Sunday , April 28 2024

Oklahoma energy stocks had a strong Thursday on crude oil rebound

Not only did crude oil prices rebound more than 1% on Thursday, but nearly every Oklahoma energy stock gained too and 5% and 6% jumps were common.
The reason for the oil jump was U.S. retail data prompted a sell-off in the dollar. Plus, investors took stock in the International Energy Agency forecast that there would be slowing demand growth in crude oil for the remainder of the year.
West Texas Intermediate rose $1.39 or 1.8% per barrel to finish at $78.03 on the New York Mercantile Exchange.
Brent crude, the global benchmark, gained $1.26 or 1.5% a barrel and settled at $82.86 on ICE Futures Europe. other currencies.
March natural gas fell 3 cents to $1.58 per 1,000 cubic feet.
What a turn around for Oklahoma energy stocks as Empire Petroleum led the way with an 8% gain while numerous others recorded 5% and 6% increases for the day.
Alliance Resource Partners, L.P.
19.60 USD−0.15 
Canoo Inc
0.15 USD+0.0031 
Chesapeake Energy Ord Shs
78.09 USD+2.24 
Coterra Energy Inc
24.66 USD+0.75 
Devon Energy Corp
43.19 USD+1.34 
Empire Petroleum Corp
6.43 USD+0.48 
Gulfport Energy Corp
134.58 USD+6.32 
Helmerich and Payne Inc
38.99 USD+2.06 
LSB Industries Inc
8.08 USD+0.33 
Mach Natural Resources LP
17.27 USD+0.13 
Mammoth Energy Services Inc
3.78 USD+0.18 
Matrix Service Co
12.65 USD+0.73 
NGL Energy Partners LP
5.77 USD−0.040 
OGE Energy Corp
32.92 USD+0.48 
ONE Gas Inc
61.38 USD+1.56 
ONEOK Inc
71.06 USD+1.95 
Ovintiv Inc
44.13 USD+1.71 
PHX Minerals Inc
3.08 USD+0.040 
SandRidge Energy Inc
12.95 USD+0.66 
Southwestern Energy Co
6.60 USD+0.26 
Unit Corp
42.77 USD−0.38 
Vital Energy Inc
46.19 USD+2.27 
Williams Companies Inc
34.19 USD+1.14 
Here’s how other energy stocks performed, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 1.45 at 31.25 – change 4.86%

Cheniere (LNG) up 3.37 at 158.96 – change 2.16%

Chevron (CVX) up 5.08 at 154.46 – change 3.40%

ConocoPhillips (COP) up 1.66 at 111.00 – change 1.51%

Diamondback Energy (FANG) up 8.66 at 178.52 – change 5.09%

Energy Transfer LP (ET) up 0.31 at 14.42 – change 2.19%

Enterprise Products Partners (EPD) up 0.30 at 26.99 – change 1.12%

EOG Resources (EOG) down 3.24 at 114.25 – change 2.91%

Exxon Mobil (XOM) up 2.89 at 103.73 – change 2.86%

Kinder Morgan (KMI) up 0.40 at 16.97 – change 2.41%

Marathon Oil Corp. (MRO) up 0.85 at 23.24 – change 3.79%

NOV Inc. (NOV) up 0.26 at 17.54 – change 1.50%

Occidental Petroleum (OXY) up 2.81 at 60.11 – change 4.90%

Phillips 66 (PSX) up 1.15 at 146.37 – change 0.79%

Pioneer Natural Resources (PXD) up 6.20 at 231.55 – change 2.75%

Tellurian Inc. (TELL) up 0.11 at 0.82 – change 16.74%

Valero (VLO) up 0.95 at 141.99 – change 0.67%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 2.56 at 81.36 – change 3.24%

CenterPoint (CNP) up 0.52 at 27.87 – change 1.90%

Entergy (ETR) up 1.92 at 100.00 – change 1.95%

The post Oklahoma energy stocks had a strong Thursday on crude oil rebound first appeared on Oklahoma Energy Today.

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