Crude oil prices dropped Thursday and OK energy stocks did the same

Why crude oil prices keep falling and falling, in one simple chart - Vox

After rising above $90 a barrel in Thursday’s trading, crude oil prices finally settled lower as traders worried about the recession and what possible OPEC+ output cuts next week might do to the economy.

Oklahoma energy stocks had a bad day as most recorded losses.

West Texas Intermediate crude for November delivery fell 92 cents to finish at $81.23 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for November delivery finished down 83 cents at $88.49 on ICE Futures Europe.

November natural gas fell 9 cents to $6.87 per 1,000 cubic feet.

Most Oklahoma energy stocks suffered losses in Thursday’s trading with only a handful of firms recording weak gains for the day.

LSB Industries dropped 9% while Mammoth Energy fell 6% and ONE Gas lost 5%.

 

Alliance Resource Partners, L.P.
23.39 USD−0.60 (2.50%)
Chesapeake Energy Ord Shs
93.84 USD−1.65 (1.73%)
Continental Resources, Inc.
66.58 USD−0.40 (0.60%)
Coterra Energy Inc
25.97 USD−0.69 (2.59%)
Devon Energy Corp
60.97 USD+0.92 (1.53%)
Empire Petroleum Corporation
13.26 USD+0.11 (0.84%)
Gulfport Energy Corp
87.97 USD−1.47 (1.64%)
Helmerich & Payne, Inc.
37.53 USD−1.05 (2.72%)
LSB Industries, Inc.
14.25 USD−1.44 (9.18%)
Laredo Petroleum Inc
63.11 USD+0.79 (1.27%)
Magellan Midstream Partners, L.P.
47.82 USD−0.35 (0.73%)
Mammoth Energy Services Inc
3.14 USD−0.21 (6.27%)
Matrix Service Co
4.18 USD+0.22 (5.56%)
NGL Energy Partners LP
1.29 USD−0.020 (1.53%)
OGE Energy Corp.
37.42 USD−1.42 (3.66%)
ONE Gas Inc
72.25 USD−3.67 (4.83%)
ONEOK, Inc.
51.98 USD−0.96 (1.81%)
Ovintiv Inc
45.52 USD+0.81 (1.81%)
PHX Minerals Inc
3.21 USD−0.045 (1.38%)
SandRidge Energy Inc.
16.36 USD+0.090 (0.55%)
Unit Corp
54.00 USD+0.25 (0.47%)
Williams Companies Inc
28.96 USD−0.45 (1.53%)
oil prices today: Oil prices tick down as inflation woes take centre stage, Energy News, ET EnergyWorld
 Other energy stocks suffered the same kind of trading day according to the Texas Energy Report. 

Apache (APA) up 0.28 at 34.95 – change 0.80%

Cheniere (LNG) up 1.13 at 164.31 – change 0.69%

Chevron (CVX) down 1.01 at 144.77 – change 0.70%

ConocoPhillips (COP) up 0.66 at 103.66 – change 0.64%

Diamondback Energy (FANG) up 1.51 at 120.91 – change 1.26%

Energy Transfer LP (ET) down 0.15 at 10.97 – change 1.27%

Enterprise Products Partners (EPD) down 0.21 at 23.84 – change 0.88%

EOG Resources (EOG) up 1.24 at 112.97 – change 1.10%

ExxonMobil (XOM) down 0.18 at 88.68 – change 0.21%

Kinder Morgan (KMI) down 0.12 at 16.72 – change 0.72%

Marathon Oil Corp. (MRO) up 0.13 at 22.80 – change 0.57%

National Oilwell Varco (NOV) up 0.53 at 15.74 – change 3.48%

Occidental Petroleum (OXY) up 0.70 at 62.11 – change 1.13%

Phillips 66 (PSX) down 0.77 at 80.63 – change 0.95%

Pioneer Natural Resources (PXD) up 1.36 at 216.50 – change 0.63%

Tellurian Inc. (TELL) down 0.19 at 2.31 – change 7.57%

Valero (VLO) down 1.56 at 107.24 – change 1.44%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 4.49 at 89.07 – change 4.80%

CenterPoint (CNP) down 1.31 at 28.84 – change 4.35%

Entergy (ETR) down 5.20 at 102.63 – change 4.83%