Crude oil finished the week on Friday with a 1% gain on the day, despite signs of a slowing U.S. output and a 6th straight week of declines in American rig counts. The gains were made on growing worries about global demand growth.
Oklahoma energy stocks wrapped up the week with a day of gains for most, ranging from 2% to 4% increases.
US benchmark, West Texas Intermediate crude gained 86 days or 1.1% and settled at $81.25 a barrel on the New York Mercantile Exchange.
Brent crude, the global benchmark, finished up 68 cents or 0.8% to close at $84.80 a barrel on ICE Futures Europe.
Natural gas down 0.07 at $2.55 – change 2.67%
Of the Oklahoma energy stocks, Vital Energy Inc. had the largest gain at 4% while 2% gains were recorded by Devon Energy, Mammoth Energy Services, and PHX Minerals.
APA Corp. (Apache) (APA) up 0.17 at 44.22 – change 0.38%
Cheniere (LNG) up 0.51 at 163.90 – change 0.31%
Chevron (CVX) up 1.14 at 160.90 – change 0.71%
ConocoPhillips (COP) up 0.56 at 117.29 – change 0.47%
Diamondback Energy (FANG) up 0.53 at 148.04 – change 0.35%
Energy Transfer LP (ET) up 0.10 at 13.00 – change 0.77%
Enterprise Products Partners (EPD) up 0.14 at 26.51 – change 0.53%
EOG Resources (EOG) up 0.90 at 130.63 – change 0.69%
ExxonMobil (XOM) up 1.64 at 110.04 – change 1.51%
Kinder Morgan (KMI) up 0.09 at 17.43 – change 0.51%
Marathon Oil Corp. (MRO) up 0.39 at 26.39 – change 1.50%
NOV Inc. (NOV) up 0.52 at 20.62 – change 2.58%
Occidental Petroleum (OXY) up 0.91 at 64.06 – change 1.44%
Phillips 66 (PSX) up 0.65 at 114.24 – change 0.57%
Pioneer Natural Resources (PXD) up 1.26 at 237.86 – change 0.53%
Tellurian Inc. (TELL) down 0.01 at 1.27 – change 0.79%
Valero (VLO) up 1.56 at 133.58 – change 1.18%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.24 at 79.02 – change 0.30%
CenterPoint (CNP) up 0.19 at 28.19 – change 0.67%
Entergy (ETR) up 0.53 at 95.58 – change 0.58%
