Crude oil prices in the U.S. took a nearly $2 drop in trading on Wednesday and dragged Oklahoma energy stocks down with them.
West Texas Intermediate crude for December delivery dropped $1.99 and finished the day at $82.66 in trading on the New York Mercantile Exchange.
Global benchmark Brent crude, also for December delivery, fell $1.82 to close at $84.58 a barrel on ICE Futures Europe.
Meanwhile, November natural gas went up 32 cents to $6.20 per 1,000 cubic feet.
Otherwise, it was not a good day for trading of Oklahoma energy stocks. Only two firms managed to see gains for the day while companies like Continental Resources dropped nearly 7%, Laredo Petroleum fell 8% and Helmerich & Payne 6%.
Apache (APA) down 1.25 at 26.90 – change 4.45%
Cheniere (LNG) down 1.32 at 105.86 – change 1.24%
Chevron (CVX) down 2.03 at 112.07 – change 1.78%
ConocoPhillips (COP) down 2.14 at 74.43 – change 2.20%
Diamondback Energy (FANG) down 4.12 at 107.58 – change 3.68%
Energy Transfer LP (ET) down 0.13 at 9.73 – change 1.32%
Enterprise Products Partners (EPD) down 0.39 at 23.87 – change 1.61%
EOG Resources (EOG) down 1.96 at 93.04 – change 2.07%
ExxonMobil (XOM) down 1.71 at 64.13 – change 2.60%
Kinder Morgan (KMI) down 0.32 at 17.30 – change 1.82%
Marathon Oil Corp. (MRO) down 0.65 at 16.20 – change 3.86%
National Oilwell Varco (NOV) up 0.05 at 14.65 – change 0.34%
Occidental Petroleum (OXY) down 2.06 at 33.29 – change 5.83%
Phillips 66 (PSX) down 4.87 at 77.34 – change 5.93%
Pioneer Natural Resources (PXD) down 3.28 at 188.63 – change 1.71%
Valero (VLO) down 3.21 at 78.67 – change 3.93%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.12 at 84.30 – change 0.15%
CenterPoint (CNP) down 0.37 at 26.31 – change 1.39%
Entergy (ETR) down 0.79 at 103.11 – change 0.77%
