Energy company stocks rose Monday while oil prices slipped

Chesapeake Energy wasn’t the only energy company to see a big jump in the value of its stock in Monday’s trading.

While shares in the Oklahoma City oil and gas company shot up 182% or $45.12 a share to settle at $69.92, stocks in SandRidge Energy, another financially ailing Oklahoma City energy firm jumped 19%.

SandRidge shares rose 35 cents to finish the day at $2.15. Marathon Oil stock rose 15% or $1.11 a share before ending the day’s session at $8.43.

Devon Energy was up 8% or $1.16 a share and ended the day at $15.76. ConocoPhillips rose 3.5% or $1.72 to end Monday’s session at $50.31 a share.

EOG Resources went up $2.80 a share or 4.7% before finishing at $62.11. ONEOK was up 6% or $2.69 a share and ended the trading session at $48.04.

Phillips 66 saw its shares go up $2.33 or 2.66% to finish Monday at $89.73. American Electric Power was up 2.80% or $2.40 a share and ended the day at $87.91.

Oil prices in the U.S. and overseas dipped Monday. West Texas Intermediate crude futures dropped $1.36 or 3.44% before finishing the day at $38.19 a barrel in trading on the New York Mercantile Exchange.

Brent ICE futures fell $1.45 or 3.4% and ended the day at $49.85 a barrel.

Natural gas prices were down one cent at $1.79 per MMBtu.