Energy stocks slide after Monday’s big day

A day after energy stocks soared and at least one Oklahoma company saw a 26% jump in the value of its shares, things settled down on Tuesday’s trading.

Oil futures went up while many energy stocks made weak gains. West Texas Intermediate crude for December contracts gained 69 cents or 1.67% to settle at $42.05.

Benchmark Brent crude finished up $1.21 or 2.85% at $43.61 on ICE Futures Europe.

Oklahoma City-based SandRidge Energy had one of the highest increases as its shares jumped nearly 13% with a 30 cent climb to $2.70 per share.

Alliance Resource Partners, L.P. slipped one cent to $3.49. Blueknight Energy Partners LP Common Stock fell 2 cents for a decline of 1.32% to $1.49. Chesapeake Energy Corporation dropped more than 2% with a 7 cent fall to $3.39.

Continental Resources, Inc. rose 23 cents for a gain of 1.61% to $14.48. Cypress Environmental Partners LP had a 15 cent increase or nearly 8% gain to reach $2.10. Devon Energy Corp. gained 4% or 43 cents and settled at $11.76.
Enable Midstream Partners LP gained 30 cents or 6.26% and finished the day at $5.01. Helmerich & Payne, Inc. fell 12 cents or about 1% to $17.40. LSB Industries, Inc. finished up 3 cents for a 1.46% gain to $2.08.
Laredo Petroleum Inc. jumped 57 cents for a gain of 5.02% and finished at $11.93 per share. Magellan Midstream Partners, L.P. finished up $1.26 or 3.41% at $38.35.Mammoth Energy Services Inc. saw a gain of 5 cents or 2.86% to finish at $1.80.
Matrix Service Co. finished the day at $9.02, up 48 cents or 5.62%. OGE Energy Corp. saw a gain of $1.56 or 4.78% to end the day at $34.22. ONE Gas Inc. settled at $77.57, up $4.07 or 5.54%.
ONEOK, Inc. rose $1.20 for a 3.83% gain to $32.54. Ovintiv Inc. went up 5 cents and finished at $11.26. PHX Minerals Inc. rose 6 cents or 3.61% and settled at $1.72.
WPX Energy gained 15 cents a share or 2.56% and ended the day at $6.02. Williams Companies Inc. gained 3.31% after a 64 cents increase to $19.99.
The Texas Energy Report reviewed other stocks in Tuesday’s trading.

Chevron (CVX) up 3.67 at 83.07 – change 4.62%

Concho Resources (CXO) up 2.97 at 51.50 – change 6.11%

ConocoPhillips (COP) up 2.15 at 35.53 – change 6.44%

Diamondback Energy (FANG) up 1.69 at 5.44 – change 5.30%

Energy Transfer LP (ET) down 0.16 at 5.44 – change 2.86%

Enterprise Products Partners (EPD) up 0.39 at 18.07 – change 2.20%

EOG Resources (EOG) up 1.88 at 42.19 – change 4.66%

ExxonMobil (XOM) up 0.80 at 36.86 – change 2.21%

Kinder Morgan (KMI) up 0.59 at 12.89 – change 4.79%

Marathon Oil Corp. (MRO) down 0.02 at 5.07 – change 0.40%

National Oilwell Varco (NOV) down 0.45 at 11.01 – change 3.93%

Occidental Petroleum (OXY) up 0.15 at 12.38 – change 1.22%

Parsley Energy (PE) up 0.43 at 11.52 – change 3.87%

Phillips 66 (PSX) up 1.11 at 58.14 – change 1.94%

Pioneer Natural Resources (PXD) up 3.38 at 91.75 – change 3.82%

Valero (VLO) down 0.12 at 49.96 – change 0.24%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.53 at 90.79 – change 0.58%