PEMA Professional Energy Marketers Association
Moderate gains were made Thursday by Oklahoma energy stocks and crude oil prices. Crude oil managed a 1% gain for the day after the biggest two-day loss for the start of a year in three decades.
It came after lower fuel inventories were reported.
West Texas Intermediate crude for February delivery rose 83 cents to close at $73.67 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude for delivery in March gained 85 cents and finished the day at $78.69 a barrel on ICE Futures Europe.
February natural gas fell 45 cents to $3.72 per 1,000 cubic feet.
Oklahoma energy stocks recorded more gains than losses in trading including Unit Corporation with a more than 14% boost for the day. Chesapeake Energy was up 5%.
Most other energy stocks recorded gains for the day according to the Texas Energy Report
APA Corp. (Apache) (APA) down 0.39 at 41.76 – change 0.93%
Cheniere (LNG) up 0.10 at 144.79 – change 0.06%
Chevron (CVX) up 3.10 at 175.24 – change 1.80%
ConocoPhillips (COP) up 3.43 at 116.77 – change 3.02%
Diamondback Energy (FANG) up 3.42 at 134.04 – change 2.61%
Energy Transfer LP (ET) up 0.27 at 11.93 – change 2.31%
Enterprise Products Partners (EPD) up 0.28 at 24.63 – change 1.19%
EOG Resources (EOG) up 0.02 at 124.38 – change 0.01%
ExxonMobil (XOM) up 2.39 at 109.21 – change 2.23%
Kinder Morgan (KMI) down 0.02 at 18.21 – change 0.11%
Marathon Oil Corp. (MRO) up 0.55 at 25.87 – change 2.17%
NOV Inc. (NOV) up 0.33 at 20.49 – change 1.63%
Occidental Petroleum (OXY) up 0.39 at 62.22 – change 1.81%
Phillips 66 (PSX) up 2.34 at 103.02 – change 2.32%
Pioneer Natural Resources (PXD) up 4.08 at 227.13 – change 2.32%
Tellurian Inc. (TELL) down 0.01 at 1.73 – change 2.38%
Valero (VLO) up 6.97 at 126.59 – change 5.82%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 1.74 at 93.78 – change 1.83%
CenterPoint (CNP) down 0.67 at 28.98 – change 2.26%
Entergy (ETR) down 5.55 at 103.66 – change 5.09%
The post Gains recorded by crude oil prices and Oklahoma energy stocks first appeared on Oklahoma Energy Today.
