Crude oil managed 3% gain on Friday while OK energy stocks slumped

Crude oil prices wrapped up the week with gains of nearly 3% on Friday as worries grew that the fighting in Israel and Gaza might lead to a wider conflict in the Middle East.

At the same time, Oklahoma energy stocks experiences losses of 2% to 3%.

West Texas Intermediate crude went up $2.33 or 2.85 and closed at $85.54 a barrel on the New York Mercantile Exchange.

Brent crude, the global benchmark, rose $2.55 or 2.9% and settled at $90.48 a barrel on ICE Futures Europe. For Brent, its premium over WTI reached its highest level since March and that makes it more attractive for energy companies to send ships to the U.S. to get crude for export.

November natural gas fell 5 cents to $3.16 per 1,000 cubic feet.

Oklahoma energy stocks finished the week with a day filled with losses—some feelilng the effects of 2% to 3% declines.

Alliance Resource Partners, L.P.
22.48 USD−0.42 
Canoo Inc
0.26 USD−0.0050 
Chesapeake Energy Ord Shs
85.79 USD−1.29 
Coterra Energy Inc
27.70 USD−0.22 
Devon Energy Corp
46.77 USD−0.40 
 Empire Petroleum Corp
8.02 USD−0.080 
Gulfport Energy Corp
123.93 USD−0.86 
Helmerich and Payne Inc
39.45 USD−0.030 
LSB Industries Inc
9.17 USD−0.24 
Mammoth Energy Services Inc
4.17 USD−0.15 
Matrix Service Co
11.35 USD−0.65 
NGL Energy Partners LP
4.14 USD−0.040 
OGE Energy Corp
33.80 USD−0.64 
ONE Gas Inc
61.51 USD−1.53 
ONEOK, Inc.
65.44 USD−0.88 
 Ovintiv Inc
47.80 USD−0.32 
PHX Minerals Inc
3.69 USD+0.020 
SandRidge Energy Inc
15.89 USD0.00 
Unit Corp
54.96 USD−0.36 
Vital Energy Inc
51.53 USD−0.29 
Williams Companies Inc
34.05 USD−0.53 
The Texas Energy Report showed other energy stocks had the same kind of trading day.

APA Corp. (Apache) (APA) down 0.29 at 40.13 – change 0.72%

Cheniere (LNG) down 0.99 at 166.86 – change 0.59%

Chevron (CVX) down 10.40 at 144.35 – change 6.73%

ConocoPhillips (COP) down 0.51 at 117.80 – change 0.44%

Diamondback Energy (FANG) down 1.67 at 160.05 – change 1.04%

Energy Transfer LP (ET) down 0.15 at 13.11 – change 1.12%

Enterprise Products Partners (EPD) down 0.08 at 27.08 – change 0.30%

EOG Resources (EOG) down 1.95 at 125.99 – change 1.53%

Exxon Mobil (XOM) down 2.05 at 105.55 – change 1.91%

Kinder Morgan (KMI) down 0.33 at 16.37 – change 1.98%

Marathon Oil Corp. (MRO) down 0.22 at 27.48 – change 0.80%

NOV Inc. (NOV) up 0.50 at 19.60 – change 2.61%

Occidental Petroleum (OXY) down 1.04 at 62.23 – change 1.65%

Phillips 66 (PSX) up 0.83 at 110.93 – change 0.75%

Pioneer Natural Resources (PXD) down 4.27 at 238.79 – change 1.76%

Tellurian Inc. (TELL) up 0.01 at 0.65 – change 2.58%

Valero (VLO) down 1.80 at 123.56 – change 1.44%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.84 at 74.93 – change 1.11%

CenterPoint (CNP) down 0.91 at 26.69 – change 3.30%

Entergy (ETR) down 1.82 at 91.38 – change 1.96%