Crude oil prices dropped again and so did OK energy stocks

As US Oil Prices Turn Negative, How Did Brokers Respond?

 

Growing worries that the global economy will only worsen because of China’s renewed COVID-19 restrictions sent crude oil prices slumping even more on Wednesday. Oklahoma energy prices ended up with a weak day of trading.

West Texas Intermediate crude for October delivery dropped $2.09  to $89.55 a barrel on the New York Mercantile Exchange.

Global Brent crude for October delivery fell $2.82 to $96.49 a barrel on ICE Futures Europe.

October natural gas rose 9 cents to $9.13 per 1,000 cubic feet.

Oklahoma energy stocks had a weak day in trading with a few seeing gains of 3% while PHX Energy lost more than 7%.

 

Alliance Resource Partners, L.P.
26.34 USD+0.85 (3.33%)
Chesapeake Energy Ord Shs
100.49 USD+2.60 (2.66%)
Continental Resources, Inc.
69.83 USD−0.24 (0.34%)
Coterra Energy Inc
30.91 USD+0.51 (1.69%)
Devon Energy Corp
70.62 USD−0.46 (0.65%)
Empire Petroleum Corporation
14.76 USD+0.065 (0.44%)
Gulfport Energy Corp
97.76 USD+2.71 (2.85%)
Helmerich & Payne, Inc.
42.75 USD+0.28 (0.66%)
LSB Industries, Inc.
15.78 USD+0.50 (3.27%)
Laredo Petroleum Inc
77.61 USD+1.29 (1.69%)
Magellan Midstream Partners, L.P.
51.63 USD−0.33 (0.64%)
Mammoth Energy Services Inc
4.14 USD+0.030 (0.73%)
Matrix Service Co
5.68 USD−0.10 (1.73%)
NGL Energy Partners LP
1.54 USD−0.0100 (0.65%)
OGE Energy Corp.
40.54 USD−0.22 (0.55%)
ONE Gas Inc
78.27 USD−0.73 (0.92%)
Ovintiv Inc
53.14 USD+0.31 (0.59%)
PHX Energy Services Corp
4.63 USD−0.36 (7.21%)
SandRidge Energy Inc.
20.98 USD+0.24 (1.16%)
Unit Corp
60.00 USD0.00 (0.00%)
Williams Companies Inc
34.03 USD−0.29 (0.84%)
 Oil prices down - for now
Just as crude oil prices fell, so did other energy stocks according to the Texas Energy Report.

Apache (APA) down 0.21 at 39.11 – change 0.54%

Cheniere (LNG) down 1.16 at 160.18 – change 0.72%

Chevron (CVX) down 2.56 at 158.06 – change 1.60%

ConocoPhillips (COP) down 1.05 at 109.45 – change 0.96%

Diamondback Energy (FANG) down 0.79 at 133.28 – change 0.59%

Energy Transfer LP (ET) down 0.10 at 11.71 – change 0.85%

Enterprise Products Partners (EPD) up 0.17 at 26.32 – change 0.65%

EOG Resources (EOG) down 0.57 at 121.30 – change 0.46%

ExxonMobil (XOM) down 0.72 at 95.59 – change 0.75%

Kinder Morgan (KMI) down 0.16 at 18.32 – change 0.87%

Marathon Oil Corp. (MRO) up 0.01 at 25.59 – change 0.03%

National Oilwell Varco (NOV) down 0.32 at 17.67 – change 1.78%

Occidental Petroleum (OXY) down 1.01 at 71.00 – change 1.41%

ONEOK (OKE) down 1.80 at 61.23 – change 2.86%

Phillips 66 (PSX) down 0.69 at 89.46 – change 0.77%

Pioneer Natural Resources (PXD) down 1.49 at 253.22 – change 2.59%

Tellurian Inc. (TELL) up 0.24 at 4.00 – change 6.38%

Valero (VLO) down 0.91 at 117.12 – change 0.78%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.14 at 100.20 – change 1.13%

CenterPoint (CNP) down 0.12 at 31.53 – change 0.38%

Entergy (ETR) down 1.55 at 115.30 – change 1.33%

 

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