Oil prices take a pause after 5 days of gains

Oil prices take a pause after 5 days of gains

Summary of today's energy market action:
  • Oil prices were roughly unchanged for the day, despite a 0.6% gain in the US dollar.
  • Heavily-weighted integrated names and pipeline stocks helped boost the TSX energy sector, while energy services stocks dragged the sector lower.
  • Baytex Energy (BTE +7.9%) was the biggest gainer on the TSX on an upgrade by Scotiabank due to its recently completed takeover of Raging River Exploration (RRX +7.9%).
  • The SPX energy sector ended the day lower, with losses across most sub-sectors, except for refining stocks, which gained almost 2% for the day.
OIL PRICES - DAILY % CHANGE
WTI DIFFERENTIALS
STREAM CLOSE %CHG L 52WK H
BRENT$74.73▼0.150.27
 
79.80
WTI$67.83▼0.045.96
 
74.15
CDN LT$58.58▼0.143.56
 
69.32
C5+$65.98▲0.247.17
 
71.40
WCS$41.13▲0.030.41
 
56.21
CRUDE OIL FUTURES CURVES
BRENT
WTI
█ AUG 23   █ AUG 16   █ AUG 9   █ AUG 2   (USD/BBL)
ENERGY SECTORS
ENERGY SUB-SECTORS

TSX ENERGY SUB-SECTORS
VERSUS TSX & CDN ENERGY SECTOR

SPX ENERGY SUB-SECTORS
VERSUS SPX & US ENERGY SECTOR
TSX ENERGY STOCKS
TSX BULLISH INDICATORS
TOP 5
  • Baytex Energy (BTE +7.9%)
  • Raging River (RRX +7.9%)
  • Trican Well (TCW +3.4%)
  • Nuvista Energy (NVA +1.5%)
  • Paramount Resources (POU +1.2%)
  • 12-MO HIGHS
  • None
  • 10-YR HIGHS
  • None
  • GOLDEN CROSSES
  • None
  • TSX BEARISH INDICATORS
    BOTTOM
    5
  • Enerflex (EFX -2.5%)
  • Gran Tierra (GTE -1.6%)
  • Crew Energy (CR -1.5%)
  • Parkland Fuel (PKI -1.5%)
  • Enerplus (ERF -1.2%)
  • 12-MO LOWS
  • None
  • 10-YR LOWS
  • None
  • DEATH CROSSES
  • None
  • COMPANY TICKER CLOSE %CHG L 52WK H RANK 
    INTEGRATED
    SuncorSU53.64▲0.638.34
     
    55.4790
    Imperial OilIMO41.34▲0.533.43
     
    44.9177
    Husky EnergyHSE21.46▲0.214.12
     
    22.4393
    MIDSTREAM
    EnbridgeENB47.12▲0.337.36
     
    52.5982
    TransCanadaTRP58.12▲0.550.28
     
    65.1853
    Pembina PipelinePPL45.87▲0.037.60
     
    47.8474
    Inter PipelineIPL24.85▼-0.221.36
     
    27.9277
    Keyera KEY37.90▲1.031.20
     
    39.4485
    Gibson EnergyGEI19.94▼-0.415.68
     
    20.1794
    LARGE CAP E&P
    Cdn Natural ResCNQ45.74▼-0.136.88
     
    49.0876
    Cenovus EnergyCVE12.29▲0.29.03
     
    14.8476
    EncanaECA16.76▼-0.111.05
     
    18.5482
    PrairieSkyPSK24.60▲0.523.13
     
    35.9017
    TourmalineTOU21.71▼-0.917.78
     
    27.2627
    SERVICES
    ShawcorSCL28.53▼-0.323.60
     
    30.1086
    Mullen Group MTL16.44▲0.514.10
     
    17.6283
    CES Energy SolutionsCEU5.00▼-0.24.26
     
    7.3427
    Pason SystemsPSI21.65▼-0.416.05
     
    22.1092
    EnerflexEFX15.90▼-2.513.55
     
    19.0864
    REFINING & MARKETING
    Parkland FuelPKI39.97▼-1.523.41
     
    41.3598
    S&P 500 ENERGY STOCKS
    SPX BULLISH INDICATORS
    TOP 5
  • Valero Energy (VLO +2.1%)
  • HollyFrontier (HFC +2%)
  • Marathon Petroleum (MPC +1.8%)
  • Andeavor (ANDV +1.7%)
  • Phillips 66 (PSX +1.2%)
  • 12-MO HIGHS
  • None
  • 10-YR HIGHS
  • None
  • GOLDEN CROSSES
  • None
  • SPX BEARISH INDICATORS
    BOTTOM
    5
  • Kinder Morgan (KMI -1.6%)
  • ONEOK (OKE -1.5%)
  • Concho Resources (CXO -1.4%)
  • Williams Co (WMB -1.3%)
  • Cimarex Energy (XEC -1.2%)
  • 12-MO LOWS
  • None
  • 10-YR LOWS
  • None
  • DEATH CROSSES
  • None
  • COMPANY TICKER CLOSE %CHG L 52WK H RANK 
    INTEGRATED
    Exxon MobilXOM79.08▼-1.172.16
     
    89.3041
    ChevronCVX118.10▼-0.7106.11
     
    133.8842
    MIDSTREAM
    Kinder MorganKMI17.98▼-1.614.69
     
    19.8563
    Williams CoWMB30.09▼-1.324.00
     
    33.6767
    ONEOKOKE67.22▼-1.549.65
     
    71.9972
    LARGE CAP E&P
    ConocoPhillipsCOP72.05▲0.142.42
     
    73.7691
    EOG ResourcesEOG116.40▼-0.881.99
     
    131.6045
    Occidental PetroleumOXY78.98▼-0.458.69
     
    87.6768
    Anadarko PetroleumAPC63.09▼-0.839.96
     
    76.7033
    Pioneer Natural ResPXD174.86▼-0.7125.46
     
    213.4028
    SERVICES
    SchlumbergerSLB64.65▼-0.761.02
     
    80.3531
    HalliburtonHAL40.83▼-0.938.28
     
    57.8610
    Baker HughesBHGE32.31▼-0.625.53
     
    38.1057
    TechnipFMCFTI30.02▲0.324.53
     
    35.0041↑
    National-Oilwell VarcoNOV44.74▼-1.029.93
     
    49.0887
    REFINERS
    Phillips 66PSX118.37▲1.281.88
     
    123.9792
    Valero EnergyVLO118.06▲2.165.10
     
    126.9895↑
    Marathon PetroleumMPC81.62▲1.849.33
     
    83.3392
    AndeavorANDV152.24▲1.789.58
     
    152.9799
    NYSE ADRs
    COMPANY TICKER CLOSE %CHG L 52WK H RANK 
    Royal Dutch ShellRDS.A64.88▼-0.254.50
     
    73.8644
    TotalTOT62.83▲0.751.17
     
    65.6969↑
    BPBP42.94▼-0.133.90
     
    47.8355
    EniE37.57▼-0.730.95
     
    40.1566
    EquinorEQNR25.73▼-1.118.44
     
    28.0669

    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.
    Oil prices move higher as US oil rig counts take a tumble

    Oil prices move higher as US oil rig counts take a tumble

    Oil prices rise for 5th consecutive day as EIA reports large drawdown in stockpiles

    Oil prices rise for 5th consecutive day as EIA reports large drawdown in stockpiles

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