ConocoPhillips: Energy Winners and Losers

Updated with closing prices

SIOUX FALLS, S.D. -- The Standard & Poor's 500 energy sector index rose 1.2% in Monday afternoon trading, well ahead of the financial, industrial and health care sectors, which were up slightly.

Energy stocks surged as oil prices approached $75 a barrel Monday for the first time in 10 months. Expectations that demand for energy will grow were spurred Friday when Federal Reserve Chairman Ben Bernanke declared that the economy is on the verge of recovery.

ConocoPhillips (COP Quote) added $1.11, or 2.5%, to $45.31, while Exxon Mobil (XOM Quote) climbed $1.38 to $71.30. Independent petroleum producer Murphy Oil (MUR Quote) rose $1.36, or 2.3%, to $60.66.

Coal producers also got a bump.

Consol Energy (CNX Quote) added 48 cents to $40.93, while Massey Energy (MEE Quote) gained 3 cents to $30.46. Peabody Energy (BTU Quote) was up 21 cents to $36.05.