Crude oil prices and Oklahoma energy stocks slid on Monday

  • January 10, 2022

What is Driving the Oil Price Down? | Rigzone

 

Crude oil prices started off the trading week with a drop in both the U.S. and overseas markets and Oklahoma energy stocks followed suit.

West Texas Intermediate crude for February delivery took a 67-cent plunge to $78.23 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for March delivery fell 88 cents to settle at $80.87 a barrel on ICE Futures Europe.

Natural gas for February managed a 16-cent increase to $4.08 per 1,000 cubic feet.

Many Oklahoma energy stocks also suffered on Monday with Laredo Petroleum sliding nearly 6% on the day, the biggest decline of any of the local stocks.

Alliance Resource Partners, L.P

13.73 USD−0.050 (0.36%)

Blueknight Energy Partners LP Common Stock
3.23 USD−0.090 (2.71%)
Chesapeake Energy Ord Shs
70.20 USD+0.90 (1.30%)
Continental Resources, Inc.
48.69 USD−0.72 (1.46%)
Coterra Energy Inc
21.36 USD−0.19 (0.88%)
Cypress Environmental Partners LP
1.25 USD+0.020 (1.63%)
Devon Energy Corp
48.50 USD−0.39 (0.80%)
Gulfport Energy Corp
76.00 USD−0.29 (0.38%)
Helmerich & Payne, Inc.
28.06 USD+0.28 (1.01%)
LSB Industries, Inc.
10.25 USD−0.060 (0.58%)
Laredo Petroleum Inc
67.29 USD−4.16 (5.82%)
Magellan Midstream Partners, L.P.
47.80 USD+0.25 (0.53%)
Mammoth Energy Services Inc
1.97 USD0.00 (0.00%)
Matrix Service Co
7.68 USD−0.31 (3.88%)
NGL Energy Partners LP
2.18 USD+0.0100 (0.46%)
OGE Energy Corp.
37.54 USD+0.020 (0.053%)
ONE Gas Inc
79.31 USD+0.34 (0.43%)
ONEOK, Inc.
60.78 USD−1.69 (2.71%)
Ovintiv Inc
38.13 USD+0.32 (0.85%)
 PHX Minerals Inc
2.31 USD−0.0100 (0.43%)
SandRidge Energy Inc.
10.69 USD−0.20 (1.84%)
Units Ord Shs
30.00 USD−0.50 (1.64%)
Williams Companies Inc
27.95 USD−0.060 (0.21%)
Why crude oil prices keep falling and falling, in one simple chart - Vox
 Several other energy stocks fell on Monday according to the Texas Energy Report including Marathon Oil with a nearly 3% fall and Occidental Petroleum and Phillips 66 with about 2% tumbles.

Apache (APA) down 0.25 at 29.42 – change 0.85%

Cheniere (LNG) down 0.57 at 107.95 – change 0.53%

Chevron (CVX) up 0.08 at 125.11 – change 0.06%

ConocoPhillips (COP) up 0.39 at 81.03 – change 0.48%

Diamondback Energy (FANG) down 0.17 at 121.35 – change 0.14%

Energy Transfer LP (ET) down 0.12 at 9.11 – change 1.30%

Enterprise Products Partners (EPD) up 0.16 at 23.56 – change 0.68%

EOG Resources (EOG) down 0.10 at 98.06 – change 0.11%

ExxonMobil (XOM) down 0.41 at 68.47 – change 0.60%

Kinder Morgan (KMI) up 0.16 at 17.43 – change 0.92%

Marathon Oil Corp. (MRO) down 0.50 at 17.73 – change 2.75%

National Oilwell Varco (NOV) up 0.13 at 15.21 – change 0.86%

Occidental Petroleum (OXY) down 0.83 at 32.38 – change 2.50%

Phillips 66 (PSX) up 1.90 at 83.86 – change 2.31%

Pioneer Natural Resources (PXD) up 0.05 at 199.12 – change 0.02%

Valero (VLO) up 0.03 at 81.03 – change 0.03%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.30 at 90.50 – change 0.34%

CenterPoint (CNP) up 0.03 at 27.69 – change 0.10%

Entergy (ETR) down 0.43 at 111.70 – change 0.39%

Jerry Bohnen