November 22, 2024
Energy

Crude oil settled higher on Friday


Crude oil recorded gains on Friday and finished the week more than 3.5% stronger, thanks to positive economic data and signals the Fed policymakers might cut interest rates in September.

West Texas Intermediate crude rose 65 cents or 0.9% to close at $76.84 a baarrel on the New York Mercantile Exchange.

Global benchmark Brent crude finished up 50 cents or 0.6% at $79.66 a barrel on ICE Futures Europe.

September natural gas rose 1 cent to $2.14 per 1,000 cubic feet.

Friday brought mixed trading results for Oklahoma energy stocks including a 5% gain for NGL Energy Partners and a 4% drop for SandRidge Energy.

Alliance Resource Partners, L.P.

72.52 USD+0.090 

44.92 USD−0.19 

4.51 USD−0.040 

138.14 USD+0.85 

34.82 USD+0.100 

7.99 USD−0.24 

Mach Natural Resources LP

18.83 USD−0.010 

Mammoth Energy Services Inc

8.95 USD−0.38 

NGL Energy Partners LP Unit

85.00 USD−0.33 

42.49 USD+0.010 

3.25 USD−0.12 

12.18 USD−0.46 

33.15 USD−0.75 

37.56 USD−0.27 

43.26 USD−0.60 

ange 0.37%


CLOSING OIL & GAS STOCKS

APA Corp. (Apache) (APA) down 0.13 at 28.32 – change 0.46%

Cheniere (LNG) up 3.30 at 183.17 – change 3.17%

Chevron (CVX) up 0.50 at 144.99 – change 0.34%

ConocoPhillips (COP) up 0.34 at 108.61 – change 0.31%

Diamondback Energy (FANG) up 2.27 at 199.77 – change 1.15%

Energy Transfer LP (ET) down 0.27 at 15.66 – change 1.70%

Enterprise Products Partners (EPD) down 0.62 at 28.71 – change 2.12%

EOG Resources (EOG) down 0.26 at 126.53 – change 0.21%

Exxon Mobil (XOM) up 0.96 at 118.85 – change 0.81%

Kinder Morgan (KMI) down 0.05 at 21.02 – change 0.24%

Marathon Oil Corp. (MRO) up 0.03 at 27.30 – change 0.11%

NOV Inc. (NOV) down 0.15 at 17.85 – change 0.78%

Occidental Petroleum (OXY) down 0.12 at 58.41 – change 0.21%

Phillips 66 (PSX) down 0.01 at 135.41 – change 0.01%

Tellurian Inc. (TELL) unchanged at 0.90 – change 0.00%

Valero (VLO) down 0.53 at 151.08 – change 0.35%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.37 at 97.53 – change 0.38%

CenterPoint (CNP) up 0.19 at 26.47 – change 0.72%

Entergy (ETR) up 0.31 at 117.53 – change 0.26%



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