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%.
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%