OK energy stocks and crude oil prices made major gains on Monday

Oil Boom 2021: Is The Oil Price Pump Primed For A Big Jump?

 

Not only did oil prices jump more than $4 a barrel in Monday’s trading, but Oklahoma energy stocks had as strong a day with some firms seeing 9% gains.

Prices soared as OPEC+ considered a reduction of crude oil output by more than a million barrels a day. OPEC+ wants to make the biggest cut in production since the COVID-19 pandemic.

West Texas Intermediate crude for November delivery shot up nearly 5% on a $4.14 a barrel increase to settle at $83.63 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude for December delivery climbed more than 4% on a $3.72 gain to $88.86 a barrel in trading on ICE Futures Europe.

November natural gas fell more than 3% or 30 cents to $6.47 per 1,000 cubic feet.

Monday’s trading of Oklahoma energy stocks gave a shot in the arm to a number of firms including 9% gains for Devon Energy and Ovintiv. Laredo Petroleum scored an 8% gain for the day

 

Alliance Resource Partners, L.P.
23.62 USD+0.72 (3.14%)
Chesapeake Energy Ord Shs
98.93 USD+4.72 (5.01%)
Continental Resources, Inc.
68.28 USD+1.47 (2.20%)
Coterra Energy Inc
27.36 USD+1.21 (4.63%)
Devon Energy Corp
65.33 USD+5.20 (8.65%)
Empire Petroleum Corporation
13.40 USD+0.25 (1.90%)
Gulfport Energy Corp
93.23 USD+4.94 (5.60%)
Helmerich & Payne, Inc.
38.88 USD+1.91 (5.17%)
LSB Industries, Inc.
15.23 USD+1.00 (7.03%)
Laredo Petroleum Inc
67.71 USD+4.86 (7.73%)
Magellan Midstream Partners, L.P.
47.70 USD+0.19 (0.40%)
Mammoth Energy Services Inc
3.64 USD+0.23 (6.74%)
Matrix Service Co
4.22 USD+0.080 (1.93%)
NGL Energy Partners LP
1.28 USD−0.035 (2.66%)
OGE Energy Corp.
37.38 USD+0.92 (2.52%)
ONE Gas Inc
72.76 USD+2.37 (3.37%)
ONEOK, Inc.
53.55 USD+2.31 (4.51%)
Ovintiv Inc
50.24 USD+4.29 (9.34%)
PHX Minerals Inc
3.38 USD+0.14 (4.32%)
SandRidge Energy Inc.
17.37 USD+1.06 (6.50%)
Unit Corp
54.86 USD+1.59 (2.98%)
Williams Companies Inc
29.43 USD+0.80 (2.79%)
OPEC+ to consider oil cut of over than 1 million barrels per day | Reuters
Other energy stocks also recorded one of the most impressive days of trading in some time including Marathon Oil with a nearly 11% gain for the day according to the Texas Energy Report.

Apache (APA) up 3.11 at 37.29 – change 9.09%

Cheniere (LNG) up 1.46 at 167.37 – change 0.87%

Chevron (CVX) up 7.97 at 151.63 – change 5.54%

ConocoPhillips (COP) up 7.64 at 109.98 – change 7.46%

Diamondback Energy (FANG) up 9.06 at 129.52 – change 7.52%

Energy Transfer LP (ET) up 0.28 at 11.31 – change 2.58%

Enterprise Products Partners (EPD) up 0.39 at 24.17 – change 1.66%

EOG Resources (EOG) up 8.16 at 119.89 – change 7.30%

ExxonMobil (XOM) up 4.61 at 91.92 – change 5.28%

Kinder Morgan (KMI) up 0.45 at 17.09 – change 2.73%

Marathon Oil Corp. (MRO) up 2.38 at 24.98 – change 10.54%

National Oilwell Varco (NOV) up 0.96 at 17.14 – change 5.96%

Occidental Petroleum (OXY) up 2.59 at 64.04 – change 4.21%

Phillips 66 (PSX) up 3.84 at 84.56 – change 4.75%

Pioneer Natural Resources (PXD) up 14.91 at 231.44 – change 6.88%

Tellurian Inc. (TELL) up 0.21 at 2.60 – change 8.99%

Valero (VLO) up 5.43 at 112.28 – change 5.08%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.78 at 88.23 – change 2.05%

CenterPoint (CNP) up 0.65 at 28.83 – change 2.32%

Entergy (ETR) up 3.31 at 103.94 – change 3.28%

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