
Crude oil prices dropped nearly 3% in trading on Friday, the day after Christmas and Oklahoma energy stocks suffered the same kind of day.
Even though markets were quiet and trading was reported to be light, it was a sign that investors backed off trading for the day.
West Texas Intermediate crude closed down2.8%at $56.74 per barrel on the New York Mercantile Exchange.
Brent crude finished down at $60.80 a barrel.
Natural gas finished up on Friday at $4.366 MMBtu after a gain of $0.124 or 2.92%.
Friday’s trading proved to be a day of losses for more Oklahoma energy stocks including NGL Energy Partners with a 5% drop in share value. Empire Petroleum fell 3% on the day.
Alliance Resource Partners LP
23.51
USD−0.18
Coterra Energy Inc
25.79
USD+0.10
Devon Energy Corp
35.67
USD−0.53
Empire Petroleum Corp
2.99
USD−0.090
Expand Energy Corp
109.49
USD+0.32
Gulfport Energy Corp
210.18
USD+2.95
Helmerich and Payne Inc
27.85
USD−0.13
LSB Industries Inc
8.51
USD+0.030
Mach Natural Resources LP
11.15
USD−0.080
Mammoth Energy Services Inc
1.88
USD+0.020
Matrix Service Co
11.75
USD−0.15
NGL Energy Partners LP Unit
9.39
USD−0.47
OGE Energy Corp
42.78
USD−0.21
