Oklahoma energy companies continued to lose value as Monday’s trading showed on the New York Stock Exchange.
Devon Energy reported a drop of $1.13, finishing the day at $7.57. Friday’s close was $8.70 and the company’s 52-week high was $35.39.
SandRidge Energy finished Monday down 16 cents after closing at $1.06 on Friday and closing Monday at 90 cents per share.
Chesapeake Energy closed Friday at 15 cents but finished Monday up at 20 cents per share.
ONEOK dropped $5.71 and finished Monday at $25.01.
Oil prices continued taking a hit. The price for WTI as set in Cushing ended Monday down $3.03 to finish the day at $28.70.
Brent crude in London struggled as well, dropping $4.07 for the day and finishing at $29.78.
Natural gas on the New York Mercantile Exchange dropped a nickle and finished at $1.82 per Mcf.