Crude rose 5% on Friday and OK energy stocks had a strong performance

Oil Boom 2022: U.S. Oil Price Tops $90 For First Time Since 2014 [Updated]

 

Crude oil prices soared by 5% on Friday, thanks to a number of factors including the uncertainty of more interest rate hikes by the U.S. Federal Reserve and a looming EU ban on Russian oil.

Oklahoma energy stocks recorded gains on the day too.

West Texas Intermediate crude for December delivery shot up $4.44 a barrel to settle at $92.61 on the New York Mercantile Exchange.

Global benchmark Brent crude for January delivery increased more than 4% or $3.90 to finish at $98.57 a barrel on ICE Futures Europe.

December natural gas rose 42 cents or more than 7% to $6.40 per 1,000 cubic feet.

Friday resulted in a strong day in trading for some Oklahoma energy stocks. SandRidge Energy skyrocketed more than 12% and Gulfport rose 5%.

 

Alliance Resource Partners, L.P.
23.95 USD+0.68 (2.92%)
Chesapeake Energy Ord Shs
100.87 USD+1.75 (1.77%)
Continental Resources, Inc.
74.15 USD+0.100 (0.14%)
Coterra Energy Inc
28.93 USD−1.68 (5.49%)
Devon Energy Corp
71.48 USD+0.75 (1.06%)
Empire Petroleum Corp
16.85 USD+0.20 (1.20%)
Gulfport Energy Corp
87.14 USD+3.92 (4.71%)
Helmerich & Payne, Inc.
50.62 USD+0.78 (1.57%)
LSB Industries Inc
16.59 USD+0.30 (1.84%)
Laredo Petroleum Inc
66.93 USD+2.09 (3.22%)
Magellan Midstream Partners LP
51.60 USD−0.062 (0.12%)
Mammoth Energy Services Inc
5.55 USD−0.34 (5.77%)
Matrix Service Co
4.94 USD+0.19 (4.00%)
NGL Energy Partners LP
1.44 USD+0.030 (2.13%)
OGE Energy Corp.
37.54 USD+0.47 (1.27%)
ONE Gas Inc
80.90 USD+0.97 (1.21%)
ONEOK, Inc.
60.74 USD+1.44 (2.43%)
Ovintiv Inc
53.41 USD+2.26 (4.42%)
PHX Minerals Inc
4.07 USD+0.14 (3.56%)
SandRidge Energy Inc.
20.79 USD+2.29 (12.38%)
Unit Corp
58.92 USD+1.93 (3.40%)
Williams Companies Inc
33.54 USD+0.39 (1.18%)
Crude Oil Price Today | WTI OIL PRICE CHART | OIL PRICE PER BARREL |  Markets Insider
Other energy stocks made gains too according to the Texas Energy Report.

Apache (APA) up 1.70 at 48.99 – change 3.59%

Cheniere (LNG) down 5.27 at 171.78 – change 2.98%

Chevron (CVX) up 2.29 at 183.42 – change 1.26%

ConocoPhillips (COP) down 1.50 at 133.32 – change 1.13%

Diamondback Energy (FANG) up 2.84 at 161.37 – change 1.79%

Energy Transfer LP (ET) up 0.11 at 12.30 – change 0.90%

Enterprise Products Partners (EPD) up 0.20 at 24.95 – change 0.80%

EOG Resources (EOG) up 3.85 at 142.22 – change 2.78%

ExxonMobil (XOM) up 1.21 at 112.31 – change 1.08%

Kinder Morgan (KMI) up 0.13 at 18.17 – change 0.72%

Marathon Oil Corp. (MRO) up 0.61 at 32.03 – change 1.94%

National Oilwell Varco (NOV) up 0.40 at 23.22 – change 1.75%

Occidental Petroleum (OXY) up 1.11 at 73.27 – change 1.53%

Phillips 66 (PSX) up 0.36 at 103.48 – change 0.34%

Pioneer Natural Resources (PXD) down 0.58 at 255.06 – change 0.23%

Tellurian Inc. (TELL) down 0.04 at 2.99 – change 1.33%

Valero (VLO) down 0.99 at 128.72 – change 0.77%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.89 at 89.57 – change 1.00%

CenterPoint (CNP) up 0.47 at 28.48 – change 1.67%

Entergy (ETR) up 1.37 at 110.72 – change 1.25%