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August 21, 2024

Revised employment sent crude oil prices falling Wednesday

 

As crude oil prices dropped by $1 a barrel on Wednesday, Oklahoma energy stocks ended the day with a mix of gains and losses.

The price drop came after the U.S. revised a sharply estimate of employment stats—down by 818,000.

As a result, West Texas Intermediate crude fell $1.24 or 1.69% at closed at $71.93 a barrel on the New York Mercantile Exchange.
Global benchcmark Brent crude finished down $1.15 or 1.49% at $76.05 a barrel on ICE Futures Europe.

Oklahoma energy stocks had a fairly-mixed trading day Wednesday.

 

Alliance Resource Partners, L.P.
23.88 USD+0.47 
Canoo Inc
1.43 USD+0.050 
Chesapeake Energy Corp
72.37 USD−0.81 
Coterra Energy Inc
23.95 USD−0.10 
Devon Energy Corp
43.84 USD−0.20 
 Empire Petroleum Corp
5.35 USD−0.14 
Gulfport Energy Corp
142.51 USD+0.28 
Helmerich and Payne Inc
32.82 USD+0.050 
LSB Industries Inc
7.70 USD−0.060 
Mach Natural Resources LP
20.51 USD0.00 
Mammoth Energy Services Inc
3.72 USD+0.050 
Matrix Service Co
9.50 USD−0.010 
NGL Energy Partners LP Unit
4.27 USD+0.100 
OGE Energy Corp
39.55 USD+0.25 
ONE Gas Inc
67.48 USD+0.11 
ONEOK Inc
87.03 USD+0.45 
Ovintiv Inc
42.69 USD+0.100 
PHX Minerals Inc
3.40 USD0.00 
SandRidge Energy Inc
13.25 USD0.00 
Southwestern Energy Co
6.22 USD−0.060 
Unit Corp
32.76 USD−0.14 
Vital Energy Inc
35.39 USD−0.53 
Williams Companies Inc
44.50 USD+0.17 
Many other energy stocks ended up on the downside of a hill, according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.28 at 28.06 – change 0.96%

Cheniere (LNG) down 1.23 at 181.84 – change 0.68%

Chevron (CVX) up 0.65 at 145.35 – change 0.45%

ConocoPhillips (COP) down 0.24 at 109.61 – change 0.22%

Diamondback Energy (FANG) up 1.37 at 191.12 – change 0.72%

Energy Transfer LP (ET) down 0.05 at 16.02 – change 0.25%

Enterprise Products Partners (EPD) down 0.14 at 28.99 – change 0.47%

EOG Resources (EOG) down 0.27 at 124.99 – change 0.21%

Exxon Mobil (XOM) down 0.74 at 113.85 – change 0.64%

Kinder Morgan (KMI) down 0.08 at 20.96 – change 0.34%

Marathon Oil Corp. (MRO) down 0.06 at 27.62 – change 0.20%

NOV Inc. (NOV) up 0.03 at 17.54 – change 0.17%

Occidental Petroleum (OXY) down 0.15 at 56.02 – change 0.27%

Phillips 66 (PSX) up 1.50 at 133.90 – change 1.14%

Tellurian Inc. (TELL) up 0.01 at 0.94 – change 1.28%

Valero (VLO) up 2.59 at 143.85 – change 1.83%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.37 at 98.01 – change 0.37%

CenterPoint (CNP) up 0.33 at 26.14 – change 1.29%

Entergy (ETR) down 0.08 at 118.81 – change 0.06%

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