Shares of Cameron International (NYSE:CAM), TransAtlantic Petroleum (AMEX:TAT), PetroQuest Energy (NYSE:PQ), Petrohawk Energy Corp. (NYSE:HK) and Valero Energy (NYSE:VLO) were trading mixed today as oil prices were trading down in the session.
Crude-oil futures were trading down $0.79 to $97.65 a barrel on the New York Mercantile Exchange.
U. S. crude oil prices also gained some back from earlier losses spurred by comments from the German Bundesbank, which said growth in Europe's largest economy will probably slow down.
Shares of oil companies like BP (NYSE:BP), Anadarko (NYSE:APC), Transocean and Cameron International (NYSE:CAM), all of which were connected to the Gulf oil spill, were all trading up on news of the settlement between BP and Macondo Well partner Mitsui (OTC:MITSY).
Valero Energy (VLO) was trading at $26.35, falling $0.16, or 2:24 percent, as of 2:26 PM EDT. Petrohawk Energy Corp. (HK) was at $25.08, up $0.92, or 3.83 percent. PetroQuest Energy (PQ) was trading at $7.42, up $0.11, or 1.46 percent. TransAtlantic Petroleum (TAT) was at $2.15, gaining $0.05, or 2.27 percent. Cameron International (CAM) was trading at $48.47, jumping $0.43, or 0.90 percent.
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