Crude oil prices dropped nearly 1% on Tuesday and Oklahoma energy stocks also went on the same path with some firms losing 4% and 5% in the value of their stock.
Crude oil fell as supply concerns about the possibility of a full-out war in the Middle East eased with Israel’s acceptance of steps toward a ceasefire deal in Gaza.
West Texas Intermediate, the U.S. standard, dropped 33 cents or 0.4% to close at $74.04 on the last day of its front-month.
Brent crude, the worldwide benchmark, slid 46 cents or 0.6% and settled at $77.20 a barrel.
APA Corp. (Apache) (APA) down 0.99 at 28.33 – change 3.38%
Cheniere (LNG) down 3.02 at 183.07 – change 1.63%
Chevron (CVX) down 2.14 at 144.69 – change 1.46%
ConocoPhillips (COP) down 1.89 at 109.85 – change 1.70%
Diamondback Energy (FANG) down 6.09 at 189.75 – change 3.11%
Energy Transfer LP (ET) down 0.24 at 16.05 – change 1.48%
Enterprise Products Partners (EPD) down 0.31 at 29.13 – change 1.06%
EOG Resources (EOG) down 2.99 at 125.25 – change 2.34%
Exxon Mobil (XOM) down 3.95 at 114.58 – change 3.34%
Kinder Morgan (KMI) down 0.33 at 21.03 – change 1.55%
Marathon Oil Corp. (MRO) down 0.59 at 27.79 – change 2.08%
NOV Inc. (NOV) down 0.62 at 17.51 – change 3.42%
Occidental Petroleum (OXY) down 1.22 at 56.17 – change 2.13%
Phillips 66 (PSX) down 5.80 at 132.38 – change 4.20%
Tellurian Inc. (TELL) up 0.01 at 0.92 – change 2.10%
Valero (VLO) down 6.96 at 141.26 – change 4.70%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.10 at 97.64 – change 0.10%
CenterPoint (CNP) down 0.23 at 25.81 – change 0.89%
Entergy (ETR) up 0.49 at 118.88 – change 0.41%