Crude oil bounced back and OK energy stocks rebounded too in Thursday’s trading

Bouncing Back — Tom Morris

 

A day after a loss of nearly $5 a barrel, crude oil prices on Thursday bounced back with a 1% gain after reports that Saudi Arabia and Russia held meetings to talk about market stability.

Oklahoma energy stocks rebounded as well with some firms seeing 5% gains for the day.

West Texas Intermediate crude gained 74 cents or 1.1% to close at $68.35 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude rose 1% or $1.37 a barrel and closed at $74.70 on ICE Futures Europe.

April natural gas rose 7 cents to $2.51 per 1,000 cubic feet.

Oklahoma energy stocks rebounded as well including Gulfport Energy Corp. with a nearly 5% gain for the day while Ovintiv rose more than 5%.

Alliance Resource Partners, L.P.
19.00 USD+0.77 
Canoo Inc
0.59 USD+0.024 
Chesapeake Energy Ord Shs
73.25 USD+1.59 
Coterra Energy Inc
23.51 USD+0.73 
Devon Energy Corp
46.27 USD+1.13 
Empire Petroleum Corp
12.25 USD+0.050 
Gulfport Energy Corp
74.81 USD+3.28 
Helmerich & Payne, Inc.
35.00 USD−0.50 
LSB Industries Inc
10.71 USD+0.32 
Magellan Midstream Partners LP
52.66 USD+0.54 
Mammoth Energy Services Inc
4.82 USD0.00 
Matrix Service Co
5.72 USD+0.14 
NGL Energy Partners LP
2.93 USD−0.070 
OGE Energy Corp.
36.12 USD+0.42 
ONE Gas Inc
78.58 USD+1.44 
ONEOK, Inc.
61.02 USD+0.14 
Ovintiv Inc
35.10 USD+1.74 
PHX Minerals Inc
2.47 USD+0.040 
SandRidge Energy Inc
13.60 USD+0.54 
 Unit Corp
42.50 USD−0.81 
Vital Energy Inc
42.59 USD+0.77 
Williams Companies Inc
28.82 USD+0.040 
Oil Prices Begin To Bounce Back Following Dramatic Drop | OilPrice.com
Other energy stocks also recorded strong gains for the day, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.76 at 32.81 – change 2.37%

Cheniere (LNG) up 2.79 at 146.88 – change 1.93%

Chevron (CVX) up 0.49 at 154.29 – change 0.31%

ConocoPhillips (COP) up 1.15 at 96.40 – change 1.21%

Diamondback Energy (FANG) up 2.79 at 125.53 – change 2.27%

Energy Transfer LP (ET) up 0.31 at 12.25 – change 2.59%

Enterprise Products Partners (EPD) up 0.07 at 25.24 – change 0.27%

EOG Resources (EOG) up 3.00 at 104.48 – change 2.95%

ExxonMobil (XOM) down 0.59 at 101.03 – change 0.59%

Kinder Morgan (KMI) down 0.03 at 16.55 – change 0.19%

Marathon Oil Corp. (MRO) up 0.75 at 22.01 – change 3.52%

NOV Inc. (NOV) up 0.17 at 18.16 – change 0.94%

Occidental Petroleum (OXY) up 2.24 at 59.04 – change 3.94%

Phillips 66 (PSX) up 1.40 at 95.05 – change 1.49%

Pioneer Natural Resources (PXD) up 4.63 at 186.49 – change 2.55%

Tellurian Inc. (TELL) up 0.10 at 1.21 – change 9.00%

Valero (VLO) up 2.84 at 127.17 – change 2.28%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.58 at 92.01 – change 0.63%

CenterPoint (CNP) up 0.24 at 29.33 – change 0.82%

Entergy (ETR) up 0.81 at 105.90 – change 0.77%