The All Ordinaries Index (ASX: XAO) has recorded a day in the green today, finishing the trading day up 0.28%. at 7,406.3 points. A small gain, but a gain nonetheless. But ASX energy shares, on the whole, have fared far better.
Thanks to rapidly rising energy prices, most ASX energy shares enjoyed extremely pleasing gains over the course of the trading day. So let’s check out three such shares that managed to hit new 52-week highs this Wednesday.
3 ASX energy shares that hit a new 52-week high today
Karoon Energy Ltd (ASX: KAR)
Karoon Energy was one company that enjoyed some robust gains on the markets today. Karoon shares opened at $2.19 apiece this morning, and finished the trading day at $2.17 each. However, the company hit a new 52-week high of $2.21 a share during intraday trading. Even after coming down slightly from that high by the end of the session, Karoon shares remain up almost 90% over the past 12 months.
New Hope Corporation Limited (ASX: NHC)
Coal miner New Hope is another ASX energy share that is enjoying some love today. New Hope shares opened at $2.77 this morning before rising as high as $2.83, the company’s new 52-week high. Again, the company has dipped by close. But even so, this miner was still up just over 5.2%. New Hope also remains a long way from its 52-week low of $1.13 a share. Over the past 12 months, this company has given investors a return of 130%.
Woodside Petroleum Limited (ASX: WPL)
Woodside is our final and largest ASX energy share to check out today. This black gold digger opened at $29.68 a share this morning. But after a few gyrations, Woodside ended up setting a new 52-week high at its closing share price of $30.44. Over the past 12 months, this oil share has given investors a healthy return of more than 23%.
The post Black gold! 3 ASX energy shares pumping new 52-week highs today appeared first on The Motley Fool Australia.
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More reading
- Woodside (ASX:WPL) shares are up 6% today. Here’s the lowdown
- ASX 200 (ASX:XJO) midday update: Rio Tinto, South32 storm higher, PointsBet sinks
- Own Woodside (ASX:WPL) shares? Here’s the latest on the energy giant’s major court win
- 5 things to watch on the ASX 200 on Wednesday
- 3 ASX energy shares smashing 52-week highs today
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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