The Daily Wrap

The Daily Wrap

Summary of today's energy market action:
  • Oil prices mostly gave back yesterday's gains, with WTI falling 0.7% on news that China has begun to curtail crude imports from the US due to ongoing trade wars.
  • The Canadian heavy oil discount to WTI hit US$30.46/bbl, barely topping the February low of US$30.45. Western Canadian Select (WCS) declined 2% today, ending the week at US$38/bbl and now back to the lows of last March.
  • The TSX energy sector declined for the third day in a row, falling 0.4%, mostly on big losses among E&Ps. Among the larger cap names, Encana (ECA -3.7%) led to the downside.
  • Fuel distributor Parkland (PKI +7.8%) had a spectacular day on the release of better-than-expected second quarter earnings. Pembina Pipeline (PPL +1.5%) also broke to new highs on Q2 earnings.
  • The S&P 500 energy sector averaged a 0.5% loss for the day, also led lower by E&P stocks.
OIL PRICES - DAILY % CHANGE
WTI DIFFERENTIALS
STREAM CLOSE %CHG L 52WK H
BRENT$73.21▼0.348.60
 
79.80
WTI$68.49▼0.745.96
 
74.15
CDN LT$62.98▼1.443.56
 
69.32
C5+$67.30▼0.846.44
 
71.40
WCS$38.03▼2.030.41
 
56.21
CRUDE OIL FUTURES CURVES
BRENT
WTI
█ AUG 3   █ JUL 27   █ JUL 20   █ JUL 13   (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
TSX BULLISH INDICATORS
TOP 5 GAINERS
  • Pembina Pipeline (PPL +1.5%)
  • Parkland Fuel (PKI +7.8%)
  • Altagas (ALA +2.1%)
  • Raging River (RRX +1.4%)
  • Seven Generations (VII +2%)
  • 12-MO HIGHS
  • Pembina Pipeline (PPL +1.5%)
  • 10-YR HIGHS
  • Parkland Fuel (PKI +7.8%)
  • GOLDEN CROSSES
  • None
  • TSX BEARISH INDICATORS
    TOP 5 LOSERS
  • Encana (ECA -3.7%)
  • Advantage Oil & Gas (AAV -4.5%)
  • Crew Energy (CR -4.9%)
  • Kelt Exploration (KEL -1.7%)
  • MEG Energy (MEG -4.6%)
  • 12-MO LOWS
  • CES Energy Solutions (CEU -0.7%)
  • 10-YR LOWS
  • None
  • DEATH CROSSES
  • None
  • COMPANY TICKER CLOSE %CHG L 52WK H RANK 
    INTEGRATED
    SuncorSU53.72▲0.238.34
     
    55.4792
    Imperial OilIMO43.06▲0.133.43
     
    44.9185
    Husky EnergyHSE21.76▼-0.814.10
     
    22.1595↓
    MIDSTREAM
    EnbridgeENB46.53▲0.737.36
     
    53.0079
    TransCanadaTRP58.75▼-0.350.28
     
    65.1878
    Pembina PipelinePPL47.52▲1.537.60
     
    47.5991
    Inter PipelineIPL24.72▲0.021.36
     
    27.9274
    Keyera KEY37.96▲1.231.20
     
    39.4488
    Enbridge Income FundENF32.73▲1.126.36
     
    33.0593
    Gibson EnergyGEI18.71▲1.015.68
     
    19.3891
    LARGE CAP E&P
    Canadian NaturalCNQ46.27▼-0.436.88
     
    49.0879
    Cenovus EnergyCVE13.15▲0.39.03
     
    14.8482
    EncanaECA17.82▼-3.711.05
     
    18.5494
    PrairieSkyPSK24.04▲0.123.51
     
    35.908
    TourmalineTOU24.66▼-1.217.78
     
    27.2689
    SERVICES
    ShawcorSCL26.40▲1.223.60
     
    30.1050
    Mullen Group MTL16.16▲0.814.10
     
    17.6281
    CES Energy SolutionsCEU4.35▼-0.74.33
     
    7.344
    Pason SystemsPSI20.00▲0.416.05
     
    21.9676
    EnerflexEFX14.93▲1.213.55
     
    19.0858
    REFINING & MARKETING
    Parkland FuelPKI37.93▲7.823.41
     
    38.6297
    S&P 500 ENERGY STOCKS
    SPX BULLISH INDICATORS
    TOP 5 GAINERS
  • Apache (APA +1.7%)
  • Chesapeake (CHK +1.1%)
  • Cabot Oil & Gas (COG +1.6%)
  • EQT Corp (EQT +1.7%)
  • Range Resources (RRC +2%)
  • 12-MO HIGHS
  • None
  • 10-YR HIGHS
  • None
  • GOLDEN CROSSES
  • None
  • SPX BEARISH INDICATORS
    TOP 5 LOSERS
  • EOG Resources (EOG -2.8%)
  • Pioneer Natural Res (PXD -2.4%)
  • Concho Resources (CXO -6%)
  • Noble Energy (NBL -8.2%)
  • Cimarex Energy (XEC -2.2%)
  • 12-MO LOWS
  • None
  • 10-YR LOWS
  • None
  • DEATH CROSSES
  • None
  • COMPANY TICKER CLOSE %CHG L 52WK H RANK 
    INTEGRATED
    Exxon MobilXOM80.20▲0.472.16
     
    89.3032
    ChevronCVX124.05▲0.2105.30
     
    133.8852
    MIDSTREAM
    Kinder MorganKMI17.62▼-0.314.69
     
    20.3447
    Williams CoWMB31.14▲0.524.00
     
    33.6787↑
    ONEOKOKE67.51▼-1.549.65
     
    71.9974
    LARGE CAP E&P
    ConocoPhillipsCOP71.29▼-0.442.27
     
    72.9492
    EOG ResourcesEOG122.41▼-2.881.99
     
    131.6058
    Occidental PetroleumOXY82.29▲0.158.44
     
    87.6771
    Anadarko PetroleumAPC68.26▼-2.039.96
     
    76.7062
    Pioneer Natural ResPXD184.11▼-2.4125.46
     
    213.4042
    SERVICES
    SchlumbergerSLB65.89▼-0.161.02
     
    80.3517
    HalliburtonHAL42.05▲0.438.18
     
    57.865
    Baker HughesBHGE33.88▼-0.225.53
     
    38.1058↓
    TechnipFMCFTI31.21▼-1.424.53
     
    35.0032↓
    National-Oilwell VarcoNOV47.03▼-0.729.90
     
    49.0897
    REFINERS
    Phillips 66PSX121.66▼-0.380.73
     
    123.9295
    Valero EnergyVLO115.38▲0.164.22
     
    126.9894
    Marathon PetroleumMPC79.09▼-0.849.30
     
    83.3391↓
    AndeavorANDV147.18▼-0.989.58
     
    152.9799
    NYSE ADRs
    COMPANY TICKER CLOSE %CHG L 52WK H RANK 
    Royal Dutch ShellRDS.A66.32▲0.354.27
     
    73.8633
    TotalTOT63.62▼-0.249.75
     
    65.6981
    BPBP43.97▲0.533.90
     
    47.8350
    EniE37.64▼-0.330.13
     
    40.1556
    EquinorEQNR26.15▲0.118.10
     
    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

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