Crude oil prices hit 3-month low and took OK energy stocks with them

Oil prices plunge again to lowest in 20 years | Arab News

 

Growing worries about a possible recession resulted in crude oil prices tumbling Tuesday to a three-month low. At the same time, world stocks were mixed in trading as traders showed their concerns about the health of worldwide economies.

Oil prices ended down 4% while natural gas prices fell nearly 8%.

West Texas Intermediate crude for August delivery plunged $8.25 to settle at $95.84 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude for September crude also took a drive, dropping $7.61 to close at $99.49 a barrel on ICE Futures Europe.
August natural gas fell 27 cents to $6.16 per 1,000 cubic feet.
Losses ruled the day for Oklahoma energy with Helmerich & Paynye dropping 6% and SandRidge Energy 7%.
Blueknight Energy Partners LP Common Stock
4.56 USD+0.030 (0.66%)
Chesapeake Energy Ord Shs
78.70 USD−0.52 (0.66%)
Continental Resources, Inc.
62.96 USD−1.80 (2.78%)
Coterra Energy Inc
26.34 USD−0.040 (0.15%)
Devon Energy Corp
51.93 USD−1.38 (2.59%)
Empire Petroleum Corporation
10.06 USD+0.16 (1.62%)
Gulfport Energy Corp
75.01 USD−3.84 (4.87%)
Helmerich & Payne, Inc.
39.18 USD−2.44 (5.86%)
LSB Industries, Inc.
12.78 USD−0.23 (1.77%)
Laredo Petroleum Inc
65.19 USD−0.76 (1.15%)
Magellan Midstream Partners, L.P.
47.75 USD−0.54 (1.12%)
Mammoth Energy Services Inc
2.21 USD−0.030 (1.34%)
Matrix Service Co
4.53 USD−0.12 (2.58%)
NGL Energy Partners LP
1.43 USD+0.030 (2.14%)
OGE Energy Corp.
38.60 USD+0.060 (0.16%)
ONE Gas Inc
79.79 USD−0.030 (0.038%)
ONEOK, Inc.
55.00 USD−0.78 (1.40%)
Ovintiv Inc
40.27 USD−1.91 (4.53%)
PHX Minerals Inc
2.74 USD−0.070 (2.49%)
SandRidge Energy Inc.
15.24 USD−1.09 (6.67%)
Unit Corp
50.00 USD−0.80 (1.57%)
Williams Companies Inc
30.95 USD−0.81 (2.55%)
Recession, Fresh Lockdown Fears Plunge Oil Prices by 9% | Business Post Nigeria

Oklahoma energy stocks were not alone in recording losses for the day. So were others according to the Texas Energy Report.

Apache (APA) down 1.78 at 32.43 – change 5.21%

Cheniere (LNG) up 0.34 at 124.29 – change 0.27%

Chevron (CVX) down 2.59 at 138.91 – change 1.84%

ConocoPhillips (COP) down 2.10 at 83.45 – change 2.46%

Diamondback Energy (FANG) down 3.98 at 110.41 – change 3.48%

Energy Transfer LP (ET) down 0.05 at 9.68 – change 0.52%

Enterprise Products Partners (EPD) down 0.36 at 24.68 – change 1.44%

EOG Resources (EOG) down 4.21 at 99.49 – change 4.06%

ExxonMobil (XOM) down 1.14 at 84.50 – change 1.34%

Kinder Morgan (KMI) down 0.21 at 16.64 – change 1.25%

Marathon Oil Corp. (MRO) down 0.66 at 20.66 – change 3.10%

National Oilwell Varco (NOV) down 0.95 at 15.02 – change 5.95%

Occidental Petroleum (OXY) down 2.15 at 57.37 – change 3.62%

Phillips 66 (PSX) down 1.25 at 80.51 – change 1.53%

Pioneer Natural Resources (PXD) down 3.27 at 210.34 – change 1.54%

Tellurian Inc. (TELL) down 0.08 at 2.93 – change 2.34%

Valero (VLO) down 2.93 at 104.86 – change 2.72%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.64 at 94.37 – change 0.68%

CenterPoint (CNP) down 0.09 at 29.44 – change 0.31%

Entergy (ETR) up 0.20 at 110.98 – change 0.18%