Crude prices are up but OK Energy stocks soared on Monday

National Gas Price Average Surges Higher due to Rising Oil Cost, High Demand - Clarksville Online - Clarksville News, Sports, Events and Information

Crude oil prices rebounded nearly $2 on Monday but the Oklahoma Energy stocks were nearly out of sight with some seeing gains of 7 and 8% and at least one, SandRidge Energy recording a gain of 10%.

Helmerich & Payne recorded a 7% gain, Mammoth Energy 8%, and Unit Corporation 7%.

Crude oil prices rose even as investors brace for a Federal Reserve interest rate hike. Some investors worry about a weakening fuel demand if rates are raised.

West Texas Intermediate crude for September delivery went up $2 and settled at $96.70 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude for September delivery gained $1.95 to finish at $105.15 a barrel on ICE Futures Europe.

August natural gas rose 43 cents to $8.73 per 1,000 cubic feet.
Here is how Oklahoma energy stocks performed on Monday.

 

Alliance Resource Partners, L.P.
21.40 USD+1.51 (7.59%)
Blueknight Energy Partners LP Common Stock
4.59 USD0.00 (0.00%)
Chesapeake Energy Ord Shs
92.31 USD+2.56 (2.85%)
Continental Resources, Inc.
65.65 USD+2.18 (3.43%)
Coterra Energy Inc
28.89 USD+1.18 (4.26%)
Devon Energy Corp
57.97 USD+2.78 (5.04%)
Empire Petroleum Corporation
9.06 USD−0.59 (6.11%)
Gulfport Energy Corp
87.99 USD+4.41 (5.28%)
Helmerich & Payne, Inc.
42.19 USD+2.79 (7.08%)
LSB Industries, Inc.
12.68 USD+0.96 (8.19%)
Laredo Petroleum Inc
78.96 USD+4.85 (6.54%)
Magellan Midstream Partners, L.P.
49.93 USD+1.03 (2.11%)
Mammoth Energy Services Inc
2.45 USD+0.19 (8.41%)
Matrix Service Co
5.37 USD+0.080 (1.51%)
NGL Energy Partners LP
1.41 USD−0.030 (2.08%)
OGE Energy Corp.
38.94 USD+0.38 (0.99%)
ONE Gas Inc
81.67 USD+1.37 (1.71%)
ONEOK, Inc.
59.14 USD+1.15 (1.98%)
Ovintiv Inc
47.47 USD+2.99 (6.72%)
PHX Minerals Inc
3.15 USD+0.20 (6.78%)today
SandRidge Energy Inc.
18.73 USD+1.77 (10.44%)
Unit Corp
58.00 USD+3.98 (7.37%)
Williams Companies Inc
33.45 USD+1.11 (3.43%)
oil prices: Oil price rises after surprise drop in US inventories offsets demand concerns, Auto News, ET Auto
 Other energy stocks recorded large gains as well according to the Texas Energy Report.
 

Apache (APA) up 2.02 at 34.43 – change 6.23%

Cheniere (LNG) up 5.90 at 140.00 – change 4.39%

Chevron (CVX) up 4.29 at 148.47 – change 2.97%

ConocoPhillips (COP) up 3.92 at 92.05 – change 4.44%

Diamondback Energy (FANG) up 6.56 at 119.99 – change 5.78%

Energy Transfer LP (ET) up 0.35 at 10.60 – change 3.41%

Enterprise Products Partners (EPD) up 0.50 at 26.07 – change 1.95%

EOG Resources (EOG) up 4.48 at 105.48 – change 4.43%

ExxonMobil (XOM) up 2.90 at 89.98 – change 3.33%

Kinder Morgan (KMI) up 0.37 at 18.02 – change 2.09%

Marathon Oil Corp. (MRO) up 1.43 at 23.18 – change 6.57%

National Oilwell Varco (NOV) up 0.69 at 15.47 – change 4.66%

Occidental Petroleum (OXY) up 3.35 at 64.41 – change 5.48%

Phillips 66 (PSX) up 2.71 at 87.24 – change 3.20%

Pioneer Natural Resources (PXD) up 11.77 at 221.57 – change 5.61%

Tellurian Inc. (TELL) up 0.18 at 3.79 – change 4.98%

Valero (VLO) up 5.30 at 109.32 – change 5.09%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.45 at 95.80 – change 1.53%

CenterPoint (CNP) up 0.40 at 30.10 – change 1.34%

Entergy (ETR) up 1.42 at 110.79 – change 1.29%