Yahoo Finance’s Alexis Christoforous and Jared Blikre break down the latest market action after OPEC reached an agreement to increase oil production by one million barrels per day on a nominal basis. On a net basis, various figures around 600,000 to 800,000 are being touted.
Here’s the performance of select energy stocks as of 10:30 am ET:
MRO Marathon Oil Corp 8.76%
APC Anadarko Petro 6.68%
PE Parsley Energy Inc 6.44%
FTI(HB) TechnipFMC plc 5.95%
DVN Devon Energy 5.95%
NFX Newfield Exploration 5.95%
CLR Continental Resources Inc 5.84%
CVE(HB) Cenovus Energy Inc 5.49%
NBL Noble Energy 5.06%
COP ConocoPhillips 4.70%
HES Hess Corporation 4.51%
CNQ Canadian Natural Resources 4.47%
TRGP Targa Resources Corp 4.44%
EGN Energen Corp 4.39%
ECA EnCana Corporation 4.31%
HAL Halliburton Co 4.23%
BP BP P.L.C. ADS 4.14%
PXD Pioneer Natural Resources 4.13%
CQH(HB) Cheniere Energy Partners LP 4.12%
LNG Cheniere Energy 4.11%
SLB Schlumberger Ltd 4.04%
TOT Total ‘B’ ADS 3.96%
NOV National Oilwell Varco Inc 3.57%
HP Helmerich & Payne 3.56%
CXO Concho Resources Inc 3.47%
E(HB) Eni S.P.A. ADS 3.53%
RSPP RSP Permian Inc 3.42%
ETP(HB) Energy Transfer …read more
Source:: Yahoo Finance
