Crude oil prices slipped Monday while OK energy stocks rose

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Still worried about China’s COVID-19 restrictions and its decreased demand for crude oil, investors sent crude oil prices falling on Monday. But Oklahoma energy prices scored strong gains for the day.

West Texas Intermediate crude for December delivery dropped 82 cents or less than 1% to settle at $91.79 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude for January delivery slipped 65 cents or less than 1% a barrel to finish the day at $97.92 on ICE Futures Europe.

December natural gas rose 54 cents or 6.50%to $6.94 per 1,000 cubic feet.

Monday produced strong gains for several Oklahoma energy companies including a 9% surge for Mammoth Energy, 6% for PHX Minerals, and a 4% for SandRidge Energy. 

But LSB Industries suffered a nearly 14% loss for the day.

 

Alliance Resource Partners, L.P.
24.21 USD+0.26 (1.09%)
Chesapeake Energy Ord Shs
104.23 USD+3.36 (3.33%)
Continental Resources, Inc.
74.14 USD−0.020 (0.027%)
Coterra Energy Inc
29.51 USD+0.62 (2.15%)
Devon Energy Corp
72.04 USD+0.56 (0.78%)
Empire Petroleum Corp
16.88 USD+0.030 (0.18%)
Gulfport Energy Corp
90.10 USD+3.88 (4.50%)
Helmerich & Payne, Inc.
52.29 USD+1.69 (3.34%)
LSB Industries Inc
14.30 USD−2.29 (13.80%)
Laredo Petroleum Inc
68.94 USD+2.01 (3.00%)
Magellan Midstream Partners LP
51.38 USD−0.22 (0.43%)
Mammoth Energy Services Inc
6.04 USD+0.49 (8.83%)
Matrix Service Co
4.97 USD+0.030 (0.61%)
NGL Energy Partners LP
1.45 USD+0.0100 (0.69%)
OGE Energy Corp.
36.71 USD−0.83 (2.21%)
ONE Gas Inc
77.77 USD−3.13 (3.87%)
ONEOK, Inc.
61.86 USD+1.12 (1.84%)
Ovintiv Inc
55.46 USD+2.05 (3.84%)
PHX Minerals Inc
4.31 USD+0.24 (5.90%)
SandRidge Energy Inc.
21.68 USD+0.89 (4.28%)
Unit Corp
59.00 USD+0.075 (0.13%)
Williams Companies Inc
33.84 USD+0.30 (0.89%)
Oil prices see weekly drop with low demand expectations
Other results were reported by the Texas Energy Report.

Apache (APA) up 0.51 at 49.50 – change 1.04%

Cheniere (LNG) down 0.93 at 170.46 – change 0.54%

Chevron (CVX) up 2.19 at 185.61 – change 1.19%

ConocoPhillips (COP) up 2.62 at 134.94 – change 1.98%

Diamondback Energy (FANG) up 2.12 at 163.49 – change 1.31%

Energy Transfer LP (ET) up 0.09 at 12.39 – change 0.73%

Enterprise Products Partners (EPD) up 0.05 at 25.00 – change 0.20%

EOG Resources (EOG) up 3.71 at 145.94 – change 2.60%

ExxonMobil (XOM) up 1.33 at 113.64 – change 1.18%

Kinder Morgan (KMI) up 0.08 at 18.25 – change 0.44%

Marathon Oil Corp. (MRO) up 1.00 at 33.03 – change 3.12%

National Oilwell Varco (NOV) up 0.72 at 23.94 – change 3.10%

Occidental Petroleum (OXY) up 2.70 at 75.97 – change 3.68%

Phillips 66 (PSX) up 1.95 at 105.43 – change 1.88%

Pioneer Natural Resources (PXD) up 2.85 at 257.91 – change 1.11%

Tellurian Inc. (TELL) up 0.06 at 3.05 – change 2.00%

Valero (VLO) up 3.06 at 131.78 – change 2.37%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.57 at 88.00 – change 1.76%

CenterPoint (CNP) down 0.57 at 27.91 – change 2.01%

Entergy (ETR) down 2.25 at 108.48 – change 2.03%