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June 9, 2024

Investors hope for improved crude oil prices

 

Crude prices  in the US managed to nearly hold their own on Friday’s trading while Oklahoma energy stocks suffered losses including some with 6% and 7% drops in the values of their stocks.

West Texas Intermediate crude slipped 2 cents on Friday to $75.33 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude finished down 25 cents to $79.62 a barrel on ICE Futures Europe.

Wholesale gasoline for July delivery fell 2 cents to $2.38 a gallon. July heating oil fell 1 cent to $2.35 a gallon.

July natural gas rose 10 cents to $2.92 per 1,000 cubic feet.

Investors will be hoping that Monday will bring a turnaround for Oklahoma energy stocks as they suffered more losses on Friday, including a 7% fall for NGL Energy Partners and a 6% drop for Empire Petroleum.

 

Alliance Resource Partners, L.P.
24.59 USD+0.26 
Canoo Inc
2.04 USD−0.080 
Chesapeake Energy Corp
88.29 USD−0.020 
Coterra Energy Inc
27.58 USD−0.080 
Devon Energy Corp
46.79 USD+0.030 
 Empire Petroleum Corp
6.10 USD−0.40 
Gulfport Energy Corp
158.89 USD−1.04 
Helmerich and Payne Inc
34.69 USD−0.63 
LSB Industries Inc
9.22 USD−0.030 
 Mach Natural Resources LP
19.27 USD+0.020 
Mammoth Energy Services Inc
3.57 USD-0.01 
Matrix Service Co
10.84 USD−0.49 
NGL Energy Partners LP Unit
5.47 USD−0.42 
OGE Energy Corp
35.41 USD−0.18 
ONE Gas Inc
60.43 USD−0.24 
ONEOK Inc
78.65 USD−0.30 
Ovintiv Inc
47.63 USD−0.74 
PHX Minerals Inc
3.25 USD0.00 
SandRidge Energy Inc
13.03 USD−0.020 
Southwestern Energy Co
7.23 USD0.00 
 Unit Corp
37.25 USD+0.100 
Vital Energy Inc
44.65 USD−0.030 
Williams Companies Inc
40.70 USD−0.24 
Many other energy stocks also were down for the day, according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.38 at 28.85 – change 1.31%

Cheniere (LNG) down 1.00 at 159.59 – change 0.63%

Chevron (CVX) up 0.15 at 156.08 – change 0.09%

ConocoPhillips (COP) down 0.20 at 112.00 – change 0.18%

Diamondback Energy (FANG) down 0.74 at 190.30 – change 0.39%

Energy Transfer LP (ET) up 0.03 at 15.48 – change 0.19%

Enterprise Products Partners (EPD) down 0.08 at 28.35 – change 0.25%

EOG Resources (EOG) up 1.02 at 120.19 – change 0.85%

Exxon Mobil (XOM) down 1.22 at 112.75 – change 1,08%

Kinder Morgan (KMI) down 0.19 at 19.62 – change 0.96%

Marathon Oil Corp. (MRO) down 0.01 at 27.87 – change 0.04%

NOV Inc. (NOV) down 0.08 at 17.32 – change 0.46%

Occidental Petroleum (OXY) down 0.60 at 59.48 – change 1.00%

Phillips 66 (PSX) down 0.30 at 138.07 – change 0.22%

Tellurian Inc. (TELL) up 0.05 at 0.74 – change 8.35%

Valero (VLO) down 1.34 at 154.43 – change 0.87%


CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.40 at 88.30 – change 0.46%

CenterPoint (CNP) down 0.08 at 30.17 – change 0.27%

Entergy (ETR) down 1.38 at 108.47 – change 1.26%

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