Crude oil jumped again as did OK energy stocks

Oil Boom 2022: U.S. Oil Price Tops $90 For First Time Since 2014 [Updated]

Another increase in crude oil prices around the world occurred in Monday’s trading, again on growing optimism that China will see increased demand recovery over signs its coronavirus pandemic is receding in its major cities.

Oklahoma energy stocks reacted positively and some had gains ranging from 5 to 10%.

West Texas Intermediate crude for June delivery, considered the benchmark U.S. price, rose $3.71 or 3.36% and closed at $114.20 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for July delivery went up $2.69 or 2.41% and finished the day at $114.24 a barrel on ICE Futures Europe.

June natural gas rose 30 cents or 3.82% to $7.96 per 1,000 cubic feet.

It proved to be another strong day for Oklahoma energy stocks including Mammoth Energy where there was a nearly 10% gain and a more than 5% increase for Helmerich & Payne.

 

Alliance Resource Partners, L.P.
18.89 USD+0.35 (1.89%)
Blueknight Energy Partners LP Common Stock
4.52 USD+0.020 (0.44%)
Chesapeake Energy Ord Shs
89.03 USD+3.14 (3.66%)
Continental Resources, Inc.
59.47 USD+1.62 (2.80%)
Coterra Energy Inc
30.56 USD+0.78 (2.62%)
Devon Energy Corp
70.99 USD+2.29 (3.33%)
Empire Petroleum Corporation
21.83 USD−0.070 (0.32%)
Gulfport Energy Corp
88.87 USD+2.13 (2.46%)
Helmerich & Payne, Inc.
47.48 USD+2.35 (5.21%)
LSB Industries, Inc.
19.84 USD+0.39 (2.01%)
Laredo Petroleum Inc
60.54 USD+2.15 (3.68%)
Magellan Midstream Partners, L.P.
49.47 USD+0.89 (1.83%)
Mammoth Energy Services Inc
2.01 USD+0.18 (9.84%)
Matrix Service Co
5.01 USD0.00 (0.00%)
NGL Energy Partners LP
1.93 USD−0.020 (1.03%)
OGE Energy Corp.
39.42 USD+0.14 (0.36%)
ONE Gas Inc
85.96 USD+1.06 (1.25%)
ONEOK, Inc.
65.19 USD+0.54 (0.84%)
Ovintiv Inc
44.25 USD−0.90 (1.99%)
PHX Minerals Inc
3.51 USD+0.100 (2.93%)
SandRidge Energy Inc.
19.05 USD+0.71 (3.87%)
Unit Corp
56.75 USD+1.75 (3.18%)
Williams Companies Inc
35.44 USD+0.65 (1.87%)
Beware the algorithms driving up oil prices | Financial Times
The Texas Energy Report showed other other energy stocks also had strong showings on Monday.

Apache (APA) up 1.26 at 41.41 – change 3.06%

Cheniere (LNG) up 1.24 at 136.77 – change 0.91%

Chevron (CVX) up 5.14 at 173.01 – change 3.06%

ConocoPhillips (COP) up 3.05 at 105.50 – change 2.97%

Diamondback Energy (FANG) down 2.13 at 131.30 – change 1.60%

Energy Transfer LP (ET) up 0.28 at 11.34 – change 2.62%

Enterprise Products Partners (EPD) up 0.38 at 26.46 – change 1.45%

EOG Resources (EOG) up 2.08 at 126.36 – change 1.67%

ExxonMobil (XOM) up 2.09 at 90.95 – change 2.35%

Kinder Morgan (KMI) up 0.65 at 19.39 – change 3.46%

Marathon Oil Corp. (MRO) up 0.98 at 27.98 – change 3.62%

National Oilwell Varco (NOV) up 0.69 at 18.35 – change 3.90%

Occidental Petroleum (OXY) up 3.64 at 67.72 – change 5.68%

Phillips 66 (PSX) up 2.48 at 97.08 – change 2.62%

Pioneer Natural Resources (PXD) up 6.89 at 268.77 – change 2.63%

Tellurian Inc. (TELL) up 0.08 at 4.30 – change 1.89%

Valero (VLO) up 3.08 at 127.78 – change 2.46%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.30 at 99.39 – change 0.31%

CenterPoint (CNP) down 0.06 at 30.97 – change 0.20%

Entergy (ETR) up 0.62 at 117.79 – change 0.52%

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