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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange

BHP - BHP BILLITON - up four cents to $27.42

BHP Billiton has raised the amount it plans to spend under its US bond buyback plan to $US2.94 billion, from $US2.5 billion earlier, following strong participation in the Euro tender offers.

CIM - CIMIC GROUP - down 37 cents, or 0.9 per cent, to $41.68

CIMIC Group's mining unit has won a three year extension to its contract at a coal mine in Indonesia's East Kalimantan.

STO - SANTOS LTD - unchanged at $3.76

OSH - OIL SEARCH LTD- up 4 cents, or 0.6 per cent, to $6.75

WPL - WOODSIDE PETROLEUM - up 13 cents, or 0.5 per cent, to $28.96

Petrol futures surged more than 13 per cent in the US, and crude oil settled nearly three per cent higher on Thursday as traders struggled to determine the impact of Hurricane Harvey on crude oil demand.

TLS - TELSTRA CORP - unchanged at $3.67

Telstra boss Andrew Penn will take home $5.2 million this year, almost $1.6 million less than he did a year ago as the telco's plunging share price weighs on his share entitlements.