Big gains for crude oil and Oklahoma energy stocks on Friday

Oil prices soar on back of rising demand & need from power generators - The Federal

 

Crude oil prices finished the trading week on Friday with another big gain as U.S. crude settled close to the $84 mark. It also proved to be a healthy trading day for Oklahoma energy stocks.

West Texas Intermediate crude oil for February delivery rose $1.70 or more than 2% to finish at $83.82 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for March delivery went up $1.59 or 1.88% and closed at $86.06 a barrel on ICE Futures Europe.

February natural gas fell 1 cent to $4.26 per 1,000 cubic feet.

Friday proved to be a strong day in trading for Oklahoma energy stocks. Out of the 23 stocks we normally report on, only one experienced a loss. Others had big gains including 7% jumps for Laredo Petroleum and Ovintiv. Helmerich & Payne had a 5% gain while Continental Resources rose 4%.

Alliance Resource Partners, L.P.
14.67 USD+0.26 (1.80%)
Blueknight Energy Partners LP Common Stock
3.49 USD+0.090 (2.65%)
Chesapeake Energy Ord Shs
71.52 USD+1.42 (2.03%)
Continental Resources, Inc.
52.28 USD+1.90 (3.77%)
Coterra Energy Inc
22.20 USD+0.36 (1.65%)
Cypress Environmental Partners LP
1.14 USD+0.0050 (0.44%)
Devon Energy Corp
50.39 USD+0.75 (1.51%)
Gulfport Energy Corp
76.75 USD+1.32 (1.75%)
Helmerich & Payne, Inc.
30.40 USD+1.52 (5.26%)
LSB Industries, Inc.
10.90 USD+0.030 (0.28%)
Laredo Petroleum Inc
75.12 USD+5.03 (7.18%)
Magellan Midstream Partners, L.P.
49.63 USD+0.85 (1.74%)
Mammoth Energy Services Inc
2.03 USD+0.040 (2.01%)
Matrix Service Co
8.11 USD+0.15 (1.88%)
NGL Energy Partners LP
2.20 USD+0.060 (2.80%)
OGE Energy Corp.
38.00 USD+0.43 (1.14%)
ONE Gas Inc
80.43 USD+1.11 (1.40%)
ONEOK, Inc.
62.61 USD+0.96 (1.56%)
Ovintiv Inc
41.33 USD+2.60 (6.71%)
PHX Minerals Inc
2.61 USD+0.030 (1.16%)
SandRidge Energy Inc.
11.45 USD+0.22 (1.96%)
Units Ord Shs
33.50 USD−0.20 (0.59%)
Williams Companies Inc
29.29 USD+0.36 (1.24%)
Oil prices settle higher, but market wary of Omicron | Reuters
 Just like Oklahoma energy stocks performed well on Friday, so did other energy stocks according to the Texas Energy Report.
Four percent gains were recorded by Apache, ConocoPhillips, Diamondback Energy, Marathon Oil Corp., Occidental Petroleum and Pioneer Natural Resources.
 

Apache (APA) up 1.20 at 33.29 – change 3.73%

Cheniere (LNG) up 0.28 at 113.00 – change 0.25%

Chevron (CVX) up 2.16 at 128.96 – change 1.70%

ConocoPhillips (COP) up 3.12 at 86.74 – change 3.73%

Diamondback Energy (FANG) up 5.13 at 129.21 – change 4.13%

Energy Transfer LP (ET) up 0.15 at 9.59 – change 1.58%

Enterprise Products Partners (EPD) up 0.16 at 23.99 – change 0.67%

EOG Resources (EOG) up 3.63 at 105.63 – change 3.55%

ExxonMobil (XOM) up 1.24 at 71.87 – change 1.75%

Kinder Morgan (KMI) up 0.32 at 17.89 – change 1.82%

Marathon Oil Corp. (MRO) up 0.90 at 19.47 – change 4.84%

National Oilwell Varco (NOV) up 0.31 at 16.52 – change 1.91%

Occidental Petroleum (OXY) up 1.36 at 35.51 – change 3.98%

Phillips 66 (PSX) up 1.80 at 88.58 – change 2.07%

Pioneer Natural Resources (PXD) up 8.40 at 216.70 – change 4.05%

Valero (VLO) up 1.84 at 85.20 – change 2.20%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.12 at 90.98 – change 0.13%

CenterPoint (CNP) up 0.06 at 27.61 – change 0.21%

Entergy (ETR) up 0.43 at 111.07 – change 0.38%

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