Crude oil hits $71 before falling in Monday’s trading

After global crude oil prices surged above $71 a barrel on Monday’s trading following the Sunday attacks against Saudi Arabia oil facilities, they settled lower with a $1.12 loss to just above the $68 mark.

Global benchmark Brent crude for May delivery eventually fell to $68.24 a barrel.

West Texas Intermediate crude for April delivery fell $1.04 to $65.05 a barrel.

Prices are still at their highest levels in more than a year after OPEC+ decided against increasing output.

April natural gas fell 4 cents to $2.66 per 1,000 cubic feet.

SandRidge Energy was the biggest winner of the day in Oklahoma stocks as it gained 8.71% on a 35 cent increase to $4.37.

The two firms with the biggest losses were Ovintiv Inc which suffered a loss of $1.19 or 4.28% to $26.63 and Devon Energy where the loss was 4.06% on a $1.04 drop to $24.57.
Alliance Resource Partners, L.P. was unchanged at $5.78 for the day.
Blueknight Energy Partners increased 10 cents for a 4.17% gain to $2.50.
Chesapeake Energy fell 66 cents for a 1.47% loss to $44.37.
Cimarex Energy Co closed up 92 cents for a 1.37% gain to $68.14.
Cypress Environmental Partners LP finished at $3.08 following a 6 cent increase and a 1.99% gain.
Enable Midstream Partners LP fell 3 cents for a loss of 0.43% to $6.88.
Gulfport Energy Corporation lost 3.25% to close at $0.077 cents.
Helmerich & Payne had a 2.31% gain on a 75 cent increase to $33.19.
LSB Industries finished with a four cent increase and a gain of 2.31% to $33.19.
Laredo Petroleum Inc gained 1.40% on a 48 cent jump to $34.72.
Magellan Midstream Partners, L.P. closed up 12 cents at $45 for slight gain of 0.27%.
Mammoth Energy Services lost 1.29% on a 7 cent tumble to $5.74.
Matrix Service Co gained 3.85% when shares increased 56 cents to $14.96.
NGL Energy Partners LP slipped ten cents to $2.55 for a loss of 3.77%.
OGE Energy Corp had a slightly more than 1% gain on a 33 cent increase to $32.07.
ONE Gas Inc gained 2% on a $1.47 hike to $75.02.
ONEOK Inc. fell 3 cents for a 0.061% loss to $49.54.
PHX Minerals Inc. dropped 5 cents for a 1.52% loss to $3.24.
Williams Companies Inc lost about half a point on a 14 cent slide to $24.12.

Other stocks had the same kind of day according to the Texas Energy Report.

Chevron (CVX) up 0.76 at 109.75 – change 0.70%

ConocoPhillips (COP) up 0.46 at 58.78 – change 0.79%

Diamondback Energy (FANG) down 1.10 at 84.17 – change 1.29%

Energy Transfer LP (ET) down 0.05 at 8.10 – change 0.61%

Enterprise Products Partners (EPD) down 0.10 at 23.07 – change 0.41%

EOG Resources (EOG) down 0.03 at 74.59 – change 0.04%

ExxonMobil (XOM) down 0.05 at 60.87 – change 0.08%

Kinder Morgan (KMI) up 0.35 at 16.22 – change 2.21%

Marathon Oil Corp. (MRO) down 0.60 at 12.38 – change 4.66%

National Oilwell Varco (NOV) down 0.26 at 17.03 – change 1.50%

Occidental Petroleum (OXY) down 1.46 at 29.77 – change 4.67%

Phillips 66 (PSX) up 1.09 at 88.47 – change 1.25%

Pioneer Natural Resources (PXD) down 1.49 at 162.09 – change 0.91%

Valero (VLO) up 1.51 at 80.56 – change 1.91%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.60 at 80.49 – change 2.02%

CenterPoint (CNP) up 0.14 at 20.81 – change 0.68%

Entergy (ETR) up 1.03 at 90.16 – change 1.16%