Oil Price Rise Carrying Energy Stocks Higher
September 04 2019 - 2:31PM
Dow Jones News
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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