Crude oil prices drop and take OK energy stocks with them

Oil prices down 2% despite a sudden drop in US crude stocks | Debriefer

 

Crude oil prices in the U.S. took a nearly $2 drop in trading on Wednesday and dragged Oklahoma energy stocks down with them.

West Texas Intermediate crude for December delivery dropped $1.99 and finished the day at $82.66 in trading on the New York Mercantile Exchange.

Global benchmark Brent crude, also for December delivery, fell $1.82 to close at $84.58 a barrel on ICE Futures Europe.

Meanwhile, November natural gas went up 32 cents to $6.20 per 1,000 cubic feet.

Otherwise, it was not a good day for trading of Oklahoma energy stocks. Only two firms managed to see gains for the day while companies like Continental Resources dropped nearly 7%, Laredo Petroleum fell 8% and Helmerich & Payne 6%.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP
12.27 USD −0.30 (2.39%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.31 USD +0.020 (0.61%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
66.21 USD −1.37 (2.03%)
Continental Resources, Inc.
NYSE: CLR
48.53 USD −3.47 (6.67%)
Coterra Energy Inc
NYSE: CTRA
22.11 USD −0.36 (1.60%)
Cypress Environmental Partners LP
NYSE: CELP
1.64 USD −0.080 (4.65%)
Devon Energy Corp
NYSE: DVN
39.61 USD −1.90 (4.58%)
Enable Midstream Partners LP
NYSE: ENBL
8.30 USD −0.13 (1.54%)
Gulfport Energy Corp
NYSE: GPOR
84.00 USD −0.74 (0.87%)
Helmerich & Payne, Inc.
NYSE: HP
31.77 USD −1.90 (5.64%)
LSB Industries, Inc.
NYSE: LXU
8.67 USD −0.28 (3.13%)
Laredo Petroleum Inc
NYSE: LPI
78.17 USD −6.96 (8.18%)
Magellan Midstream Partners, L.P.
NYSE: MMP
49.37 USD −0.030 (0.061%)
Mammoth Energy Services Inc
NASDAQ: TUSK
3.35 USD −0.040 (1.18%)
Matrix Service Co
NASDAQ: MTRX
10.51 USD +0.050 (0.48%)
NGL Energy Partners LP
NYSE: NGL
2.36 USD −0.060 (2.48%)
OGE Energy Corp.
NYSE: OGE
34.05 USD −0.21 (0.61%)
ONE Gas Inc
NYSE: OGS
67.24 USD −1.24 (1.81%)
ONEOK, Inc.
NYSE: OKE
65.21 USD −0.64 (0.97%)
Ovintiv Inc
NYSE: OVV
37.82 USD −1.67 (4.22%)
PHX Minerals Inc
NYSE: PHX
3.08 USD −0.090 (2.84%)
SandRidge Energy Inc.
NYSE: SD
12.34 USD −0.40 (3.14%)
Units Ord Shs
OTCMKTS: UNTC
34.01 USD −0.010 (0.029%)
Williams Companies Inc
NYSE: WMB
28.30 USD −0.28 (0.98%)
Crude oil: Crude seen hitting $150 level, and oil investors are to be blamed, Energy News, ET EnergyWorld
 A lot of other energy stocks were down according to the Texas Energy Report.

Apache (APA) down 1.25 at 26.90 – change 4.45%

Cheniere (LNG) down 1.32 at 105.86 – change 1.24%

Chevron (CVX) down 2.03 at 112.07 – change 1.78%

ConocoPhillips (COP) down 2.14 at 74.43 – change 2.20%

Diamondback Energy (FANG) down 4.12 at 107.58 – change 3.68%

Energy Transfer LP (ET) down 0.13 at 9.73 – change 1.32%

Enterprise Products Partners (EPD) down 0.39 at 23.87 – change 1.61%

EOG Resources (EOG) down 1.96 at 93.04 – change 2.07%

ExxonMobil (XOM) down 1.71 at 64.13 – change 2.60%

Kinder Morgan (KMI) down 0.32 at 17.30 – change 1.82%

Marathon Oil Corp. (MRO) down 0.65 at 16.20 – change 3.86%

National Oilwell Varco (NOV) up 0.05 at 14.65 – change 0.34%

Occidental Petroleum (OXY) down 2.06 at 33.29 – change 5.83%

Phillips 66 (PSX) down 4.87 at 77.34 – change 5.93%

Pioneer Natural Resources (PXD) down 3.28 at 188.63 – change 1.71%

Valero (VLO) down 3.21 at 78.67 – change 3.93%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.12 at 84.30 – change 0.15%

CenterPoint (CNP) down 0.37 at 26.31 – change 1.39%

Entergy (ETR) down 0.79 at 103.11 – change 0.77%

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