Oil futures and energy stocks increased in Friday’s trading

As crude oil futures jumped in Friday’s trading with the benchmark U.S. crude crawling closer to the $60 mark, energy stocks in Oklahoma and elsewhere also got a bump.

West Texas Intermediate crude for March delivery went up $1.23 to $59.47 a barrel in trading on the New York Mercantile Exchange.

The global benchmark, Brent crude for April delivery finished up $1.29 at $62.43 a barrel on ICE Futures Europe.

March natural gas rose 4 cents to $2.91 per 1,000 cubic feet.

Most Oklahoma energy stocks had a positive day in Friday’s trading with Alliance Resource Partners, L.P. finishing with a 38 cent or 6.21% gain to $6.50.

Blueknight Energy Partners LP finished up 9 cents for a 4.25% gain to $2.21.

Cimarex Energy Co had a 3.51% gain as stocks rose $1.76 to $51.85.

Continental Resources, Inc. gained 3.37% as stocks increased 75 cents to $23.02.

Devon Energy Corp closed at $19.98 with a 68 cent or 3.52% gain.

Helmerich & Payne, Inc. gained 3.11% after shares rose 84 cents to $27.85.

LSB Industries, Inc. settled up 35 cents at $4.36 for a 8.73% gain.

Laredo Petroleum Inc closed with a 6.31% gain as shares rose $2.02 to $34.04.

Magellan Midstream Partners, L.P. had a 2.28% gain as shares jumped 93 cents to finish the day at $41.69.

Mammoth Energy Services Inc closed up 11 cents at $4.41 for a gain of 2.56%.

NGL Energy Partners LP gained more than 8% when shares rose 19 cents to settle at $2.55.

ONEOK, Inc. finished with a 1.87% gain as stocks increased 83 cents to $45.11.

Ovintiv Inc increased $1.14 to settle at $21.69 with a 5.55% gain.

PHX Minerals Inc had a gain of 8.17% with a 25 cent increase to $3.31.

SandRidge Energy Inc. finished with a 20 cent increase and a gain of nearly 4% to $5.27.

Williams Companies Inc closed with a 2.56% gain after stocks increased 57 cents to $22.84.

Other Oklahoma energy stocks experienced losses on Friday.

Chesapeake Energy dropped 29 cents for a loss of 0.68% to $42.51.

Enable Midstream Partners LP fell 7 cents for a 1.15% loss to $6.02.

Gulfport Energy Corporation lost 8.5% and fell to slightly more than 8 cents a share.

Matrix Service Co lost 9 cents to $12.96, a slide of not quite 1%.

OGE Energy Corp. dropped 12 cents to $31.54—a loss of 0.38%.

ONE Gas Inc finished down 66 cents at $72.69 for a loss of nearly 1%.

Other energy stocks did as well with increased prices on Friday as the Texas Energy Report indicated.

Chevron (CVX) up 0.53 at 92.55 – change 0.57%

ConocoPhillips (COP) up 0.72 at 47.16 – change 1.55%

Diamondback Energy (FANG) up 1.35 at 69.12 – change 1.99%

Energy Transfer LP (ET) up 0.04 at 6.82 – change 0.58%

Enterprise Products Partners (EPD) up 0.35 at 21.79 – change 1.63%

EOG Resources (EOG) up 1.38 at 61.02 – change 2.31%

ExxonMobil (XOM) up 0.68 at 50.52 – change 1.36%

Kinder Morgan (KMI) up 0.15 at 14.84 – change 1.02%

Marathon Oil Corp. (MRO) up 0.22 at 8.97 – change 2.51%

National Oilwell Varco (NOV) up 0.30 at 13.94 – change 2.19%

Occidental Petroleum (OXY) up 0.41 at 25.39 – change 1.64%

Phillips 66 (PSX) down 0.01 at 77.23 – change 0.02%

Pioneer Natural Resources (PXD) up 2.42 at 132.29 – change 1.86%

Valero (VLO) up 0.19 at 64.73 – change 0.29%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.34 at 78.61 – change0.44%

CenterPoint (CNP) up 0.13 at 21.38 – change 0.61%

Entergy (ETR) up 0.25 at 94.89 – change 0.26%

Oil futures and energy stocks increased in Friday’s trading

Jerry Bohnen

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Oil futures and energy stocks increased in Friday’s trading

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Jerry Bohnen

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