Another drop in crude oil prices

Effect of falling crude oil prices on packaging industries

 

Crude oil prices took another tumble on Tuesday and Oklahoma energy stocks for the most part did the same.

West Texas Intermediate crude for September delivery finished down 26 cents at $71.65 a barrel.

Global benchmark Brent crude for September delivery fell 2 cents to settle at $74.48 a barrel in trading on ICE Futures Europe.

The drop in prices also led Oklahoma energy stocks down the same path with Laredo Petroleum sliding nearly 7%. A few stocks such as OGE and ONE Gas managed slight gains.

Alliance Resource Partners, L.P.
NASDAQ: ARLP

7.81 USD +0.030 (0.39%)

Blueknight Energy Partners LP 
NASDAQ: BKEP

3.64 USD −0.040 (1.09%)

Chesapeake Energy 
NASDAQ: CHK

54.96 USD −0.22 (0.40%)

Cimarex Energy Co
NYSE: XEC

64.52 USD −1.65 (2.49%)

Continental Resources, Inc.
NYSE: CLR

34.24 USD −1.14 (3.22%)

Cypress Environmental Partners LP
NYSE: CELP

2.05 USD −0.012 (0.57%)

Devon Energy Corp
NYSE: DVN

25.94 USD −0.71 (2.66%)

Enable Midstream Partners LP
NYSE: ENBL

8.39 USD −0.20 (2.33%)

Gulfport Energy Operating Corp
NYSE: GPOR

66.88 USD −0.61 (0.90%)

Helmerich & Payne, Inc.
NYSE: HP

29.40 USD −0.49 (1.64%)

 LSB Industries, Inc.
NYSE: LXU

8.18 USD −0.27 (3.20%)

Laredo Petroleum Inc
NYSE: LPI

53.89 USD −4.01 (6.93%)

Magellan Midstream Partners, L.P.
NYSE: MMP

47.54 USD −0.33 (0.69%)

Mammoth Energy Services Inc
NASDAQ: TUSK

4.00 USD −0.18 (4.31%)

Matrix Service Co
NASDAQ: MTRX

10.66 USD +0.030 (0.28%)

 NGL Energy Partners LP
NYSE: NGL

1.98 USD −0.015 (0.75%)

OGE Energy Corp.
NYSE: OGE

34.22 USD +0.49 (1.45%)

ONE Gas Inc
NYSE: OGS

75.71 USD +1.85 (2.50%)

ONEOK, Inc.
NYSE: OKE

52.92 USD −0.91 (1.69%)

Ovintiv Inc
NYSE: OVV

27.18 USD −1.05 (3.72%)

PHX Minerals Inc
NYSE: PHX

3.01 USD −0.080 (2.59%)

SandRidge Energy Inc.
NYSE: SD

5.80 USD −0.060 (1.02%)

Unit Corp
OTCMKTS: UNTC

20.01 USD +0.12 (0.62%)

Williams Companies Inc
NYSE: WMB

25.27 USD −0.32 (1.25%)

Crude Oil Prices – CBS Philly

Other energy stocks suffered losses too according to the Texas Energy Report.

Cabot Oil & Gas (COG) down 0.31 at 15.87 – change 1.92%

Chevron (CVX) down 0.34 at 100.61 – change 0.34%

ConocoPhillips (COP) down 0.54 at 56.33 – change 0.95%

Diamondback Energy (FANG) down 1.70 at 78.55 – change 2.12%

Energy Transfer LP (ET) down 0.29 at 9.75 – change 2.80%

Enterprise Products Partners (EPD) down 0.35 at 23.65 – change 1.46%

EOG Resources (EOG) down 1.44 at 72.73 – change 1.95%

ExxonMobil (XOM) down 0.65 at 57.83 – change 1.12%

Kinder Morgan (KMI) down 0.08 at 17.75 – change 0.45%

Marathon Oil Corp. (MRO) down 0.46 at 11.37 – change 3.89%

National Oilwell Varco (NOV) down 0.19 at 14.06 – change 1.37%

Occidental Petroleum (OXY) down 0.86 at 26.26 – change 3.18%

Phillips 66 (PSX) up 0.22 at 74.54 – change 0.29%

Pioneer Natural Resources (PXD) down 1.98 at 142.68 – change 1.37%

Valero (VLO) up 0.04 at 65.58 – change 0.06%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.71 at 89.39 – change 1.95%

CenterPoint (CNP) up 0.34 at 25.69 – change 1.34%

Entergy (ETR) up 1.56 at 105.34 – change 1.50%