Thursday brought another day of losses for crude oil prices while Oklahoma energy stocks eaked out some minor gains. Crude was down to its lowest prices in two weeks as Israel agreed to delay a possible ground invasion of Gaza until later in the week.
Both WTI and Brent crude fell more than 2% in the day’s trading.
West Texas Intermediate crude for December delivery dropped $2.18 to close at $83.21 a barrel on the New York Mercantile Exchange.
Brent crude, the global benchmark, finished down $2.20 at $87.93 a barrel on ICE Futures Europe.
November natural gas rose 20 cents to $3.21 per 1,000 cubic feet.
Most Oklahoma energy stocks recorded gains in Thursday’s trading. However, they were modest increases at best. One company, Helmerich & Payne recorded a nearly 3% loss for the day.
Cheniere (LNG) down 0.10 at 167.85 – change 0.06%
Chevron (CVX) down 1.13 at 154.75 – change 0.72%
ConocoPhillips (COP) down 2.10 at 118.31 – change 1.75%
Diamondback Energy (FANG) down 2.96 at 161.72 – change 1.80%
Energy Transfer LP (ET) down 0.12 at 13.57 – change 0.88%
Enterprise Products Partners (EPD) down 0.30 at 27.16 – change 1.10%
EOG Resources (EOG) down 1.79 at 127.94 – change 1.38%
Exxon Mobil (XOM) down 0.99 at 107.60 – change 0.92%
Kinder Morgan (KMI) down 0.09 at 16.70 – change 0.54%
Marathon Oil Corp. (MRO) down 0.42 at 27.70 – change 1.50%
NOV Inc. (NOV) down 0.35 at 19.10 – change 1.80%
Occidental Petroleum (OXY) unchanged at 63.27 – change 0.00%
Phillips 66 (PSX) down 0.64 at 110.10 – change 0.58%
Pioneer Natural Resources (PXD) down 2.10 at 243.06 – change 0.86%
Tellurian Inc. (TELL) down 0.03 at 0.63 – change 4.40%
Valero (VLO) down 1.50 at 125.36 – change 1.19%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.41 at 75.77 – change 0.54%
CenterPoint (CNP) up 0.14 at 27.60 – change 0.50%
Entergy (ETR) up 0.64 at 93.20 – change 0.69%