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.37 USD −0.030 (0.88%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
61.77 USD −1.42 (2.25%)
Continental Resources, Inc.
NYSE: CLR
51.52 USD −0.66 (1.26%)
Coterra Energy Inc
NYSE: CTRA
20.86 USD +0.47 (2.31%)
Cypress Environmental Partners LP
NYSE: CELP
1.83 USD +0.080 (4.57%)
Devon Energy Corp
NYSE: DVN
40.30 USD −0.22 (0.54%)
Enable Midstream Partners LP
NYSE: ENBL
8.60 USD +0.030 (0.35%)
Gulfport Energy Corp
NYSE: GPOR
82.94 USD −0.53 (0.63%)
Helmerich & Payne, Inc.
NYSE: HP
34.69 USD +0.40 (1.17%)
LSB Industries, Inc.
NYSE: LXU
9.14 USD +0.070 (0.77%)
Laredo Petroleum Inc
NYSE: LPI
72.49 USD −1.41 (1.91%)
Magellan Midstream Partners, L.P.
NYSE: MMP
50.33 USD +0.38 (0.76%)
Mammoth Energy Services Inc
NASDAQ: TUSK
3.30 USD 0.00 (0.00%)
Matrix Service Co
NASDAQ: MTRX
9.88 USD −0.26 (2.56%)
NGL Energy Partners LP
NYSE: NGL
2.79 USD +0.0100 (0.36%)
OGE Energy Corp.
NYSE: OGE
33.60 USD +0.21 (0.63%)
ONE Gas Inc
NYSE: OGS
67.03 USD +0.67 (1.01%)
ONEOK, Inc.
NYSE: OKE
65.14 USD −0.050 (0.077%)
Ovintiv Inc
NYSE: OVV
39.27 USD −0.16 (0.41%)
PHX Minerals Inc
NYSE: PHX
3.46 USD −0.12 (3.35%)
SandRidge Energy Inc.
NYSE: SD
11.50 USD −0.31 (2.62%)
Units Ord Shs
OTCMKTS: UNTC
35.00 USD 0.00 (0.00%)
Williams Companies Inc
29.00 USD−0.29 (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 us how other energy stocks did on Tuesday.

Apache (APA) down 0.08 at 26.86 – change 0.26%

Cheniere (LNG) down 3.22 at 108.29 – change 2.89%

Chevron (CVX) up 2.14 at 111.70 – change 1.95%

ConocoPhillips (COP) up 0.82 at 75.31 – change 1.10%

Diamondback Energy (FANG) up 1.68 at 110.94 – change 1.53%

Energy Transfer LP (ET) up 0.02 at 10.07 – change 0.19%

Enterprise Products Partners (EPD) down 0.10 at 24.47 – change 0.41%

EOG Resources (EOG) up 0.85 at 90.16 – change 0.95%

ExxonMobil (XOM) up 0.94 at 63.50 – change 1.50%

Kinder Morgan (KMI) down 0.02 at 18.45 – change 0.11%

Marathon Oil Corp. (MRO) down 0.04 at 16.39 – change 0.25%

National Oilwell Varco (NOV) up 0.42 at 15.35 – change 2.81%

Occidental Petroleum (OXY) up 0.01 at 32.94 – change 0.03%

Phillips 66 (PSX) up 1.91 at 82.78 – change 2.36%

Pioneer Natural Resources (PXD) up 0.96 at 190.89 – change 0.50%

Valero (VLO) up 2.02 at 80.15 – change 2.58%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.81 at 83.80 – change 0.97%

CenterPoint (CNP) down 0.03 at 26.16 – change 0.12%

Entergy (ETR) up 0.28 at 102.06 – change 0.28%