Friday was a weak day for crude oil and Oklahoma energy stocks

Oil Prices Fall Amid Expected Rise In US Supplies | Business Post Nigeria

Not only did oil prices fall by more than a dollar a barrel on Friday, but Oklahoma energy stocks tumbled as well, some as much as 4%.

Crude made its second straight weekly decline after Saudi Arabia’s decision last weekend to cut output and disappointing Chinese data added to doubts about demand growth.

West Texas Intermediate crude dropped $1.12 a barrel or 1.6% to close at $70.17 on the New York Mercantile Exchange.

Brent crude, the global benchmark, fell $1.17 or 1.5% and finished at $74.79 a barrel on ICE Futures Europe.

 July natural gas fell 10 cents to $2.25 per 1,000 cubic feet.

Friday proved to be a weak day of trading for Oklahoma energy stocks.

Williams and Vital Energy each fell 4% and SandRidge Energy slipped 3%.

Alliance Resource Partners, L.P.
17.91 USD−0.23 
Canoo Inc
0.52 USD-0.01 
 Chesapeake Energy Ord Shs
79.90 USD−1.48 
Coterra Energy Inc
24.57 USD+0.020 
Devon Energy Corp
49.87 USD−0.15 
 Empire Petroleum Corp
11.73 USD−0.10 
Gulfport Energy Corp
101.04 USD−0.88 
Helmerich & Payne, Inc.
34.80 USD−0.23 
LSB Industries Inc
10.24 USD−0.25 
Magellan Midstream Partners LP
60.06 USD−1.52 
Mammoth Energy Services Inc
4.27 USD0.00 
Matrix Service Co
5.81 USD−0.090 
NGL Energy Partners LP
3.86 USD+0.050 
OGE Energy Corp.
36.25 USD−0.28 
ONE Gas Inc
82.22 USD−0.35 
ONEOK, Inc.
59.84 USD−0.87 
Ovintiv Inc
37.72 USD−0.29 
PHX Minerals Inc
3.01 USD+0.020 
SandRidge Energy Inc
14.57 USD−0.40 
Unit Corp
50.20 USD+0.33 
Vital Energy Inc
44.53 USD−1.62 
Williams Companies Inc
30.39 USD−1.31 
Crude Oil Prices Settle Lower as European Banking Shares Fall; U.S. Energy Secretary Dampens Demand Prospects
Many other energy stocks also recorded a down Friday according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.59 at 33.40 – change 1.74%

Cheniere (LNG) down 0.19 at 147.13 – change 0.13%

Chevron (CVX) down 0.38 at 158.86 – change 0.24%

ConocoPhillips (COP) down 0.65 at 103.89 – change 0.63%

Diamondback Energy (FANG) down 1.06 at 132.28 – change 0.80%

Energy Transfer LP (ET) down 0.15 at 12.74 – change 1.17%

Enterprise Products Partners (EPD) down 0.29 at 26.01 – change 1.11%

EOG Resources (EOG) up 0.10 at 116.25 – change 0.08%

ExxonMobil (XOM) down 0.80 at 107.39 – change 0.74%

Kinder Morgan (KMI) down 0.29 at 17.03 – change 1.68%

Marathon Oil Corp. (MRO) down 0.40 at 23.55 – change 1.68%

NOV Inc. (NOV) down 0.35 at 15.48 – change 2.22%

Occidental Petroleum (OXY) down 0.39 at 59.32 – change 0.66%

Phillips 66 (PSX) down 0.38 at 98.76 – change 0.39%

Pioneer Natural Resources (PXD) down 2.23 at 204.80 – change 1.08%

Tellurian Inc. (TELL) down 0.01 at 1.27 – change 0.79%

Valero (VLO) up 0.95 at 113.39 – change 0.84%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.00 at 83.68 – change 1.19%

CenterPoint (CNP) down 0.19 at 28.95 – change 0.66%

Entergy (ETR) down 0.06 at 101.44 – change 0.06%