The Daily Wrap

The Daily Wrap

Summary of today's energy market action:
  • Oil prices powered higher today, despite big gains in the US dollar.
  • The WTI discount jumped above US$30/bbl, for the first time since early February.
  • The TSX energy sector averaged a 0.5% loss, led lower by heavy-weights Imperial Oil (IMO -1.7%), Suncor (SU -1.2%) and Cdn Natural Resources (CNQ -2.0%).
  • The midstream sub-sector had a good day, led higher by TransCanada (TRP +1.0%), who reported good earnings today, and Enbridge (ENB +0.7%), ahead of Q2 results on Friday.
  • The US energy sector also averaged a 0.5% loss for the day, led lower by high-flying refining stocks. As in Canada, midstream players mostly ended the day in the positive, with Williams Co (WMB +3.0%) leading on the upside. Hollyfrontier (HFC -6.6%) suffered a pullback today on disappointing Q2 results.
OIL PRICES - DAILY % CHANGE
WTI DIFFERENTIALS
STREAM CLOSE %CHG L 52WK H
BRENT$73.45▲1.548.06
 
79.80
WTI$68.96▲1.945.77
 
74.15
CDN LT$63.86▲3.243.56
 
69.32
C5+$67.88▲2.445.62
 
71.40
WCS$38.78▲1.930.41
 
56.21
CRUDE OIL FUTURES CURVES
BRENT
WTI
█ AUG 2   █ JUL 26   █ JUL 19   █ JUL 12   (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
SuncorSU53.63▼-1.238.34
 
55.4791
Imperial OilIMO43.01▼-1.733.43
 
44.9184
Husky EnergyHSE21.93▼-0.714.10
 
22.1596
MIDSTREAM
EnbridgeENB46.19▲0.737.36
 
53.0080
TransCanadaTRP58.95▲1.050.28
 
65.1882↑
Pembina PipelinePPL46.80▲0.437.60
 
47.0290
Inter PipelineIPL24.71▼-0.321.36
 
27.9275
Keyera KEY37.51▼-0.131.20
 
39.4485
Enbridge Income FundENF32.380.026.36
 
33.0592
Gibson EnergyGEI18.52▲0.415.68
 
19.3890
LARGE CAP E&P
Canadian NaturalCNQ46.46▼-2.036.88
 
49.0881
Cenovus EnergyCVE13.11▲0.69.03
 
14.8481
EncanaECA18.50▲1.711.05
 
18.5496↑
PrairieSkyPSK24.02▼-0.823.51
 
35.908
TourmalineTOU24.97▼-2.317.78
 
27.5692
SERVICES
ShawcorSCL26.08▼-0.223.60
 
30.1037
Mullen Group MTL16.04▼-2.014.10
 
17.6284
CES Energy SolutionsCEU4.38▼-0.54.33
 
7.344
Pason SystemsPSI19.93▼-1.616.05
 
21.9673
EnerflexEFX14.75▼-0.913.55
 
19.0853
REFINING & MARKETING
Parkland FuelPKI35.19▲1.123.41
 
35.9295
S&P 500 ENERGY STOCKS
COMPANY TICKER CLOSE %CHG L 52WK H RANK 
INTEGRATED
Exxon MobilXOM79.91▼-0.672.16
 
89.3029
ChevronCVX123.76▼-1.3105.30
 
133.8851
MIDSTREAM
Kinder MorganKMI17.68▲0.914.69
 
20.3553
Williams CoWMB30.98▲3.024.00
 
33.6785↑
ONEOKOKE68.50▲0.649.65
 
71.9980
LARGE CAP E&P
ConocoPhillipsCOP71.56▼-0.442.27
 
72.9493
EOG ResourcesEOG125.93▲0.381.99
 
131.6079
Occidental PetroleumOXY82.24▼-0.558.44
 
87.6772
Anadarko PetroleumAPC69.67▲0.139.96
 
76.7076
Pioneer Natural ResPXD188.58▲0.5125.46
 
213.4058
SERVICES
SchlumbergerSLB65.94▼-1.161.02
 
80.3520
HalliburtonHAL41.91▼-0.438.18
 
57.865
Baker HughesBHGE33.94▼-1.025.53
 
38.1060↓
TechnipFMCFTI31.66▼-1.924.53
 
35.0042
National-Oilwell VarcoNOV47.38▼-0.129.90
 
49.0898
REFINERS
Phillips 66PSX122.05▼-0.880.73
 
123.9296
Valero EnergyVLO115.33▼-1.264.22
 
126.9893
Marathon PetroleumMPC79.73▼-1.349.30
 
83.3393
AndeavorANDV148.45▼-0.989.58
 
152.9799
NYSE ADRs
COMPANY TICKER CLOSE %CHG L 52WK H RANK 
Royal Dutch ShellRDS.A66.14▼-2.054.27
 
73.8633
TotalTOT63.80▼-1.249.75
 
65.6979
BPBP43.77▼-1.733.90
 
47.8350
EniE37.77▼-1.530.13
 
40.1562
EquinorEQNR26.11▼-1.018.10
 
28.0677

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

0