Crude oil made gains on Friday while OK energy stocks fell

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

 

Crude oil prices managed a 1% gain in Friday’s trading while most Oklahoma energy stocks recorded losses for the day.

The gain in crude prices came after U.S. employment data was better than expect. However, despite the 1% gain for the day, crude prices still fell more than 3% on the week because of growing worries about possible U.S. interest rate hikes.

West Texas Intermediate crude rose 96 cents or 1.3% to settle at $76.68 on the New York Mercantile Exchange.

Global benchmark Brent crude gained $1.19 or 1.5% and finished the day at $82.78 a barrel on ICE Futures Europe.

April natural gas fell 11 cents to $2.43 per 1,000 cubic feet.

Most Oklahoma energy stocks suffered losses including a 4% drop for Mammoth Energy and more than 7% for NGL Energy Partners.

Alliance Resource Partners, L.P.
19.23 USD−0.58 
Canoo Inc
0.58 USD−0.018 
Chesapeake Energy Ord Shs
75.18 USD−1.35 
Coterra Energy Inc
24.59 USD−0.52 

Devon Energy Corp

51.76 USD−1.22 

 Empire Petroleum Corp
12.81 USD+0.21 
Gulfport Energy Corp
75.26 USD−1.99 
Helmerich & Payne, Inc.
39.37 USD−0.89 
LSB Industries Inc
11.84 USD−0.98 
Magellan Midstream Partners LP
53.04 USD+0.060 
 Mammoth Energy Services Inc
5.43 USD−0.22 
Matrix Service Co
6.36 USD−0.36 
NGL Energy Partners LP
3.44 USD−0.27 
OGE Energy Corp.
34.40 USD−0.67 
ONE Gas Inc
74.34 USD−1.63 
ONEOK, Inc.
64.40 USD−1.24 
Ovintiv Inc
39.18 USD−1.34 
PHX Minerals Inc
2.63 USD−0.100 
SandRidge Energy Inc
13.80 USD−0.50 
Unit Corp
44.52 USD−0.77 
Vital Energy Inc
48.61 USD−0.80 
Williams Companies Inc
28.90 USD−0.54 
Jessica Jaganathan: Oil prices climb as U.S. ramps up economic support measures, Energy News, ET EnergyWorld
Other energy stocks also recorded a down day according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 1.06 at 35.95 – change 2.87%

Cheniere (LNG) up 1.08 at 154.22 – change 0.70%

Chevron (CVX) down 0.84 at 159.66 – change 0.53%

ConocoPhillips (COP) down 1.59 at 104.22 – change 1.51%

Diamondback Energy (FANG) down 4.03 at 135.91 – change 2.88%

Energy Transfer LP (ET) down 0.30 at 12.60 – change 2.33%

Enterprise Products Partners (EPD) down 0.21 at 25.60 – change 0.82%

EOG Resources (EOG) down 2.82 at 112.18 – change 2.46%

ExxonMobil (XOM) down 1.35 at 107.78 – change 1.24%

Kinder Morgan (KMI) down 0.37 at 16.77 – change 2.16%

Marathon Oil Corp. (MRO) down 0.61 at 23.97 – change 2.49%

NOV Inc. (NOV) down 0.86 at 20.20 – change 4.09%

Occidental Petroleum (OXY) down 0.70 at 59.86 – change 1.16%

Phillips 66 (PSX) up 0.08 at 101.22 – change 0.07%

Pioneer Natural Resources (PXD) down 3.24 at 198.78 – change 1.61%

Tellurian Inc. (TELL) down 0.06 at 1.23 – change 4.66%

Valero (VLO) down 0.12 at 132.16 – change 0.10%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.23 at 87.56 – change 1.39%

CenterPoint (CNP) down 0.32 at 27.56 – change 1.15%

Entergy (ETR) down 2.25 at 100.62 – change 2.18%