The Daily Wrap

The Daily Wrap

Summary of today's energy market action:
  • A bullish US inventory report sent crude prices mostly higher today, with Brent gaining 0.5% and WTI up almost 1% for the day.
  • Despite continued drawdowns at the Cushing storage hub, the Canadian heavy oil discount widened again today, sending WCS prices lower for the third day in a row.
  • On the TSX, energy services stocks were once again the worst performers, led lower by CES Energy Solutions (CES -3.5%) and Trican Well Services (TCW -2.5%). Producers were today's best performers, with most posting gains for the day. PrairieSky Royalty touched a new 1-year low but rebounded by the end of the day.
  • All US energy sub-sectors had a good day, led by E&Ps and refining stocks. EOG Resources (EOG) hit an all-time high.
OIL PRICES - DAILY % CHANGE
WTI DIFFERENTIALS
STREAM CLOSE %CHG L 52WK H
BRENT$73.44▲0.548.06
 
79.80
WTI$68.52▲0.945.77
 
74.15
CDN LT$61.67▲1.043.29
 
69.32
C5+$67.42▲0.945.25
 
71.40
WCS$40.52▼2.630.41
 
56.21
CRUDE OIL FUTURES CURVES
BRENT
WTI
█ JUL 25   █ JUL 18   █ JUL 11   █ JUL 4   (USD/BBL)
ENERGY SECTORS
ENERGY SUB-SECTORS

TSX ENERGY SUB-SECTORS
VERSUS TSX & CDN ENERGY SECTOR

SPX ENERGY SUB-SECTOR
VERSUS SPX & US ENERGY SECTOR
TSX ENERGY STOCKS
COMPANY TICKER CLOSE %CHG L 52WK H RANK 
INTEGRATED
SuncorSU53.11▼-0.838.11
 
55.3590
Imperial OilIMO43.33▲1.433.43
 
44.9186
Husky EnergyHSE20.65▼-0.814.10
 
21.3091
MIDSTREAM
EnbridgeENB45.56▼-0.537.36
 
53.0069
TransCanadaTRP58.29▲0.150.28
 
65.1876↑
Pembina PipelinePPL46.22▼0.037.60
 
47.0288↑
Inter PipelineIPL24.59▲0.921.36
 
27.9259
Keyera KEY37.75▲1.031.20
 
40.1486
Enbridge Income FundENF32.25▼-0.126.36
 
33.0593
Gibson EnergyGEI17.50▲0.315.68
 
19.3849
LARGE CAP E&P
Canadian NaturalCNQ47.06▲1.336.88
 
49.0886
Cenovus EnergyCVE13.54▲0.79.03
 
14.8481
EncanaECA17.25▲1.411.05
 
18.0683
PrairieSkyPSK24.29▲1.223.51
 
35.907
TourmalineTOU24.54▲0.417.78
 
28.7488
SERVICES
ShawcorSCL25.64▼-1.323.60
 
30.1020↓
Mullen Group MTL15.39▼-1.014.10
 
17.6248↓
CES Energy SolutionsCEU4.46▼-3.54.39
 
7.344↓
Pason SystemsPSI20.56▲0.516.05
 
21.9681
EnerflexEFX14.65▼-0.713.55
 
19.0834
REFINING & MARKETING
Parkland FuelPKI34.93▲0.423.41
 
35.5396
S&P 500 ENERGY STOCKS
COMPANY TICKER CLOSE %CHG L 52WK H RANK 
INTEGRATED
Exxon MobilXOM83.59▲0.772.16
 
89.3050
ChevronCVX124.90▲0.9104.20
 
133.8846
MIDSTREAM
Kinder MorganKMI17.90▲1.414.69
 
20.6046↑
Williams CoWMB29.44▲0.924.00
 
33.6759↑
ONEOKOKE70.89▲0.749.65
 
71.9990
LARGE CAP E&P
ConocoPhillipsCOP71.51▲1.042.27
 
72.5793
EOG ResourcesEOG128.38▲2.281.99
 
128.6787↑
Occidental PetroleumOXY84.33▲1.158.44
 
87.6782
Anadarko PetroleumAPC73.31▲1.339.96
 
76.7090
Pioneer Natural ResPXD188.65▲0.8125.46
 
213.4052
SERVICES
SchlumbergerSLB65.78▲0.461.02
 
80.3517
HalliburtonHAL39.82▼-1.338.18
 
57.861
Baker HughesBHGE33.27▲0.925.53
 
38.1048↑
TechnipFMCFTI29.87▼-0.224.53
 
35.0017
National-Oilwell VarcoNOV42.32▲0.029.90
 
46.0073
REFINERS
Phillips 66PSX112.35▲1.080.73
 
122.3874↑
Valero EnergyVLO109.33▲1.964.22
 
126.9878↑
Marathon PetroleumMPC74.72▲1.349.30
 
83.3373↑
AndeavorANDV140.51▲1.089.58
 
151.8994
NYSE ADRs
COMPANY TICKER CLOSE %CHG L 52WK H RANK 
Royal Dutch ShellRDS.A70.34▲0.254.27
 
73.8659
TotalTOT62.46▲0.749.75
 
64.5973
BPBP45.04▲0.533.90
 
47.8362
EniE38.39▲0.630.13
 
40.1572
EquinorEQNR26.36▲0.917.67
 
28.0675

UPDATED: DAILY (END-OF-DAY)

SOURCES:
• OIL PRICES REFLECT NEAR MONTH CONTRACT FROM THE NYMEX/CME GROUP
• EQUITY PRICES PROVIDED BY NYSE & TMX GROUP
• CHARTPACKS COURTESY STOCKCHARTS.COM

NOTES:
• OIL PRICES, FUTURES AND DIFFERENTIALS IN USD/BBL
• C5+ = EDMONTON CONDENSATE
• FUTURES CURVES SHOW PRICES FOR NEAR-MONTH CONTRACT (C1) AND NEXT 5-MONTHS (C2-C6)
• TSX SHARE PRICES IN CAD; S&P 500 PRICES IN USD
• ADR: AMERICAN DEPOSITORY RECEIPTS LISTED ON NYSE IN USD
• SHARE PRICE CHANGES (INCL. NEW HIGHS & LOWS) EXCLUDE DIVIDENDS

RANK:
• BASED ON STOCKCHARTS TECHNICAL RANK (SCTR)
• REFLECTS RELATIVE STRENGTH AMONG OTHER ENERGY STOCKS (PERCENTILE RANKING)
• RISING RANK (↑) REFLECTS INCREASING RELATIVE STRENGTH
• FALLING RANK (↓) REFLECTS DECREASING RELATIVE STRENGTH.
The Daily Wrap

The Daily Wrap

The Daily Wrap

The Daily Wrap

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