MARKETS: OPEC reaches a deal as Russia set to formalize new OPEC+ cartel
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 Partners LP 3.23%
EOG EOG Resources 3.38%
BHGE Baker Hughes a GE Co Cl A 3.31%
XEC Cimarex Energy 3.25%
ETE(HB) Energy Transfer Equity L.P. 3.17%
APA Apache Corp 3.16%
CEO(HB) CNOOC Ltd ADS 2.97%
EC Ecopetrol S.A. 2.89%
SU(HB) Suncor Energy (New) 2.83%
FANG Diamondback Energy Inc 2.85%
CVX Chevron Corporation 2.55%
PSX Phillips 66 2.48%
PAGP Plains GP Hldgs L.P Cl A 2.35%
XOM Exxon Mobil 2.31%
AM(HB) Antero Res Midstream LLC 2.32%
PAA(HB) Plains All American Pipeline 2.32%
UGP Ultrapar Participacoes SA ADS 2.25%
DCP(HB) DCP Midstream LP 1.97%
MPC Marathon Petro Corp 1.89%
IMO(HB) Imperial Oil Ltd 1.89%
EEP Enbridge Energy Ptnrs L.p. 1.87%
OKE Oneok Inc 1.86%
WGP(HB) Western Gas Equity Partners LP 1.80%
CQP Cheniere Energy Partners LP Un 1.79%
ANDV Andeavor 1.72%
WPZ Williams Partners LP 1.66%
WMB Williams Companies 1.68%
OXY Occidental Petro 1.56%
ANDX(HB) Andeavor Logistics LP 1.55%
ENB(HB) Enbridge Inc 1.46%
PSXP(HB) Phillips 66 Partners LP 1.44%
EPD Enterprise Products Partners 1.29%
VLO Valero Energy 1.35%
SEP(HB) Spectra Energy Partners 1.32%
PTR(HB) Petrochina Co Ltd ADR 1.28%
MMP Magellan Midstream Partners LP 1.19%
PBR Petroleo Brasileiro S.A. ADS 1.17%
AR Antero Resources Corp 1.06%
HFC HollyFrontier Corporation 0.94%
MPLX MPLX LP 0.77%
WES Western Gas Partners LP 0.72%
RRC Range Resources 0.71%
ENLK Crosstex Energy LP 0.67%
SHLX Shell Midstream Partners LP 0.62%
UGI UGI Corp 0.62%
TRP Transcanada Corp 0.58%
BPL Buckeye Ptnrs L.P. 0.49%
YPF(HB) YPF Sociedad Anonima ADS 0.35%
ATO Atmos Energy Corp 0.17%
VVC Vectren Corp -0.03%
ENBL(HB) Enable Midstream Partners LP -0.58%
EQGP EQT GP Hldgs LP -1.21%
COG Cabot Oil & Gas Corp -1.47%
EQT EQT Corporation -2.34%
EQM EQT Midstream Partners LP -2.91%
RDS-B
RDS-A
PBR-A
Source:: https://finance.yahoo.com/video/markets-opec-reaches-deal-russia-143446305.html
