For a second straight day, crude oil prices dropped in the U.S. as U.S. crude inventories rose more than expected. It left Oklahoma energy stocks mixed…some rose and some reported losses.
Crude stockpiles went up by 4.6 million barrels last week causing West Tuesday Intermediate crude for November delivery to slide down 46 cents or 0.6% to $74.83 a barrel.
Global benchmark Brent crude dropped 45 cents to $78.64 a barrel after hitting $80 a barrel in Tuesday’s trading.
The slide in crude prices left Oklahoma energy stocks mixed on Wednesday. Unit Corporation saw a more than 7% gain and Cypress Environmental rose a strong 6%.
Apache (APA) down 0.42 at 21.27 – change 1.94%
Cabot Oil & Gas (COG) up 0.73 at 22.55 – change 3.34%
Cheniere (LNG) up 0.66 at 97.59 – change 0.68%
Chevron (CVX) down 0.03 at 103.33 – change 0.03%
ConocoPhillips (COP) up 0.24 at 68.04 – change 0.35%
Diamondback Energy (FANG) up 1.07 at 96.05 – change 1.12%
Energy Transfer LP (ET) up 0.07 at 9.58 – change 0.73%
Enterprise Products Partners (EPD) up 0.10 at 21.88 – change 0.45%
EOG Resources (EOG) up 0.84 at 82.57 – change 1.02%
ExxonMobil (XOM) down 0.04 at 59.88 – change 0.07%
Kinder Morgan (KMI) up 0.03 at 16.92 – change 0.17%
Marathon Oil Corp. (MRO) up 0.03 at 13.79 – change 0.21%
National Oilwell Varco (NOV) down 0.08 at 13.37 – change 0.53%
Occidental Petroleum (OXY) up 0.13 at 30.03 – change 0.43%
Phillips 66 (PSX) down 0.95 at 69.95 – change 1.34%
Pioneer Natural Resources (PXD) up 1.32 at 170.30 – change 0.78%
Valero (VLO) down 0.86 at 70.31 – change 1.21%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.89 at 82.17 – change 1.09%
CenterPoint (CNP) up 0.16 at 25.11 – change 0.64%
Entergy (ETR) up 1.48 at 100.74 – change 1.49%