PEMA Professional Energy Marketers Association
A day after a loss of nearly $5 a barrel, crude oil prices on Thursday bounced back with a 1% gain after reports that Saudi Arabia and Russia held meetings to talk about market stability.
Oklahoma energy stocks rebounded as well with some firms seeing 5% gains for the day.
West Texas Intermediate crude gained 74 cents or 1.1% to close at $68.35 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude rose 1% or $1.37 a barrel and closed at $74.70 on ICE Futures Europe.
April natural gas rose 7 cents to $2.51 per 1,000 cubic feet.
Oklahoma energy stocks rebounded as well including Gulfport Energy Corp. with a nearly 5% gain for the day while Ovintiv rose more than 5%.
APA Corp. (Apache) (APA) up 0.76 at 32.81 – change 2.37%
Cheniere (LNG) up 2.79 at 146.88 – change 1.93%
Chevron (CVX) up 0.49 at 154.29 – change 0.31%
ConocoPhillips (COP) up 1.15 at 96.40 – change 1.21%
Diamondback Energy (FANG) up 2.79 at 125.53 – change 2.27%
Energy Transfer LP (ET) up 0.31 at 12.25 – change 2.59%
Enterprise Products Partners (EPD) up 0.07 at 25.24 – change 0.27%
EOG Resources (EOG) up 3.00 at 104.48 – change 2.95%
ExxonMobil (XOM) down 0.59 at 101.03 – change 0.59%
Kinder Morgan (KMI) down 0.03 at 16.55 – change 0.19%
Marathon Oil Corp. (MRO) up 0.75 at 22.01 – change 3.52%
NOV Inc. (NOV) up 0.17 at 18.16 – change 0.94%
Occidental Petroleum (OXY) up 2.24 at 59.04 – change 3.94%
Phillips 66 (PSX) up 1.40 at 95.05 – change 1.49%
Pioneer Natural Resources (PXD) up 4.63 at 186.49 – change 2.55%
Tellurian Inc. (TELL) up 0.10 at 1.21 – change 9.00%
Valero (VLO) up 2.84 at 127.17 – change 2.28%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.58 at 92.01 – change 0.63%
CenterPoint (CNP) up 0.24 at 29.33 – change 0.82%
Entergy (ETR) up 0.81 at 105.90 – change 0.77%
The post Crude oil bounced back and OK energy stocks rebounded too in Thursday’s trading first appeared on Oklahoma Energy Today.
