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.
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%