Crude oil made 2% gain on Thursday while OK energy stocks were mixed

 

Thursday brought higher crude oil prices after the IEA joined OPEC in predicting strong growth in global oil demand and there was a big weekly draw in crude oil inventories in the U.S. and the Cushing Hub.

Crude oil traders also expressed more concern about the risks in the Middle East.

West Texas Intermediate crude rose $1.52 or 2% per barrel to finish at $74.08 on the New York Mercantile Exchange.

Brent crude, the global benchmark, gained $1.22 or 1.6% a barrel and settled at $79.10 on ICE Futures Europe.

For most Oklahoma energy stocks, it was a mixed day of trading as Gulfport Energy and ONEOK both gained about 3% for the day, while Chesapeake Energy and Southwestern Energy, two firms that announced a merger last week lost nearly 1%.

According to the Texas Energy Report, other energy stocks finished down on Thursday’s trading.

APA Corp. (Apache) (APA) down 0.13 at 30.68 – change 0.43%

Cheniere (LNG) down 0.13 at 162.40 – change 0.08%

Chevron (CVX) down 1.30 at 141.82 – change 0.91%

ConocoPhillips (COP) down 0.64 at 106.93 – change 0.60%

Diamondback Energy (FANG) down 0.04 at 149.74 – change 0.03%

Energy Transfer LP (ET) down 0.05 at 13.72 – change 0.37%

Enterprise Products Partners (EPD) up 0.13 at 26.71 – change 0.48%

EOG Resources (EOG) down 0.54 at 110.09 – change 0.49%

Exxon Mobil (XOM) down 0.18 at 96.80 – change 0.19%

Kinder Morgan (KMI) down 0.25 at 17.30 – change 1.43%

Marathon Oil Corp. (MRO) down 0.17 at 22.15 – change 0.77%

NOV Inc. (NOV) up 0.39 at 19.47 – change 2.04%

Occidental Petroleum (OXY) up 0.25 at 56.47 – change 0.44%

Phillips 66 (PSX) down 0.60 at 127.67 – change 0.47%

Pioneer Natural Resources (PXD) down 0.49 at 216.63 – change 0.23%

Tellurian Inc. (TELL) down 0.03 at 0.54 – change 3.58%

Valero (VLO) down 0.35 at 125.96 – change 0.28%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.53 at 78.20 – change 1.92%

CenterPoint (CNP) down 0.29 at 27.77 – change 1.00%

Entergy (ETR) down 1.85 at 98.86 – change 1.84%