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Oklahoma oil company stocks on the rise

Updated:
OKLAHOMA CITY (AP) _ Suring oil and natural gas prices are pushing stock prices higher for several Oklahoma energy companies.

Eight of Oklahoma's publicly traded energy companies saw their stocks reach 52-week highs yesterday.

Industry observers say it's a sign of the recent improvement in the energy industry and a reflection of the belief that oil and natural gas demand could soon outpace production.

Oklahoma City-based Kerr-McGee and Devon Energy and Tulsa-based Alliance Resource Partners were among the Oklahoma companies to hit their high water mark for the past year.
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