As crude oil prices managed a slight gain in Thursday’s trading, Oklahoma energy prices recorded a strong day with some seeing gains of 6% to 10%.
The day’s gain for crude prices was supported by a bigger draw than expected in U.S. crude inventories.
West Texas Intermediate crude went up 30 cents or 0.4% to close at $69.86 a barrel on the New York Mercantile Exchange.
Brent crude, the global benchmark, rose 31 cents or 0.4% and wrapped up the day at $74.34 a barrel on ICE Futures Europe.
Natural gas also finished up, settling at $2.70 with a 3 cent or 1.24% gain for the day.
It was a strong day in trading for Oklahoma energy stocks as SandRidge Energy gained 10% and Mammoth Energy recorded at 7% boost.
Others in the energy industry also recorded gains according to the Texas Energy Report.
APA Corp. (Apache) (APA) up 0.72 at 33.92 – change 2.16%
Cheniere (LNG) up 1.21 at 151.21 – change 0.80%
Chevron (CVX) up 1.32 at 156.24 – change 0.85%
ConocoPhillips (COP) up 0.55 at 103.06 – change 0.53%
Diamondback Energy (FANG) up 1.40 at 130.01 – change 1.08%
Energy Transfer LP (ET) up 0.03 at 12.77 – change 0.23%
Enterprise Products Partners (EPD) up 0.19 at 26.41 – change 0.72%
EOG Resources (EOG) up 1.81 at 113.00 – change 1.62%
ExxonMobil (XOM) up 1.30 at 106.70 – change 1.23%
Kinder Morgan (KMI) up 0.19 at 17.20 – change 1.11%
Marathon Oil Corp. (MRO) up 0.59 at 22.93 – change 2.64%
NOV Inc. (NOV) up 0.16 at 15.96 – change 1.01%
Occidental Petroleum (OXY) up 1.06 at 58.52 – change 1.84%
Phillips 66 (PSX) up 1.12 at 94.53 – change 1.20%
Pioneer Natural Resources (PXD) up 2.63 at 206.07 – change 1.29%
Tellurian Inc. (TELL) up 0.06 at 1.41 – change 4.44%
Valero (VLO) up 0.92 at 116.61 – change 0.79%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 1.64 at 83.26 – change 2.00%
CenterPoint (CNP) down 0.01 at 28.72 – change 0.04%
Entergy (ETR) down 0.04 at 95.73 – change 0.05%