Oklahoma energy stocks and crude prices finished up on Friday

  • June 30, 2023

Crude oil prices and Oklahoma energy stocks settled higher Friday but crude also posted its fourth straight quarterly loss. Investors were still worried that sluggish global economic activity will slow fuel demand.

U.S. benchmark, West Texas Intermediate crude rose 78 cents or 1.1% per barrel and finished at $70.64 on the New York Mercantile Exchange. WTI also posted its second straight quarterly drop or about 6.5% in the past three months.

Brent crude, the global benchmark, saw its August delivery expire on Friday and settled up 56 cents or 0.8% at $74.90 a barrel on ICE Futures Europe. Brent finished down 6% in the three months to the end of June.

Natural gas gained 8 cents or 2.81% to finish at $2.78.

Friday was another “up” day for most Oklahoma energy stocks with Empire Petroleum gaining more than 7% and Matrix Service Company seeing a 5% boost for the day.

Alliance Resource Partners, L.P.
18.49 USD+0.44 
Canoo Inc
0.48 USD+0.011 
Chesapeake Energy Ord Shs
83.68 USD−0.32 
Coterra Energy Inc
25.30 USD+0.17 
 Devon Energy Corp
48.34 USD−0.060 
Empire Petroleum Corp
9.10 USD+0.61 
Gulfport Energy Corp
105.07 USD+1.61 
Helmerich & Payne, Inc.
35.45 USD+0.36 
 LSB Industries Inc
9.85 USD−0.27 
Magellan Midstream Partners LP
62.32 USD+0.35 
Mammoth Energy Services Inc
4.83 USD+0.16 
Matrix Service Co
5.89 USD+0.26 
NGL Energy Partners LP
3.89 USD+0.030 
OGE Energy Corp
35.91 USD+0.35 
 ONE Gas Inc
76.81 USD−0.50 
ONEOK, Inc.
61.72 USD+0.23 
Ovintiv Inc
38.07 USD+0.52 
PHX Minerals Inc
3.12 USD+0.100 
 SandRidge Energy Inc
15.25 USD0.00 
Unit Corp
47.88 USD−0.43 
Vital Energy Inc
45.15 USD+0.53 
Williams Companies Inc
32.63 USD+0.10 

The Texas Energy Report showed most other energy stocks recorded gains for the day.

APA Corp. (Apache) (APA) up 0.25 at 34.17 – change 0.73%

Cheniere (LNG) up 1.22 at 152.44 – change 0.81%

Chevron (CVX) up 1.10 at 157.34 – change 0.70%

ConocoPhillips (COP) up 0.56 at 103.63 – change 0.55%

Diamondback Energy (FANG) up 1.34 at 131.36 – change 1.03%

Energy Transfer LP (ET) down 0.07 at 12.70 – change 0.51%

Enterprise Products Partners (EPD) down 0.06 at 26.36 – change 0.19%

EOG Resources (EOG) up 1.50 at 114.50 – change 1.32%

ExxonMobil (XOM) up 0.57 at 107.27 – change 0.53%

Kinder Morgan (KMI) up 0.01 at 17.21 – change 0.05%

Marathon Oil Corp. (MRO) up 0.08 at 23.02 – change 0.39%

NOV Inc. (NOV) up 0.08 at 16.05 – change 0.56%

Occidental Petroleum (OXY) up 0.27 at 58.79 – change 0.46%

Phillips 66 (PSX) up 0.90 at 95.43 – change 0.95%

Pioneer Natural Resources (PXD) up 1.12 at 207.19 – change 0.54%

Tellurian Inc. (TELL) unchanged at 1.41 – change 0.00%

Valero (VLO) up 0.68 at 117.30 – change 0.59%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.96 at 84.22 – change 1.15%

CenterPoint (CNP) up 0.39 at 29.11 – change 1.37%

Entergy (ETR) up 1.63 at 97.36 – change 1.70%

Jerry Bohnen