Crude oil trading turned stale on Tuesday and OK energy stocks were mixed

Stocks, Oil Fall on Growth Concerns - WSJ

 

A day after crude oil prices rose $5 a barrel, they were near flat in Tuesday’s trading and Oklahoma energy stocks that soared on Monday were mixed with losses and gains.

West Texas Intermediate crude responded with a 29 cent increase and settled at $80.71 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude managed at one cent gain to finish at $84.94 a barrel on ICE Futures Europe.

May natural gas rose 1 cent to $2.11 per 1,000 cubic feet.

The big rally on Monday was sparked by an output target cut announced by the Organization of the Petroleum Exporting Countries and its partners.

Oklahoma energy stocks on Tuesday lost their glow from the large gains recorded on Monday. Mammoth Energy Services fell nearly 6% but there was one exception—Empire Petroleum Corporation gained more than 7%.

 

Alliance Resource Partners, L.P.
20.24 USD−0.53 
Canoo Inc
0.59 USD−0.025 
Chesapeake Energy Ord Shs
76.31 USD−0.56 
Coterra Energy Inc
25.10 USD−0.020 
Devon Energy Corp
52.74 USD−0.57 
 Empire Petroleum Corp
13.25 USD+0.89 
Gulfport Energy Corp
79.44 USD+0.070 
Helmerich & Payne, Inc.
37.53 USD−0.90 
Magellan Midstream Partners LP
53.83 USD−0.74 
Mammoth Energy Services Inc
4.40 USD−0.27 
 Matrix Service Co
5.51 USD−0.11 
NGL Energy Partners LP
3.19 USD−0.0050 
OGE Energy Corp.
37.54 USD+0.31 
ONE Gas Inc
78.95 USD+0.48 
ONEOK, Inc.
65.04 USD−0.020 
Ovintiv Inc
39.14 USD−1.21 
PHX Minerals Inc
2.60 USD−0.12 
SandRidge Energy Inc
15.22 USD−0.040 
Unit Corp
44.45 USD+0.55 
Vital Energy Inc
49.99 USD−0.82 
Williams Companies Inc
29.67 USD−0.18 
What Causes Oil Prices to Fluctuate?
Many other energy stocks recorded losses for the day according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 1.11 at 38.10 – change 2.81%

Cheniere (LNG) down 4.66 at 153.50 – change 2.95%

Chevron (CVX) down 0.91 at 169.04 – change 0.54%

ConocoPhillips (COP) down 2.12 at 106.30 – change 1.96%

Diamondback Energy (FANG) down 2.78 at 141.65 – change 1.93%

Energy Transfer LP (ET) down 0.08 at 12.75 – change 0.55%

Enterprise Products Partners (EPD) up 0.05 at 26.16 – change 0.19%

EOG Resources (EOG) down 1.79 at 119.62 – change 1.48%

ExxonMobil (XOM) down 1.12 at 115.02 – change 0.96%

Kinder Morgan (KMI) down 0.18 at 17.48 – change 1.02%

Marathon Oil Corp. (MRO) down 0.60 at 25.73 – change 2.28%

NOV Inc. (NOV) down 0.61 at 18.43 – change 3.21%

Occidental Petroleum (OXY) down 0.35 at 64.83 – change 0.54%

Phillips 66 (PSX) down 4.63 at 98.28 – change 4.50%

Pioneer Natural Resources (PXD) down 2.61 at 210.76 – change 1.23%

Tellurian Inc. (TELL) up 0.02 at 1.27 – change 1.60%

Valero (VLO) down 11.10 at 127.43 – change 8.02%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.27 at 91.17 – change 0.29%

CenterPoint (CNP) up 0.09 at 29.44 – change 0.30%

Entergy (ETR) up 0.30 at 107.48 – change 0.27%