Monday produced a down day for crude oil prices as well as Oklahoma energy stocks with one firm recording a 17% loss for the day.
Continued worries about China’s falling economy along with a stronger dollar took the momentum out of seven weeks of gains.
West Texas Intermediate crude finished down 68 cents or 0.82% at $82.51 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude fell 60 cents or 0.69% to close at $86.21 a barrel on ICE Futures Europe.
September natural gas rose 2 cents to $2.80 per 1,000 cubic feet.
It was a day of losses for most Oklahoma energy stocks with Mammoth Energy recording a drop of more than 17%.
Other energy stocks finished with losses, according to the Texas Energy Report.
APA Corp. (Apache) (APA) down 0.22 at 44.66 – change 0.50%
Cheniere (LNG) down 2.42 at 164.59 – change 1.45%
Chevron (CVX) down 0.12 at 164.03 – change 0.08%
ConocoPhillips (COP) down 0.12 at 117.69 – change 0.11%
Diamondback Energy (FANG) down 0.72 at 148.94 – change 0.49%
Energy Transfer LP (ET) down 0.04 at 12.72 – change 0.32%
Enterprise Products Partners (EPD) down 0.01 at 26.79 – change 0.04%
EOG Resources (EOG) down 0.85 at 131.47 – change 0.65%
ExxonMobil (XOM) up 0.09 at 111.92 – change 0.08%
Kinder Morgan (KMI) down 0.11 at 17.67 – change 0.62%
Marathon Oil Corp. (MRO) down 0.39 at 26.45 – change 1.46%
NOV Inc. (NOV) down 0.08 at 20.79 – change 0.39%
Occidental Petroleum (OXY) down 0.73 at 65.11 – change 1.11%
Phillips 66 (PSX) down 1.97 at 114.67 – change 1.69%
Pioneer Natural Resources (PXD) up 0.24 at 237.00 – change 0.10%
Tellurian Inc. (TELL) down 0.08 at 1.38 – change 5.48%
Valero (VLO) down 2.56 at 136.50 – change 1.85%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 1.12 at 80.00 – change 1.37%
CenterPoint (CNP) down 0.18 at 28.77 – change 0.63%
Entergy (ETR) up 0.02 at 96.33 – change 0.02%