Oklahoma energy stocks recorded strong Monday on $2 gains for crude oil

  • December 12, 2022

Markets Rise at End of a Strong Week - The New York Times

 

Russia’s threat to cut oil production along with the shutdown of the Keystone pipeline because of an oil leak in Kansas sparked a $2 a barrel jump in crude oil prices on Monday. Oklahoma energy stocks also had a positive day in trading as some firms saw 4% and 5% gains for the day.

West Texas Intermediate crude for January delivery went up $2.15 a barrel or nearly 3.5% to close at $73.17 on the New York Mercantile Exchange.

Global benchmark Brent crude gained about 2% or $1.89 to $77.99 a barrel on ICE Futures Europe.

January natural gas had a good day and rose 34 cents or nearly 4% to $6.59 per 1,000 cubic feet.

Oklahoma energy stocks had a strong Monday with Helmerich & Payne leading the gains with a 7% boost. Others, like Chesapeake Energy, Laredo Petroleum, Mammoth Energy and Ovintiv recorded gains of 4-5% for the day.

 

Alliance Resource Partners, L.P.
21.45 USD+0.19 (0.89%)
Chesapeake Energy Ord Shs
98.97 USD+4.25 (4.49%)
Coterra Energy Inc
24.85 USD+0.37 (1.51%)
Devon Energy Corp
61.08 USD+1.44 (2.41%)
Empire Petroleum Corp
11.65 USD+0.32 (2.82%)
Gulfport Energy Corp
69.88 USD+2.29 (3.39%)
Helmerich & Payne, Inc.
47.89 USD+3.24 (7.26%)
LSB Industries Inc
14.39 USD+0.050 (0.35%)
Laredo Petroleum Inc
52.38 USD+2.09 (4.16%)
Magellan Midstream Partners LP
49.87 USD+1.38 (2.85%)
Mammoth Energy Services Inc
5.79 USD+0.29 (5.27%)
Matrix Service Co
5.63 USD+0.28 (5.23%)
NGL Energy Partners LP
1.13 USD−0.040 (3.42%)
OGE Energy Corp.
40.21 USD+0.26 (0.65%)
ONE Gas Inc
78.79 USD+1.61 (2.09%)
ONEOK, Inc.
65.95 USD+2.40 (3.78%)
Ovintiv Inc
48.73 USD+2.02 (4.32%)
PHX Minerals Inc
3.51 USD+0.11 (3.24%)
SandRidge Energy Inc
17.82 USD+0.48 (2.77%)
Unit Corp
57.19 USD+0.20 (0.35%)
Williams Companies Inc
33.19 USD+0.60 (1.84%)
Physical Market Looks Primed for Oil Price Gains, Says Analyst
 The same kind of strong gains were recorded by other energy stocks according to the Texas Energy Report.
 

Apache (APA) up 2.04 at 43.91 – change 4.89%

Cheniere (LNG) up 3.96 at 162.49 – change 2.49%

Chevron (CVX) up 1.75 at 169.75 – change 1.04%

ConocoPhillips (COP) up 1.76 at 111.78 – change 1.59%

Diamondback Energy (FANG) up 4.61 at 134.21 – change 3.55%

Energy Transfer LP (ET) up 0.28 at 11.70 – change 2.45%

Enterprise Products Partners (EPD) up 0.28 at 24.16 – change 1.17%

EOG Resources (EOG) up 2.39 at 124.06 – change 1.96%

ExxonMobil (XOM) up 2.54 at 106.09 – change 2.46%

Kinder Morgan (KMI) up 0.37 at 17.82 – change 2.12%

Marathon Oil Corp. (MRO) up 1.01 at 27.18 – change 3.85%

National Oilwell Varco (NOV) up 0.73 at 19.98 – change 3.79%

Occidental Petroleum (OXY) up 1.43 at 64.03 – change 2.28%

Phillips 66 (PSX) up 4.07 at 102.07 – change 4.15%

Pioneer Natural Resources (PXD) up 4.96 at 218.96 – change 2.31%

Tellurian Inc. (TELL) up 0.14 at 2.27 – change 6.54%

Valero (VLO) up 6.01 at 120.66 – change 5.24%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.97 at 98.55 – change 2..03%

CenterPoint (CNP) up 0.56 at 31.01 – change 1.83%

Entergy (ETR) up 1.53 at 118.40 – change 1.30%

Jerry Bohnen