Another tumble for Oklahoma energy stocks and crude oil prices

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Crude oil prices initially made gains Thursday as investors were optimistic that China’s removal of some anti-COVID restrictions might restore global supply chains. Then, they fell. So did Oklahoma energy stocks.

West Texas Intermediate crude for delivery in January dropped 55 cents a barrel or about 1% to close at $71.46 on the New York Mercantile Exchange.

Global benchmark Brent crude slid $1.02 or more than 1% to finish at $76.15 a barrel in trading on ICE Futures Europe.

January natural gas rose 24 cents or more than 4% to $5.96 per 1,000 cubic feet.

More losses were incurred Thursday by Oklahoma energy stocks including a 4% drop for Laredo Petroleum and 3% slips for Gulfport Energy Corp. and Ovintiv Inc.

 

Alliance Resource Partners, L.P.
21.60 USD−0.14 (0.64%)
Chesapeake Energy Ord Shs
94.11 USD−1.76 (1.84%)
Coterra Energy Inc
24.95 USD−0.54 (2.12%)
Devon Energy Corp
63.50 USD−0.75 (1.17%)
Empire Petroleum Corp
11.46 USD−0.20 (1.72%)
Gulfport Energy Corp
68.63 USD−2.02 (2.86%)
Helmerich & Payne, Inc.
46.17 USD+0.60 (1.32%)
LSB Industries Inc
14.43 USD+0.030 (0.21%)
Laredo Petroleum Inc
50.36 USD−2.01 (3.84%)
Magellan Midstream Partners LP
49.75 USD−0.62 (1.23%)
Mammoth Energy Services Inc
5.58 USD−0.070 (1.24%)
Matrix Service Co
5.66 USD−0.050 (0.88%)
NGL Energy Partners LP
1.18 USD+0.020 (1.72%)
OGE Energy Corp.
40.03 USD+0.56 (1.42%)
ONE Gas Inc
77.07 USD+0.85 (1.12%)
ONEOK, Inc.
64.12 USD+0.27 (0.42%)
Ovintiv Inc
48.33 USD−1.67 (3.34%)
PHX Minerals Inc
3.38 USD−0.050 (1.46%)
SandRidge Energy Inc
17.70 USD−0.030 (0.17%)
Unit Corp
55.25 USD−0.050 (0.090%)
Williams Companies Inc
32.91 USD−0.46 (1.36%)
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Other energy stocks saw declines too according to the Texas Energy Report.

Apache (APA) down 0.89 at 42.77 – change 2.04%

Cheniere (LNG) down 5.28 at 163.10 – change 3.19%

Chevron (CVX) up 1.02 at 173.54 – change 0.59%

ConocoPhillips (COP) down 2.28 at 112.60 – change 1.99%

Diamondback Energy (FANG) down 3.68 at 132.88 – change 2.70%

Energy Transfer LP (ET) down 0.21 at 11.70 – change 1.77%

Enterprise Products Partners (EPD) unchanged at 23.86 – change 0.00%

EOG Resources (EOG) down 1.59 at 124.57 – change 1.27%

ExxonMobil (XOM) up 0.77 at 104.42 – change 0.74%

Kinder Morgan (KMI) down 0.27 at 17.77 – change 1.50%

Marathon Oil Corp. (MRO) down 0.57 at 26.84 – change 2.08%

National Oilwell Varco (NOV) up 0.03 at 20.30 – change 0.14%

Occidental Petroleum (OXY) down 0.24 at 63.71 – change 0.38%

Phillips 66 (PSX) down 2.11 at 100.90 – change 2.05%

Pioneer Natural Resources (PXD) down 8.10 at 221.28 – change 3.54%

Tellurian Inc. (TELL) down 0.01 at 2.20 – change 0.46%

Valero (VLO) down 3.29 at 16.90- change 2.74%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.05 at 97.72 – change 1.08%

CenterPoint (CNP) down 0.04 at 30.35 – change 0.14%

Entergy (ETR) up 1.00 at 117.00 – change 0.86%