Friday, May 20, 2011

Marathon (MRO) (DVN) (HES) (BP) (APC) Trading Mixed

Shares of Marathon Oil (NYSE:MRO), Devon Energy (NYSE:DVN), Hess Corporation (NYSE:HES), BP (NYSE:BP) and Anadarko (NYSE:APC) 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.

Anadarko (APC) was trading at $75.66, gaining $4.02, or 5.61 percent, as of 1:59 PM EDT. BP (BP) was at $45.03, up $1.14, or 2.60 percent. Hess Corporation (HES) was trading at $78.45, climbing $0.37, or 0.47 percent. Devon Energy (DVN) was at $82.76, rising $0.23, or 0.28 percent. Marathon Oil (MRO) was trading at $51.66, falling $0.26, or 0.50 percent.

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