Texas Energy Report Closing Top Texas Energy Stocks
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Japanese energy company Eneos Holdings Inc. acquired TPC Group in a deal valuing the chemical firm at $1.28 billion including debt, according to documents reviewed by Bloomberg News — the agreement, announced Friday without pricing details, will give the Japanese oil refiner ownership of TPC’s petrochemical operations in Houston as well as terminal operations in Port Neches, Texas, and Lake Charles, Louisiana. TPC engaged with multiple interested parties, according to the documents, which were signed by TPC leadership — Bloomberg*
On the same day that Gov. Greg Abbott confirmed Elon Musk’s sprawling Terafab project will be built in Grimes County, another Musk company filed for tax breaks for a potential $10.1 billion solar cell manufacturing plant in Fort Bend County, southwest of Houston — Austin-based Tesla Inc. filed the Aug. 6 application through the Jobs, Energy, Technology and Innovation Act program for school district property tax abatements — the manufacturer is targeting a site in Lamar Consolidated Independent School District — KHOU
The total number of active drilling rigs for oil and gas in the United States stayed the same overall this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588 — the number of active drilling rigs in the Permian Basin rose by 3 in the reporting period, hitting 263, 7 rigs above year-ago levels — Oil Price
U.S. startups are finally delivering something researchers have been working on for decades: a battery in which rare, hard-to-get elements are replaced with the same stuff found in ordinary table salt — this tech has the potential to help every country on earth break its dependence on China for batteries, and the critical minerals that go into them — The Wall Street Journal*
Closing Top Texas Energy Stocks – August 7, 2026
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WTI up 0.89 at $78.18 – change 1.15%
Brent down 0.25 at $82.24 – change 0.30%
Natural gas up 0.02 at $2.66 – change 0.83%
RBOB Gasoline up 4.68 at $298.53 – change 1.59%
CLOSING OIL & GAS STOCKS
APA Corp. (Apache) (APA) up 1.10 at 37.63 – change 3.01%
Cheniere (LNG) down 9.64 at 256.14 – change 3.63%
Chevron (CVX) down 2.67 at 186.56 – change 1.42%
ConocoPhillips (COP) up 0.85 at 117.61 – change 0.72%
Devon (DVN) down 0.13 at 42.98 – change 0.31%
Diamondback Energy (FANG) down 1.59 at 188.04 – change 0.84%
Energy Transfer LP (ET) down 0.20 at 20.13 – change 0.99%
Enterprise Products Partners (EPD) down 0.30 at 37.75 – change 0.79%
EOG Resources (EOG) down 1.46 at 134.74 – change 1.08%
Exxon Mobil Holdings (XOM) down 1.80 at 153.04 – change 1.17%
Kinder Morgan (KMI) down 0.43 at 30.85 – change 1.38%
NOV Inc. (NOV) down 0.25 at 19.64 – change 1.26%
Occidental Petroleum (OXY) down 0.13 at 55.91 – change 0.24%
Phillips 66 (PSX) down 1.61 at 203.91 – change 0.79%
Valero (VLO) down 4.68 at 298.31 – change 1.55%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.47 at 125.73 – change 0.37%
CenterPoint (CNP) up 0.01 at 40.68 – change 0.02%
Entergy (ETR) up 0.69 at 107.18 – change 0.64%
Exelon Corp. (EXC) up 0.28 at 45.61 – change 0.63%
NRG (NRG) down 0.92 at 118.13 – change 0.78%
Vistra Energy (VST) down 0.79 at 140.59 – change 0.56%