BUZZ-Oil and gas companies: Oil prices fall on worries of oversupply

Thu Feb 19, 2015 10:50am EST
 
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(Updates)

** Oil and gas companies shares down 4-9 pct

** Brent crude oil prices slipped below $59 a barrel after another big weekly build in U.S. crude inventories and a possible rise in Saudi output stoked worries about oversupply

** Brent crude down 3.2 pct at $58.58 per barrel at 10:25 a.m. ET; U.S. crude down 4.2 pct at $49.94 per barrel

** Oil producers: PostRock Energy Corp down 9.4 pct at $3.93, Goodrich Petroleum Corp 8.8 pct at $9.12, Penn West Petroleum Ltd 8.4 pct at $2.19, Halcon Resources Corp 7.8 pct at $2.01, Penn Virginia Corp 7.6 pct at $5.97

** Comstock Resources Inc down 7 pct at $5.75, FX Energy Inc 6.5 pct at $2.25, Bonanza Creek Energy Inc 5.4 pct at $27.20, Baytex Energy Corp 4.8 pct at $17.50

** Oilfield services companies: National-Oilwell Varco Inc down 4.7 pct at $53.22, Seventy Seven Energy Inc 4.6 pct at $5.34

** Contract drillers: Precision Drilling Corp down 6.4 pct at $5.99, Helix Energy Solutions Group Inc 5.6 pct at $16.00