Oil Price Rise Carrying Energy Stocks Higher

Date : 09/04/2019 @ 7:31PM
Source : Dow Jones News
Stock : Range Resources Corp (RRC)
Quote : 5.245  0.075 (1.45%) @ 8:19PM
Range Resources share price Chart

Oil Price Rise Carrying Energy Stocks Higher

Antero Resources (NYSE:AR)
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1 Month : From Aug 2019 to Sep 2019

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   By Stephen Nakrosis 
 

Rising oil prices are driving the stocks of energy production companies higher on Wednesday.

Benchmark Brent crude rose around 4% on Wednesday, and oil prices on the Nymex are also up more than 4% in Wednesday's market as of 1:47 p.m. ET.

Among the oil and natural gas producers rising the most are Antero Resources Corp. (AR), whose shares are up 10.44% to $3.55; Range Resources Corp. (RRC), up 6.64% at $3.93; EQT Corp. (EQT), trading 5.34% higher at $10.55; and Southwestern Energy Co. (SWN), up 6.7% to $1.74.

QEP Resources Inc. (QEP) shares are up 7.22% to trade at $3.78 and SM Energy Co. (SM) shares have risen 4.79% to trade at $9.51.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 04, 2019 14:16 ET (18:16 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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