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0 0 -0.00282685512367495 -0.0024028268551237 0.0032508833922262 0.0032508833922262 0.00197879858657245 0.00339222614841002
Stock impact report

Why Energy Stocks Like ExxonMobil, Phillips 66, and Enterprise Products Partners Fell Today [The Motley Fool]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Reuben Gregg Brewer(TMFReubenGBrewer)Author BioReuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls.Key PointsWhat happenedAs of roughly p.m. EDT Monday, shares of diversified energy giantExxonMobilNYSE:XOMConocoPhillipsNYSE:COPMatador ResourcesNYSE:MTDRImage source: Getty Images.But it wasn't justupstreamDownstreamPhillips 66NYSE:PSXmidstreamEnterprise Products PartnersNYSE:EPDWhile there was a clear negative mood across Wall Street, the big-picture reason for the energy sector's pain was a drop in oil prices, as key U.S. benchmark West Texas Intermediate and global benchmark Brent Crude both were below the psychologically important $70 per barrel price at roughly p.m. EDT. But this wasn't simply random price volatility. There's more to the story.So whatThe last couple of weeks in the energy market have been tense thanks to an OPEC meeting that didn't go quite as smoothly as hoped. Although the oil group and its partners seemin Show less Read more
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