Buildup in crude oil storage sent prices down on Thursday

Thursday brought early gains for crude oil prices, but they were beaten down by news of a large gain in U.S. crude stockpiles. Oklahoma energy stocks performed weakly for the day.

West Texas Intermediate crude dropped 58 cents to $82.91 a barrel on the New York Mercantile Exchange, but only after climbing more than $1 a barrel early in the session.

Brent futures, considered the world benchmark, rose 18 cents and closed at $86 a barrel on ICE Futures Europe.

Natural gas didn’t have a strong day and fell 4 cents to $3.34 per 1,000 cubic feet.

It also proved to be more of a “down” day for Oklahoma energy stocks.

Alliance Resource Partners, L.P.
22.95 USD+0.12 
Canoo Inc
0.34 USD−0.031 
Chesapeake Energy Ord Shs
88.92 USD+0.72 
Coterra Energy Inc
28.57 USD+0.32 
Devon Energy Corp
46.69 USD−0.060 
Empire Petroleum Corp
8.95 USD+0.020 
Gulfport Energy Corp
122.63 USD−0.77 
 LSB Industries Inc
10.23 USD−0.17 
Mammoth Energy Services Inc
4.38 USD−0.11 
Matrix Service Co
11.78 USD−0.33 
NGL Energy Partners LP
4.00 USD+0.040 
OGE Energy Corp
33.86 USD−0.15 
ONE Gas Inc
68.34 USD−0.83 
ONEOK, Inc.
68.10 USD+0.65 
Ovintiv Inc
48.52 USD−0.100 
PHX Minerals Inc
3.64 USD−0.045 
SandRidge Energy Inc
15.70 USD+0.040 
Unit Corp
53.75 USD−0.020 
Vital Energy Inc
53.69 USD−0.24 
Williams Companies Inc
34.80 USD+0.11 

Many other energy stocks recorded gains for the day, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.28 at 39.22 – change 0.74%

Cheniere (LNG) up 1.83 at 174.22 – change 1.06%

Chevron (CVX) up 0.13 at 161.22 – change 0.08%

ConocoPhillips (COP) up 1.07 at 121.11 – change 0.89%

Diamondback Energy (FANG) up 3.51 at 162.36 – change 2.20%

Energy Transfer LP (ET) up 0.01 at 13.77 – change 0.07%

Enterprise Products Partners (EPD) up 0.07 at 27.44 – change 0.25%

EOG Resources (EOG) up 1.59 at 128.96 – change 1.24%

Exxon Mobil (XOM) down 0.02 at 106.47 – change 0.02%

Kinder Morgan (KMI) up 0.06 at 16.91 – change 0.35%

Marathon Oil Corp. (MRO) up 0.31 at 26.80 – change 1.17%

NOV Inc. (NOV) down 0.29 at 19.87 – change 1.39%

Occidental Petroleum (OXY) down 0.13 at 63.22 – change 0.21%

Phillips 66 (PSX) down 1.38 at 110.75 – change 1.24%

Pioneer Natural Resources (PXD) down 0.46 at 240.36 – change 0.20%

Tellurian Inc. (TELL) down 0.10 at 0.89 – change 9.36%

Valero (VLO) down 3.37 at 126.23 – change 2.61%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.80 at 73.48 – change 2.40%

CenterPoint (CNP) down 0.22 at 27.53 – change 0.80%

Entergy (ETR) down 1.37 at 93.59 – change 1.45%