Saudis got their crude oil price gain

Four takeaways as oil giant Saudi Aramco reports a huge $161 billion profit : NPR

 

 

Crude oil prices on Monday did just what top exporter Saudi Arabia wanted when it cut production by another 1 million barrels a day beginning in July.

They went up with West Texas Intermediate crude going up 41 cents to $72.15 on the New York Mercantile Exchange. It reached a high of $75.06 before closing lower for the day.

Global benchmark Brent crude gained 58 cents and finished the day at $76.61 a barrel on ICE Futures Europe.

July natural gas rose 8 cents to $2.25 per 1,000 cubic feet.

The moderate gains made by crude oil left Oklahoma energy stocks mixed for the day. Some recorded losses of 2% while others made gains of 2% for the day.

Vital Energy recorded the biggest loss of the day at 2.46% while the largest gain was 2.30% by Matrix Service Inc.

 

Alliance Resource Partners, L.P.
17.47 USD−0.35 
Canoo Inc
0.56 USD+0.0081 
Chesapeake Energy Ord Shs
77.69 USD−1.94 
Coterra Energy Inc
23.73 USD−0.17 
Devon Energy Corp
48.37 USD−0.16 
Empire Petroleum Corp
10.45 USD−0.050 
Gulfport Energy Corp
97.39 USD−0.84 
Helmerich & Payne, Inc.
32.71 USD−0.80 
 LSB Industries Inc
9.77 USD−0.0100 
Magellan Midstream Partners LP
61.97 USD+0.46 
Mammoth Energy Services Inc
3.95 USD+0.060 
Matrix Service Co
5.77 USD+0.13 
NGL Energy Partners LP
3.46 USD−0.055 
OGE Energy Corp.
35.77 USD+0.090 
ONE Gas Inc
79.97 USD−1.40 
ONEOK, Inc.
58.72 USD−0.020 
Ovintiv Inc
36.02 USD+0.43 
PHX Minerals Inc
2.80 USD−0.0100 
SandRidge Energy Inc
14.71 USD+0.090 
Unit Corp
48.70 USD+0.39 
Vital Energy Inc
42.38 USD−1.07 
Williams Companies Inc
30.14 USD−0.090 
Why Saudis Could Let Crude Oil Drop to $25 | Barron's
Many other energy stocks were down for the day according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.61 at 33.07 – change 1.82%

Cheniere (LNG) down 2.38 at 143.38 – change 1.64%

Chevron (CVX) down 0.75 at 155.51 – change 0.48%

ConocoPhillips (COP) down 0.29 at 102.07 – change 0.28%

Diamondback Energy (FANG) down 1.03 at 130.32 – change 0.79%

Energy Transfer LP (ET) up 0.01 at 12.89 – change 0.07%

Enterprise Products Partners (EPD) up 0.03 at 25.96 – change 0.11%

EOG Resources (EOG) down 0.27 at 111.65 – change 0.25%

ExxonMobil (XOM) down 0.47 at 105.29 – change 0.45%

Kinder Morgan (KMI) up 0.01 at 16.76 – change 0.05%

Marathon Oil Corp. (MRO) down 0.32 at 22.94 – change 1.38%

NOV Inc. (NOV) down 0.32 at 15.49 – change 2.03%

Occidental Petroleum (OXY) down 0.29 at 59.40 – change 0.49%

Phillips 66 (PSX) down 1.01 at 96.02 – change 1.05%

Pioneer Natural Resources (PXD) down 2.82 at 202.85 – change 1.38%

Tellurian Inc. (TELL) down 0.08 at 1.22 – change 5.43%

Valero (VLO) down 1.88 at 107.39 – change 1.73%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.55 at 84.00 – change 0.65%

CenterPoint (CNP) up 0.15 at 28.75 – change 0.52%

Entergy (ETR) up 0.32 at 99.76 – change 0.32%