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Tale of the Tape  

Oil Slips and Falls

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October 06, 2008 | Comment(s): 0
Recommended this article (6)
PKD | PGH | EPB | OKS | WPZ | ENP

Stocks across the oil segment nosedived on Monday after crude oil prices plunged below $90 a barrel at the New York Mercantile Exchange (NYMEX). While oil machines, services and drilling provider Parker Drilling (PKD - Snapshot Report) was down a whopping 14.24%, its counterparts in the exploration and production (E&P) space also registered significant losses. Encore Energy Partners (ENP) is down 21.80%, Pengrowth Energy (PGH - Snapshot Report) is also in a tight corner with a loss of 18.15%. Pipeline companies like El Paso (EPB - Snapshot Report), Oneok Partners (OKS - Analyst Report) and Williams Partners (WPZ - Snapshot Report) are all down more than 10% since the morning.

Read the full analyst report on PKD

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Read the full analyst report on OKS

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Read the full analyst report on ENP

 

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