Friday proved a down day for Oklahoma and other energy stocks

Operators and investors of Oklahoma energy stocks have to be wondering what the week will bring…more Biden moves against the industry? What can bring their stocks back into positive territory after Friday’s down day.

Oil futures in the U.S. settled lower as well and reportedly because of concerns about energy demand. West Texas Intermediate crude for March delivery lost 14 cents or 0.3% and settled at $52.20 in trading on the New York Mercantile Exchange. Despite the loss, WTI prices for the month of January still ended with a more than 7% increase.

Global benchmark Brent crude had a 0.63% gain after stocks rose 35 cents and closed at $55.88 in trading on ICE Futures Europe.

Oklahoma stocks followed in WTI’s shadow with loss after loss after loss. One of the biggest losses for the day was Cypress Environmental Partners LP which dropped 13.50% when shares fell 44 cents to $2.82.

Here’s how they did:

 Alliance Resource Partners, L.P. lost 7 cents for a 1.37% fall to $5.03.
 Blueknight Energy Partners LP dropped 8 cents for a nearly 4% loss to $2.01.
Chesapeake Energy Corporation lost 8 cents or about 2% and slid to $4.72.
Cimarex Energy Co dropped $1.69 for a 4% loss to $42.18.
Continental Resources, Inc. lost more than 5% with a $1.09 slide to $19.69.
Devon Energy Corp dropped 74 cents for a 4.30% loss to $16.46.
Enable Midstream Partners LP fell 14 cents for a 2.56% loss to $5.32.
Gulfport Energy Corporation fell 3.24% to 8 cents a share.
Helmerich & Payne, Inc. lost 38 cents or 1.54% to settle at $24.28 on Friday.
LSB Industries, Inc. dropped 13 cents for a nearly 4% loss to $3.27.
Laredo Petroleum Inc lost 77 cents or 3.20% to finish the day at $23.27.
Magellan Midstream Partners, L.P. fell 1.35% on a 61 cent drop to $44.46.
Mammoth Energy Services Inc lost 3% when stocks dropped 12 cents to $3.93.
Matrix Service Co los5 72 cents for a 5.76% drop to $11.79.
NGL Energy Partners LP saw a one cent gain to $2.74.
OGE Energy Corp. lost 44 cents or 1.42% to $30.52.
ONE Gas Inc finished up 8 cents for a slight gain to $73.13.
ONEOK, Inc. lost $1.34 for a 3.27% slide to $39.83.
Ovintiv Inc finished down 72 cents for a 4.37% loss to $15.76.
PHX Minerals Inc dropped 19 cents amounting to a loss of 6.46% at $2.75 per share.
SandRidge Energy Inc. suffered a 3.65% loss when shares fell 16 cents to settle at $4.22.
Williams Companies Inc closed down 23 cents for a 1.07% loss to $21.23.
How did other energy stocks do? Not so well according to the Texas Energy Report.

Chevron (CVX) down 3.82 at 85.20 – change 4.30%

ConocoPhillips (COP) down 1.08 at 40.03 – change 2.63%

Diamondback Energy (FANG) down 3.62 at 56.69 – change 6.01%

Energy Transfer LP (ET) down 0.15 at 6.27 – change 2.19%

Enterprise Products Partners (EPD) down 0.29 at 20.23 – change 1.42%

EOG Resources (EOG) down 2.76 at 50.96 – change 5.14%

ExxonMobil (XOM) down 1.22 at 44.84 – change 2.65%

Kinder Morgan (KMI) down 0.35 at 14.08 – change 2.41%

Marathon Oil Corp. (MRO) down 0.32 at 7.24 – change 4.24%

National Oilwell Varco (NOV) down 0.24 at 12.38 – change 1.91%

Occidental Petroleum (OXY) down 0.89 at 20.05 – change 4.25%

Phillips 66 (PSX) down 3.65 at 67.80 – change 5.11%

Pioneer Natural Resources (PXD) down 1.70 at 120.90 – change 1.39%

Valero (VLO) down 1.90 at 56.43 – change 3.26%


CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.35 at 80.91 – change 0.43%

CenterPoint (CNP) down 0.49 at 21.09 – change 2.28%

Entergy (ETR) down 0.54 at 95.33 – change 0.57%