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Stock impact report

Why These Oil Stocks Are Rebounding Today [The Motley Fool]

Kosmos Energy Ltd. Common Shares (DE) (KOS) 
Last kosmos energy ltd. common shares (de) earnings: 2/24 02:00 am Check Earnings Report
Company Research Source: The Motley Fool
What happenedOil prices continue their slow march back up after cratering to below $ per barrel, and even flirting with negative oil prices for a day. Today, the June 00 contract for West Texas Intermediate rose to $ as of :0 p.m. EDT.That rise in U.S. domestic oil prices is bringing oil and gas companies with it. Even though the price of oil is up % today, shares of midstream companyEnLink Midstream(NYSE:ENLCKosmos EnergyNYSE:KOSCrescent Point EnergyNYSE:CPGHelix Energy SolutionsNYSE:HLXNexTier Oilfield SolutionsNYSE:NEXImage source: Getty Images.So whatThis eclectic group of oil and gas stocks are all more or less connected by one thing: Their stock prices have fallen intopenny stock territoryCrude oil is up today after the U.S. Energy Information Administration (EIA) reported a decline in crude oil inventories at Cushing, Oklahoma. Cushing is the largest crude oil storage hub in the U.S. and tends to be a gauge of overall oil and gas in storage. One of the biggest concerns in recen Show less Read more
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