Tuesday , May 21 2024

Crude made gains on Tuesday….WTI pushes closer to $80 a barrel

 

Crude oil prices recorded a jump of a dollar a barrel in Tuesday’s trading and it came as OPEC+ reportedlly is thinking of extending its voluntary oil output cuts into the second quarter of the year.
West Texas Intermediate crude rose $1.29 or 1.7% to settle at $78.87 a barrel on the New York Mercantile Exchange.
Brent crude finished up $1.12 or 1.4% to $83.65 a barrel on ICE Futures Europe.
March natural gas rose 6 cents to $1.66 per 1,000 cubic feet.
Tuesday was a day for gains for many Oklahoma energy stocks including a 4% jump for Vital Energy.
Alliance Resource Partners, L.P.
18.98 USD+0.080 
Canoo Inc
0.11 USD+0.0087 
Chesapeake Energy Corp
81.94 USD−0.040 
Coterra Energy Inc
25.98 USD+0.060 
Devon Energy Corp
44.32 USD+0.49 
Empire Petroleum Corp
5.85 USD−0.090 
Gulfport Energy Corp
141.79 USD+0.66 
Helmerich and Payne Inc
38.59 USD+0.60 
LSB Industries Inc
7.60 USD+0.24 
Mach Natural Resources LP
19.58 USD+0.21 
Mammoth Energy Services Inc
3.78 USD−0.0100 
Matrix Service Co
11.67 USD+0.060 
 NGL Energy Partners LP
5.92 USD+0.090 
OGE Energy Corp
33.27 USD+0.45 
ONE Gas Inc
59.00 USD+0.67 
ONEOK Inc
74.37 USD+1.46 
Ovintiv Inc
46.06 USD+0.090 
PHX Minerals Inc
3.07 USD0.00 
SandRidge Energy Inc
13.00 USD+0.29 
Southwestern Energy Co
6.86 USD−0.080 
Unit Corp
40.19 USD+0.24 
 Vital Energy Inc
49.31 USD+1.85 
Williams Companies Inc
35.04 USD+0.32 

Other energy companies also recorded gains in Tuesday’s trading according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.57 at 30.20 – change 1.95%

Cheniere (LNG) down 1.81 at 153.18 – change 1.17%

Chevron (CVX) down 2.29 at 152.16 – change 1.49%

ConocoPhillips (COP) down 0.81 at 111.61 – change 0.73%

Diamondback Energy (FANG) up 0.84 at 177.95 – change 0.47%

Energy Transfer LP (ET) unchanged at 14.69 – change 0.00%

Enterprise Products Partners (EPD) up 0.20 at 27.61 – change 0.72%

EOG Resources (EOG) up 1.89 at 113.94 – change 1.68%

Exxon Mobil (XOM) down 0.22 at 104.03 – change 0.22%

Kinder Morgan (KMI) up 0.04 at 17.17 – change 0.23%

Marathon Oil Corp. (MRO) up 0.14 at 24.29 – change 0.57%

NOV Inc. (NOV) up 0.28 at 17.20 – change 1.21%

Occidental Petroleum (OXY) up 0.13 at 60.60 – change 0.21%

Phillips 66 (PSX) down 2.97 at 145.34 – change 2.01%

Pioneer Natural Resources (PXD) down 0.21 at 233.75 – change 0.09%

Tellurian Inc. (TELL) up 0.04 at 0.74 – change 5.87%

Valero (VLO) down 2.11 at 142.97 – change 1.46%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 3.30 at 84.07 – change 4.08%

CenterPoint (CNP) up 0.35 at 27.65 – change 1.28%

Entergy (ETR) up 0.82 at 100.77 – change 0.82%

The post Crude made gains on Tuesday….WTI pushes closer to $80 a barrel first appeared on Oklahoma Energy Today.

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