Oil ended higher in Tuesday’s trading after COVID-19 restrictions and lockdowns in Shanghai were eased. At least one Oklahoma energy company saw shares shoot up nearly 20% for the day.
West Texas Intermediate crude for July delivery bounced back from a slight loss on Tuesday and rose 59 cents to settle at $115.26 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude for August delivery managed a 69-cent increase and finished the day at $116.29 a barrel on ICE Futures Europe.
July natural gas rose 55 cents or nearly 7% to $8.70 per 1,000 cubic feet.
If an Oklahoma energy stock had an outstanding day Wednesday, It was Laredo Petroleum. The company reported a nearly 20% gain for the day as shares settled at more than $100 each.
Apache (APA) up 0.61 at 47.62 – change 1.29%
Cheniere (LNG) up 3.21 at 139.97 – change 2.34%
Chevron (CVX) up 1.66 at 176.32 – change 0.95%
ConocoPhillips (COP) up 3.39 at 115.75 – change 3.01%
Diamondback Energy (FANG) up 0.87 at 152.88 – change 0.57%
Energy Transfer LP (ET) up 0.28 at 11.94 – change 2.40%
Enterprise Products Partners (EPD) up 0.53 at 27.95 – change 1.93%
EOG Resources (EOG) up 2.97 at 139.93 – change 2.16%
ExxonMobil (XOM) up 1.84 at 97.84 – change 1.91%
Kinder Morgan (KMI) up 0.33 at 20.02 – change 1.67%
Marathon Oil Corp. (MRO) down 0.05 at 31.38 – change 0.16%
National Oilwell Varco (NOV) up 0.28 at 20.28 – change 1.40%
Occidental Petroleum (OXY) up 1.11 at 70.42 – change 1.60%
Phillips 66 (PSX) up 2.37 at 103.18 – change 2.35%
Pioneer Natural Resources (PXD) down 0.12 at 277.82 – change 0.05%
Tellurian Inc. (TELL) down 0.29 at 4.49 – change 5.88%
Valero (VLO) up 2.95 at 132.55 – change 2.27%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.01 at 102.04 – change 0.01%
CenterPoint (CNP) up 0.01 at 32.06 – change 0.03%
Entergy (ETR) down 0.15 at 120.18 – change 0.12%
