Oil made 2% gain while OK energy stocks were mixed in trading

A nearly 2% gain was recorded Tuesday for crude oil prices while Oklahoma energy stocks were mixed. Analysts credited the oil price gain on hopes the Federal Reserve might ease its rate hikes.

Some analysts think investors were more optimistic the Fed might bring an end to its rate hikes.

West Texas Intermediate crude went up 2.2% on a $1.79 a-barrel-increase to $81.53 on the New York Mercantile Exchange.

Global benchmark Brent crude increased 1.7% or $1.43 a barrel to $85.61 on ICE Futures Europe.

May natural gas rose 1 cent to $2.19 per 1,000 cubic feet.

Oklahoma energy stocks were mixed in Tuesday’s trading but some, such as Mammoth Energy recorded a more than 6% gain.

Alliance Resource Partners, L.P.
20.69 USD+0.48 
 Canoo Inc
0.57 USD+0.035 
Chesapeake Energy Ord Shs
78.87 USD+1.33 
Devon Energy Corp
54.30 USD+0.91 
Empire Petroleum Corp
12.70 USD−0.16 
Gulfport Energy Corp
81.63 USD+1.65 
Helmerich & Payne, Inc.
37.47 USD+0.23 
 LSB Industries Inc
10.06 USD+0.26 
 Magellan Midstream Partners LP
55.06 USD+0.60 
Mammoth Energy Services Inc
4.60 USD+0.27 
 Matrix Service Co
5.21 USD−0.0100 
NGL Energy Partners LP
2.93 USD−0.050 
 OGE Energy Corp.
38.53 USD−0.12 
ONE Gas Inc
82.41 USD−0.25 
ONEOK, Inc.
66.43 USD+0.36 
Ovintiv Inc
39.31 USD−0.050 
PHX Minerals Inc
2.71 USD+0.070 
SandRidge Energy Inc
15.79 USD+0.26 
Unit Corp
43.00 USD−0.38 
Vital Energy Inc
52.43 USD+1.83 
Williams Companies Inc
30.17 USD+0.33 
Most other energy stocks recorded strong performances including one with a nearly 10% gain, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.83 at 39.92 – change 2.12%

Cheniere (LNG) down 1.19 at 152.30 – change 0.78%

Chevron (CVX) up 0.93 at 169.22 – change 0.55%

ConocoPhillips (COP) up 0.80 at 106.75 – change 0.75%

Diamondback Energy (FANG) up 1.98 at 145.16 – change 1.38%

Energy Transfer LP (ET) up 0.05 at 12.56 – change 0.39%

Enterprise Products Partners (EPD) up 0.13 at 26.67 – change 0.48%

EOG Resources (EOG) up 1.31 at 121.68 – change 1.08%

ExxonMobil (XOM) up 0.81 at 115.35 – change 0.70%

Kinder Morgan (KMI) up 0.14 at 17.89 – change 0.78%

Marathon Oil Corp. (MRO) up 0.35 at 26.11 – change 1.35%

NOV Inc. (NOV) up 0.16 at 18.50 – change 0.87%

Occidental Petroleum (OXY) up 0.28 at 64.37 – change 0.43%

Phillips 66 (PSX) up 1.50 at 106.46 – change 1.42%

Pioneer Natural Resources (PXD) up 0.17 at 220.39 – change 0.07%

Tellurian Inc. (TELL) up 0.14 at 1.60 – change 9.58%

Valero (VLO) up 1.61 at 136.71 – change 1.19%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.10 at 94.34 – change 0.11%

CenterPoint (CNP) down 0.05 at 30.63 – change 0.17%

Entergy (ETR) down 0.57 at 110.44 – change 0.52%