BUZZ-Oil producers, service providers: Shares fall as oil prices drop

Wed Feb 4, 2015 10:22am EST
 
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** U.S.-listed shares of oil producers and oilfield service providers down as Brent crude oil falls after new build in U.S. crude stock levels put global glut back in focus, cutting short four-session rally

** Brent crude down $1.57 at $56.34 per barrel as of 1500 GMT; U.S. crude futures down $2.20 at $50.86 per barrel

** SandRidge Energy Inc down 6 pct at $1.72; Goodrich Petroleum Corp down 8.4 pct at $2.72; Penn West Petroleum Ltd down 6.6 pct at $1.97; Magnum Hunter Resources Corp down 7.6 pct at $2.16

** Rex Energy Co down 11 pct at $4.46; Sanchez Energy Corp down 1.8 pct at $13.96; Cenovus Energy Inc down 5 pct at $19.62; Baytex Energy Corp down 8 pct at $18.05

** BP Plc down 1.8 pct at $40.38; Exxon Mobil Corp down 1.5 pct at $90.86, Phillips 66 down 1.5 pct at $73.72, Chevron Corp down 1.4 pct at $107.98

** Halliburton Co down 2.2 pct at $42.40; Schlumberger Ltd down 2.2 pct at $85.12; Baker Hughes Inc down 1.8 pct at $60.58