Wednesday , May 15 2024

Crude oil finished the week with a 3% gain while natural gas continued its slump

Despite a slight dip in crude oil prices on Friday, they still finished the week more than 3% higher because of rising demand from US refiners completing planned overhauls. Once again, natural gas prices slipped in Friday’s trading.
West Texas Intermediate crude dropped 17 cents or 0.21% to close trading at $81.09 a barrel on the New York Mercantile Exchange.
Brent crude, the global benchmark, fell 9 cents or 0.11% and settled at $85.33 a barrel on ICE Futures Europe.
April natural gas fell 8 cents to $1.66 per 1,000 cubic feet.
Most Oklahoma energy stocks made minor gains in Friday’s trading.
Alliance Resource Partners, L.P.
19.76 USD+0.11 
Canoo Inc
1.94 USD+0.63 
Chesapeake Energy Corp
83.47 USD−0.93 
Coterra Energy Inc
26.42 USD−0.18 
Devon Energy Corp
47.62 USD−0.24 
Empire Petroleum Corp
5.55 USD−0.100 
Gulfport Energy Corp
152.54 USD+2.51 
Helmerich and Payne Inc
40.13 USD+0.050 
 LSB Industries Inc
7.50 USD+0.34 
Mach Natural Resources LP
19.12 USD−0.13 
 Mammoth Energy Services Inc
3.56 USD+0.0100 
Matrix Service Co
13.22 USD+0.13 
NGL Energy Partners LP
5.99 USD+0.030 
OGE Energy Corp
33.52 USD+0.080 
ONE Gas Inc
61.42 USD+0.090 
ONEOK Inc
77.00 USD−0.12 
Ovintiv Inc
50.46 USD−0.41 
PHX Minerals Inc
3.05 USD−0.0100 
SandRidge Energy Inc
13.89 USD+0.080 
Southwestern Energy Co
7.05 USD−0.050 
Vital Energy Inc
50.80 USD+0.24 
Williams Companies Inc
37.00 USD+0.090 
But other energy stocks appeared to have a mixed day of trading, according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.47 at 32.00 – change 1.45%

Cheniere (LNG) up 3.30 at 161.29 – change 2.08%

Chevron (CVX) down 0.15 at 155.55 – change 0.10%

ConocoPhillips (COP) up 0.26 at 120.04 – change 0.21%

Diamondback Energy (FANG) up 0.44 at 189.94 – change 0.23%

Energy Transfer LP (ET) up 0.30 at 15.34 – change 1.99%

Enterprise Products Partners (EPD) unchanged at 28.64 – change 0.00%

EOG Resources (EOG) down 1.00 at 122.79 – change 0.81%

Exxon Mobil (XOM) down 0.20 at 111.27 – change 0.18%

Kinder Morgan (KMI) up 0.04 at 17.60 – change 0.22%

Marathon Oil Corp. (MRO) up 0.25 at 26.51 – change 0.95%

NOV Inc. (NOV) down 0.12 at 18.55 – change 0.65%

Occidental Petroleum (OXY) up 0.07 at 62.65 – change 0.11%

Phillips 66 (PSX) up 4.65 at 159.03 – change 3.01%

Pioneer Natural Resources (PXD) down 0.51 at 249.96 – change 0.21%

Tellurian Inc. (TELL) up 0.04 at 0.96 – change 4.49%

Valero (VLO) up 4.30 at 163.69 – change 2.70%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.25 at 82.11 – change 0.30%

CenterPoint (CNP) down 0.02 at 27.87 – change 0.08%

Entergy (ETR) down 0.53 at 101.96 – change 0.52%

The post Crude oil finished the week with a 3% gain while natural gas continued its slump first appeared on Oklahoma Energy Today.

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