Crude oil prices showed lack of energy in Tuesday’s trading

  • May 25, 2021

Factors affecting crude oil prices | AZ Big Media

 

Crude oil prices were far from energetic in Tuesday’s trading as U.S. benchmark crude rose only a few cents while overseas prices managed a slight increase.

West Texas Intermediate crude for July delivery rose 2 cents to reach $66.07 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for July delivery went up 19 cents to $68.65 a barrel in ICE Futures Europe.

June natural gas rose 2 cents to $2.91 per 1,000 cubic feet.

Some Oklahoma energy stocks suffered significant losses for the day. LSB Industries, Inc. lost 6.89% on a 45 cent fall to $6.08 per share.

Alliance Resource Partners, L.P. dropped 24 cents for a 3.94% loss to $5.85.
Blueknight Energy Partners LP increased one cent for a 0.25% gain to $4.05.
Chesapeake Energy slipped 11 cents for a 0.22% loss to $50.44.
Cimarex Energy Co. lost 0.79% on a 52 cent slide to $65.62.
Continental Resources Inc. lost 2.50% on an 80 cent fall to $31.14.
Cypress Environmental Partners LP fell 2 cents for a 0.93% loss to $2.13.
Devon Energy Corp. settled down 15 cents at $25.80 for a loss of 0.58%.
Enable Midstream Partners LP fell 30 cents for a 3.45% loss to $8.39.
Gulfport Energy lost  1.90% on a $1.20 fall to $61.80.
Helmerich & Payne, Inc. fell $1.06 to $27.57 for a 3.70% loss.
Laredo Petroleum Inc. took a $1.48 fall to $51.20 for a loss of 2.81%.
Magellan Midstream Partners, LP lost 2.35% on a fall of $1.17 to $48.52.
Mammoth Energy Services Inc dropped 4 cents for a 1.06% loss to $3.72.
Matrix Service Co lost 4.72% as shares fell 53 cents to $10.70.
NGL Energy Partners LP settled down 4 cents at $2.30 for a 1.71% loss.
OGE Energy Corp. dropped 18 cents to $33.73 for a 0.53% loss.
ONE Gas Inc. finished at $74.28 with a 2 cent fall and a loss of only 0.027%.
ONEOK Inc.’s shares fell $1.48 for a 2.73% loss to $52.66.
Ovintiv Inc finished at $25.17 with a 72 cent drop and a 2.78% loss.
PHX Minerals Inc. closed down 1 cent for a 0.35% loss to $2.81.
SandRidge Energy Inc. fell 24 cents for a 4.61% loss to $4.97.
Unit Corporation rose 25 cents for a 1.64% gain to $15.50.
Williams Companies Inc. fell 57 cents for a 2.15% loss to $25.94.
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 How did other energy stocks do? Here’s what the Texas Energy Report showed.

Cabot Oil & Gas (COG) down 0.15 at 16.45 – change 0.91%

Chevron (CVX) down 1.73 at 103.87 – change 1.64%

ConocoPhillips (COP) down 1.22 at 54.88 – change 2.18%

Diamondback Energy (FANG) down 1.82 at 75.48 – change 2.36%

Energy Transfer LP (ET) down 0.40 at 9.89 – change 3.89%

Enterprise Products Partners (EPD) down 0.46 at 23.45 – change 1.93%

EOG Resources (EOG) down 1.46 at 78.68 – change 1.83%

ExxonMobil (XOM) down 1.35 at 58.26 – change 2.27%

Kinder Morgan (KMI) down 0.29 at 18.54 – change 1.55%

Marathon Oil Corp. (MRO) down 0.31 at 11.66 – change 2.59%

National Oilwell Varco (NOV) down 0.30 at 15.99 – change 1.85%

Occidental Petroleum (OXY) down 0.82 at 24.62 – change 3.23%

Phillips 66 (PSX) down 2.28 at 83.23 – change 2.67%

Pioneer Natural Resources (PXD) down 3.32 at 148.32 – change 2.19%

Valero (VLO) down 0.98 at 77.33 – change 1.26%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.64 at 85.93 – change 0.74%

CenterPoint (CNP) down 0.09 at 24.94 – change 0.36%

Entergy (ETR) down 0.88 at 105.92 – change 0.83%

Jerry Bohnen