Falling crude oil prices on Friday took Oklahoma energy stocks down with them. Crude dropped nearly 2% as Brent crude dropped again below $80 a barrel.
Investors didn’t like the news about demand growth from top oil importer China. As trading starts this week, the question is whether there might be a rebound in prices.
US benchmark West Texas Intermediate fell $1.51 or 1.9% per barrel to $76.65 on the New York Mercantile Exchange.
Brent, the worldwide benchmark, dropped $1.3y6 or 1.7% and finished at $79.68 a barrel on ICE Futures Europe.
A majority of Oklahoma energy stocks recorded losses on Friday with Mammoth Energy Services scoring a 3% decline for the day.
1.50 USD−0.040
72.93 USD−0.13
24.03 USD−0.16
45.09 USD−0.35
5.29 USD−0.040
143.02 USD−1.75
34.09 USD−0.16
7.80 USD−0.0100
3.78 USD−0.10
66.86 USD+0.070
43.20 USD−0.64
13.03 USD+0.020
6.24 USD−0.020
36.35 USD−0.82
Other stocks had a mixed day of trading, according to the Texas Energy Report.
APA Corp. (Apache) (APA) down 0.23 at 29.25 – change 0.79%
Cheniere (LNG) up 0.34 at 184.98 – change 0.18%
Chevron (CVX) up 0.47 at 147.27 – change 0.32%
ConocoPhillips (COP) down 0.05 at 111.18 – change 0.05%
Diamondback Energy (FANG) down 1.76 at 194.82 – change 0.90%
Energy Transfer LP (ET) up 0.31 at 16.30 – change 1.93%
Enterprise Products Partners (EPD) up 0.15 at 29.17 – change 0.51%
EOG Resources (EOG) down 0.06 at 128.06 – change 0.05%
Exxon Mobil (XOM) down 0.57 at 118.17 – change 0.48%
Kinder Morgan (KMI) down 0.03 at 21.08 – change 0.15%
Marathon Oil Corp. (MRO) unchanged at 28.16 – change 0.00%
NOV Inc. (NOV) up 0.01 at 17.94 – change 0.05%
Occidental Petroleum (OXY) down 0.20 at 57.61 – change 0.35%
Phillips 66 (PSX) up 0.24 at 138.91 – change 0.17%
Tellurian Inc. (TELL) unchanged at 0.90 – change 0.00%
Valero (VLO) up 0.52 at 149.82 – change 0.34%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.38 at 96.94 – change 0.39%
CenterPoint (CNP) down 0.08 at 25.79 – change 0.31%
Entergy (ETR) up 0.50 at 117.60 – change 0.42%
