Crude oil and OK energy stocks slipped in Thursday’s trading

Why crude oil prices keep falling and falling, in one simple chart - Vox

 

Crude oil prices fell in Thursday’s trading but remained above the $82 a barrel level in the U.S. and higher than $84 overseas. At the same time, Oklahoma energy stocks had a weak day in trading.

West Texas Intermediate crude for February delivery slipped 52 cents to finish at $82.12 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for March delivery dropped 20 cents and closed at $84.47 a barrel in trading on ICE Futures Europe.

February natural gas tumbled 59 cents to settle at $4.27 per 1,000 cubic feet.

With a few exceptions, most Oklahoma energy stocks had a weak performance on Thursday including Chesapeake Energy with a 4% drop and Cypress Environmental falling about 6%. Mammoth Energy lost 7%.

 

Alliance Resource Partners, L.P.
14.41 USD−0.26 (1.77%)
Blueknight Energy Partners LP Common Stock
3.40 USD+0.15 (4.62%)
Chesapeake Energy Ord Shs
70.10 USD−3.01 (4.12%)
Continental Resources, Inc.
50.38 USD−0.97 (1.89%)
Coterra Energy Inc
21.84 USD−0.70 (3.11%)
Cypress Environmental Partners LP
1.13 USD−0.080 (6.61%)
Devon Energy Corp
49.64 USD−0.25 (0.50%)
Gulfport Energy Corp
75.43 USD−2.57 (3.29%)
Helmerich & Payne, Inc.
28.88 USD+0.32 (1.12%)
LSB Industries, Inc.
10.87 USD−0.050 (0.46%)
Laredo Petroleum Inc
70.09 USD−2.90 (3.97%)
Magellan Midstream Partners, L.P.
48.78 USD+0.15 (0.31%)
Mammoth Energy Services Inc
1.99 USD−0.15 (7.01%)
Matrix Service Co
7.96 USD+0.18 (2.31%)
NGL Energy Partners LP
2.14 USD−0.11 (4.89%)
OGE Energy Corp.
37.57 USD+0.30 (0.80%)
ONE Gas Inc
79.32 USD+1.07 (1.37%)
ONEOK, Inc.
61.65 USD−0.85 (1.36%)
Ovintiv Inc
38.73 USD−0.61 (1.55%)
PHX Minerals Inc
2.58 USD+0.050 (1.98%)
SandRidge Energy Inc.
11.23 USD−0.98 (8.03%)
Units Ord Shs
33.70 USD+0.74 (2.25%)
Williams Companies Inc
28.93 USD−0.27 (0.92%)
Covid-19 continues to drag oil prices down
Other energy stocks also performed poorly on Thursday according to the Texas Energy Report. 

Apache (APA) down 0.57 at 32.09 – change 1.72%

Cheniere (LNG) down 1.59 at 112.71 – change 1.40%

Chevron (CVX) down 0.53 at 126.80 – change 0.42%

ConocoPhillips (COP) down 0.78 at 83.62 – change 0.93%

Diamondback Energy (FANG) down 0.49 at 124.08 – change 0.40%

Energy Transfer LP (ET) down 0.19 at 9.44 – change 1.98%

Enterprise Products Partners (EPD) down 0.25 at 23.83 – change 1.04%

EOG Resources (EOG) down 0.02 at 102.00 – change 0.02%

ExxonMobil (XOM) down 0.51 at 70.63 – change 0.72%

Kinder Morgan (KMI) down 0.08 at 17.57 – change 0.46%

Marathon Oil Corp. (MRO) down 0.15 at 18.57 – change 0.75%

National Oilwell Varco (NOV) up 0.37 at 16.21 – change 2.33%

Occidental Petroleum (OXY) down 0.60 at 34.15 – change 1.73%

Phillips 66 (PSX) up 0.48 at 86.78 – change 0.55%

Pioneer Natural Resources (PXD) up 2.39 at 207.30 – change 1.16%

Valero (VLO) down 1.01 at 83.36 – change 1.20%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.56 at 90.86 – change 0.63%

CenterPoint (CNP) up 0.13 at 27.55 – change 0.47%

Entergy (ETR) up 1.40 at 110.64 – change 1.28%

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