Crude oil prices dropped on Monday along with OK energy stocks

  • March 4, 2024

Monday saw a drop in crude oil  and natural gas prices in the US and across the world while Oklahoma energy stocks dropped as well.
West Texas Intermediate crude for April delivery tumbled $1.23 per barrel to $78.74 on the New York Mercantile Exchange.
Global benchmark Brent crude dropped 75 cents to close at $82.80 per barrel on ICE Futures Europe.
April natural gas rose 8 cents to $1.92 per 1,000 cubic feet.
A few Oklahoma energy stocks saw some gains recorded in Monday’s trading. Otherwise, most ended the day down including a 5% loss for Empire Petroleum Company.
Alliance Resource Partners, L.P.
18.40 USD−0.41 
Canoo Inc
0.096 USD−0.0088 
Chesapeake Energy Corp
82.42 USD−0.39 
Coterra Energy Inc
26.50 USD+0.54 
Devon Energy Corp
44.37 USD−0.020 
Empire Petroleum Corp
5.51 USD−0.29 
Gulfport Energy Corp
142.80 USD+0.80 
Helmerich and Payne Inc
38.46 USD−0.53 
LSB Industries Inc
7.23 USD−0.060 
Mach Natural Resources LP
18.88 USD+0.33 
Mammoth Energy Services Inc
3.73 USD−0.0100 
Matrix Service Co
11.76 USD−0.23 
NGL Energy Partners LP
6.00 USD−0.050 
OGE Energy Corp
33.53 USD+0.69 
ONE Gas Inc
60.63 USD+1.15 
ONEOK Inc
76.56 USD+1.43 
Ovintiv Inc
48.88 USD−1.52 
PHX Minerals Inc
3.01 USD−0.05
SandRidge Energy Inc
12.81 USD−0.20 
Southwestern Energy Co
6.96 USD−0.020 
Unit Corp
38.70 USD−0.070 
Vital Energy Inc
49.40 USD−1.41 
Williams Companies Inc
36.37 USD−0.030 
Down appeared to be the path of the day for other energy stocks, according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.38 at 30.03 – change 1.25%

Cheniere (LNG) down 2.91 at 153.27 – change 1.87%

Chevron (CVX) down 3.93 at 148.88 – change 2.58%

ConocoPhillips (COP) down 2.60 at 111.64 – change 2.28%

Diamondback Energy (FANG) down 3.21 at 178.89 – change 1.76%

Energy Transfer LP (ET) down 0.08 at 14.90 – change 0.54%

Enterprise Products Partners (EPD) down 0.10 at 27.65 – change 0.37%

EOG Resources (EOG) down 0.27 at 115.83 – change 0.24%

Exxon Mobil (XOM) down 1.48 at 104.36 – change 1.40%

Kinder Morgan (KMI) up 0.11 at 17.57 – change 0.63%

Marathon Oil Corp. (MRO) down 0.34 at 24.26 – change 1.39%

NOV Inc. (NOV) down 0.23 at 16.87 – change 1.35%

Occidental Petroleum (OXY) down 0.68 at 60.68 – change 1.11%

Phillips 66 (PSX) up 0.06 at 144.26 – change 0.04%

Pioneer Natural Resources (PXD) down 2.57 at 234.70 – change 1.09%

Tellurian Inc. (TELL) up 0.05 at 0.82 – change 7.10%

Valero (VLO) up 1.42 at 144.69 – change 0.99%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.04 at 84.95 – change 0.05%

CenterPoint (CNP) up 0.50 at 27.94 – change 1.82%

Entergy (ETR) up 1.55 at 102.02 – change 1.54%

Jerry Bohnen