Crude oil settled back above $100 while OK energy stocks jumped

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Worries about anticipated crude oil supplies caused by sanctions on Russia resulted in a price rebound on Thursday as crude rose 8% and finished above $100 a barrel. Oklahoma energy stocks rebounded as well with some seeing gains of more than 10%.

West Texas Intermediate crude for April delivery went up $7.94 and closed at $102.98 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude for May delivery rose $8.62 and settled at $106.64 a barrel on ICE Futures Europe.

April natural gas rose 24 cents $4.99 per 1,000 cubic feet.

What a rebounding day for Oklahoma energy stocks. More than half a dozen firms had gains of 6% or greater with Devon up 10% and Cypress Environmental Partners scoring a nearly 25% gain for the day.


Alliance Resource Partners, L.P.
14.29 USD+0.54 (3.93%)
Blueknight Energy Partners LP Common Stock
3.30 USD+0.030 (0.92%)
Chesapeake Energy Ord Shs
79.01 USD+2.00 (2.60%)
Continental Resources, Inc.
60.82 USD+3.82 (6.70%)
Coterra Energy Inc
24.74 USD+1.27 (5.41%)
Cypress Environmental Partners LP
1.83 USD+0.36 (24.49%)
Devon Energy Corp
57.52 USD+5.06 (9.65%)
Gulfport Energy Corp

77.00 USD+4.50 (6.21%)
Helmerich & Payne, Inc.
40.43 USD+1.83 (4.74%)
LSB Industries, Inc.
20.74 USD+1.56 (8.13%)
Laredo Petroleum Inc
72.33 USD+5.68 (8.52%)
Magellan Midstream Partners, L.P.
46.93 USD−0.26 (0.55%)
Mammoth Energy Services Inc
2.01 USD+0.19 (10.44%)
Matrix Service Co
8.83 USD+0.32 (3.76%)
NGL Energy Partners LP
2.30 USD+0.11 (5.02%)
OGE Energy Corp.
38.49 USD−0.27 (0.70%)
ONE Gas Inc
83.87 USD+0.42 (0.50%)
66.86 USD+2.20 (3.40%)
Ovintiv Inc
47.42 USD+3.70 (8.46%)
PHX Minerals Inc
2.77 USD+0.14 (5.32%)
SandRidge Energy Inc.
14.61 USD+0.61 (4.36%)
Units Ord Shs
59.00 USD−0.31 (0.52%)
Williams Companies Inc
31.53 USD+0.27 (0.86%)
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