Crude oil prices bounced back in Tuesday’s trading

Crude oil prices gained about 2% in Tuesday’s trading while Oklahoma energy stocks suffered losses for the day. The Middle East crisis and a Libyan supply outage led to some of the gains for the day.

US benchmark, West Texas Intermediate dropped $1.47 or 2.1% to finish at $72.24 a barrel on the New York Mercantile Exchange. Brent crude closed down $1.47 or 1.9% at $775.59 a barrel on ICE Futures Europe.

 February natural gas rose 21 cents to $3.19 per 1,000 cubic feet.

Oklahoma energy stocks recorded mostly losses for the day.

Alliance Resource Partners, L.P.
21.95 USD+0.40 
Canoo Inc
0.21 USD−0.039 
Chesapeake Energy Ord Shs
78.35 USD−0.40 
Coterra Energy Inc
25.75 USD+0.20 
Devon Energy Corp
44.77 USD−0.76 
Empire Petroleum Corp
8.31 USD−0.31 
Gulfport Energy Corp
126.82 USD+1.03 
Helmerich and Payne Inc
33.85 USD−0.30 
 LSB Industries Inc
8.49 USD−0.56 
Mach Natural Resources LP
16.40 USD+0.11 
Mammoth Energy Services Inc
4.20 USD−0.18 
Matrix Service Co
9.75 USD-0.04 
NGL Energy Partners LP
5.37 USD−0.030 
OGE Energy Corp
35.43 USD−0.040 
ONE Gas Inc
63.02 USD−1.51 
ONEOK, Inc.
70.39 USD−0.88 
Ovintiv Inc
41.93 USD−0.54 
PHX Minerals Inc
3.25 USD−0.0100 
SandRidge Energy Inc
13.55 USD−0.13 
Unit Corp
41.05 USD−0.87 
Vital Energy Inc
42.98 USD−0.70 
Williams Companies Inc
35.42 USD−0.23 
The Texas Energy Report showed other energy stocks were down as well.

APA Corp. (Apache) (APA) down 0.76 at 32.97 – change 2.26%

Cheniere (LNG) up 0.39 at 167.34 – change 0.23%

Chevron (CVX) down 3.80 at 145.69 – change 2.55%

ConocoPhillips (COP) down 1.74 at 112.76 – change 1.52%

Diamondback Energy (FANG) down 3.00 at 152.76 – change 1.93%

Energy Transfer LP (ET) up 0.02 at 14.00 – change 0.14%

Enterprise Products Partners (EPD) up 0.11 at 26.89 – change 0.41%

EOG Resources (EOG) down 1.70 at 116.07 – change 1.45%

Exxon Mobil (XOM) down 1.25 at 99.67 – change 1.24%

Kinder Morgan (KMI) down 0.06 at 18.05 – change 0.34%

Marathon Oil Corp. (MRO) down 0.53 at 23.21 – change 2.24%

NOV Inc. (NOV) down 0.70 at 19.51 – change 3.47%

Occidental Petroleum (OXY) down 0.81 at 57.46 – change 1.40%

Phillips 66 (PSX) down 0.64 at 133.21 – change 0.48%

Pioneer Natural Resources (PXD) down 3.22 at 223.13 – change 1.43%

Tellurian Inc. (TELL) down 0.05 at 0.67 – change 6.44%

Valero (VLO) down 2.10 at 127.17 – change 1.63%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.38 at 84.13 – change 0.45%

CenterPoint (CNP) down 0.18 at 29.23 – change 0.62%

Entergy (ETR) down 0.31 at 104.37 – change 0.30%