Crude oil prices slipped while OK energy stocks made gains

Indian companies' inflation concerns to test RBI's easy policy - The Economic Times

 

Crude oil prices sagged slightly in Monday’s trading while Oklahoma energy stocks had a strong trading day with some making gains of 7% and 8%.

Still, fears exist about the high inflation and energy costs and how they might bring down the global economy into a definite recession.

Benchmark U.S. crude oil for November delivery fell 15 cents to $85.46 a barrel Monday. Brent crude for December delivery fell 1 cent to $91.62 a barrel.

Wholesale gasoline for November delivery fell 4 cents to $2.59 a gallon. November heating oil rose 11 cents to $4.09 a gallon. November natural gas fell 45 cents to $6 per 1,000 cubic feet.

Monday proved to be a day of gains for Oklahoma energy stocks. Of course, Continental Resources led the way with a nearly 9% gain following news of its private takeover by founder Harold Hamm.

However, others had a strong trading day too, including Mammoth Energy with a 7% gain.

 

Alliance Resource Partners, L.P.
22.60 USD+0.22 (0.98%)
Chesapeake Energy Ord Shs
97.20 USD+1.88 (1.97%)
Continental Resources, Inc.
74.14 USD+5.92 (8.68%)
Coterra Energy Inc
28.92 USD+0.50 (1.76%)
Devon Energy Corp
69.80 USD+1.78 (2.62%)
Empire Petroleum Corporation
14.87 USD+0.15 (1.02%)
Gulfport Energy Corp
91.79 USD+0.27 (0.30%)
Helmerich & Payne, Inc.
42.16 USD+1.72 (4.25%)
LSB Industries, Inc.
16.28 USD+0.97 (6.34%)
Laredo Petroleum Inc
65.40 USD+1.49 (2.33%)
Magellan Midstream Partners, L.P.
50.11 USD+0.66 (1.33%)
Mammoth Energy Services Inc
3.90 USD+0.26 (7.14%)
Matrix Service Co
4.05 USD+0.050 (1.25%)
NGL Energy Partners LP
1.29 USD+0.040 (3.20%)
OGE Energy Corp.
34.59 USD+0.83 (2.46%)
ONE Gas Inc
72.38 USD+1.79 (2.54%)
ONEOK, Inc.
54.80 USD+0.71 (1.31%)
Ovintiv Inc
50.37 USD+0.58 (1.16%)
PHX Minerals Inc
3.60 USD+0.050 (1.41%)
SandRidge Energy Inc.
17.77 USD−0.060 (0.34%)
Unit Corp
53.70 USD+0.30 (0.56%)
Williams Companies Inc
29.96 USD+0.54 (1.84%)
Wall Street plummets again as inflation fears persist
 Other energy stocks also had an up day according to the Texas Energy Report.

Apache (APA) up 0.17 at 40.10 – change 0.42%

Cheniere (LNG) up 1.05 at 171.60 – change 0.61%

Chevron (CVX) up 1.17 at 161.31 – change 0.73%

ConocoPhillips (COP) up 0.40 at 118.36 – change 0.33%

Diamondback Energy (FANG) up 0.10 at 139.46 – change 0.07%

Energy Transfer LP (ET) up 0.23 at 11.70 – change 2.00%

Enterprise Products Partners (EPD) up 0.37 at 25.36 – change 1.48%

EOG Resources (EOG) up 0.33 at 120.90 – change 0.27%

ExxonMobil (XOM) up 1.43 at 100.62 – change 1.44%

Kinder Morgan (KMI) up 0.31 at 17.50 – change 1.80%

Marathon Oil Corp. (MRO) up 0.09 at 27.14 – change 0.33%

National Oilwell Varco (NOV) up 0.15 at 18.03 – change 0.83%

Occidental Petroleum (OXY) up 0.68 at 67.36 – change 1.01%

Phillips 66 (PSX) up 1.36 at 95.46 – change 1.44%

Pioneer Natural Resources (PXD) up 4.16 at 244.05 – change 1.73%

Tellurian Inc. (TELL) up 0.14 at 2.70 – change 5.46%

Valero (VLO) up 1.38 at 115.50 – change 1.20%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.53 at 85.05 – change 1.83%

CenterPoint (CNP) up 0.37 at 26.25 – change 1.42%

Entergy (ETR) up 1.31 at 101.32 – change 1.30%