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Oil Stocks Are Trading Lower On API Data

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Oil Stocks Are Trading Lower On API Data

The shares of several oil companies are trading lower Thursday after American Petroleum Institute data released on Wednesday showed a build in U.S. crude oil inventories.

BP plc (NYSE: BP) is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2019, it produced 2.3 million barrels of liquids and 9.5 billion cubic feet of natural gas per day, including volumes from its 20% ownership interest in Rosneft.

BP's shares were trading down 3.41% at $3.41. The stock has a 52-week high of $38.21 and a 52-week low of $14.74.

Chevron (NYSE: CVX) is the second-largest oil company in the United States, with the production of 3.2 million barrels of oil equivalent a day, including 7.6 million cubic feet a day of natural gas 2 million barrels of liquids a day.

Chevron shares were trading down 3.34% at $92.19. The stock has a 52-week high of $113.53 and a 52-week low of $51.60.

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.4 million barrels of liquids and 9.4 billion cubic feet of natural gas per day.

ExxonMobil shares were trading down 2.71% at $48.19. The stock has a 52-week high of $67.60 and a 52-week low of $30.11.

Talos Energy Inc (NYSE: TALO) is an independent oil and gas company primarily involved in offshore exploration and production. The company has its operations in the United States, Gulf of Mexico, and offshore Mexico.

Talos Energy shares were trading down 6.08% at $10.12. The stock has a 52-week high of $26.93 and a 52-week low of $5.

 

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