Local energy stocks in Oklahoma took a beating in Thursday’s trading with some firms seeing their shares drop 7-8%. One suffered a nearly 10% decline in the value of its shares.
Alliance Resource Partners dropped 1% or 3 cents to $3.08. Blueknight Energy Partners ended the day down 2 cents or 1.38% to $1.43. Chesapeake Energy Corporation saw a nearly 5% gain of 25 cents to $5.30.
Continental Resources fell 7.5% or $1.08 a share to $13.28. Cypress Environmental Partners ended the day up 2 cents for not quite a 1% gain to $2.17. Devon Energy plunged 7.31% or 70 cents to $8.87.
Enable Midstream Partners dropped 3 cents or 0.64% to $4.69. Helmerich and Payne dropped 2.5% or 38 cents to $14.55. Laredo Petroleum dropped 9.52% or $1.20 to $11.41. Magellan Midstream Partners finished the week down 7 cents at $36.92.