Shares in Colorado energy companies fell along with the rest of the stock market Monday, despite a jump in oil prices.
The Bloomberg Colorado Index, a price- weighted index of 111 companies based in the state, fell 1.7 percent to close at 340.99. Decliners outnumbered gainers three to one.
Threats from Iran over supply drove the price of a barrel of oil up to $72.60, normally a positive for energy stocks but not Monday.
Bill Barrett Corp. fell $1.72, or 5.12 percent, to close at $31.88 a share.
St. Mary Land and Exploration lost $2, or 5 percent, to close at $37.98.
Western Gas Resources dropped $1.88, or 3.7 percent, to $48.27.
Whiting Petroleum Corp., Cimarex Energy Co. and Forest Oil Corp. were other local oil companies that suffered large losses on the day.
Fears of higher interest rates from the Federal Reserve drove Denver homebuilder MDC Holdings Inc., parent of Richmond American Homes, down $2.34, or 4.2 percent, to $53.16 a share.
Niwot-based shoe company Crocs suffered a 4.24 percent decline, dropping $1.04 to close at $23.49.
Among the companies that bucked the trend by rising in value Monday were Century Casinos, pipeline operator TransMontaigne Partners and energy-measurement equipment maker Metretek Technologies.
For the year, the Bloomberg Colorado Index remains up 4.6 percent, ahead of the Dow Jones industrial average (up 3.09 percent), the S&P 500 (up 1.36 percent) and the Nasdaq composite (down 1.62 percent).
Staff writer Aldo Svaldi can be reached at 303-820-1410 or asvaldi@denverpost.com.
