Crude oil made gains Monday while OK energy stocks dropped

 

Fresh sanctions on Iran sent crude oil prices higher on Monday.

It was considered a recovery from the steep losses recorded on Friday. Adding to the increased oil prices were concerns of near-term supply tightness.

Oklahoma energy stocks experienced negative territory for the day.

West Texas Intermediate crude rose 43 cents or 0.6% to $70.83 at the New York Mercantile Exchange.

Brent crude finished up 45 cents or 0.6% at $74.88 a barrel.

Natural gas finished down 24 cents for a 5.67% decline to $3.99 per MMBtu.

Oklahoma energy stocks took it on the chin Monday as most recorded losses for the day. PHX Minerals and Stardust Power, the lithium developer in Muskogee, each experienced 4% drops for the day.

Two exceptions were Empire Petroleum and Helmerich and Payne, each with a more than 5% gain for the day.

 

Alliance Resource Partners, L.P.
26.33 USD−0.37 
Coterra Energy Inc
27.98 USD−0.16 
Devon Energy Corp
37.31 USD−0.18 
 Empire Petroleum Corp
6.69 USD+0.32 
Expand Energy Corp
103.90 USD−0.24 
Gulfport Energy Corp
182.30 USD−2.85 
Helmerich and Payne Inc
27.63 USD+1.35 
 LSB Industries Inc
7.72 USD+0.13 
Mach Natural Resources LP
16.00 USD−0.020 
Mammoth Energy Services Inc
2.48 USD−0.21 
Matrix Service Co
13.03 USD−0.050 
 NGL Energy Partners LP Unit
4.63 USD−0.14 
OGE Energy Corp
45.15 USD−0.050 
ONE Gas Inc
74.68 USD+1.55 
ONEOK Inc
98.12 USD+0.020 
Ovintiv Inc
43.50 USD+0.19 
 PHX Minerals Inc
3.98 USD−0.16 
SandRidge Energy Inc
12.15 USD−0.050 
Stardust Power Inc
0.73 USD−0.033 
Unit Corp
27.25 USD0.00 
Vital Energy Inc
28.69 USD−0.070 
Williams Companies Inc
57.33 USD−0.11