Chesapeake (CHK) (TTES) (CLR) (CWEI) (HAL) Trade Down on Volatile Energy Day

Shares of T-3 Energy Services, Inc. (NASDAQ:TTES), Continental Resources (NYSE:CLR), Clayton Williams Energy (NASDAQ:CWEI), Chesapeake Energy Corp. (NYSE:CHK) and Halliburton (NYSE:HAL) closed down on the uncertainty following the death of Osama bin Laden.

Crude futures settled lower Monday after the death of Osama bin Laden stirred up oil markets, as traders attempted to measure the impact of the event on the stability in the Middle East.

Light, sweet crude for June delivery settled 41 cents, or 0.4%, lower at $113.52 a barrel on the New York Mercantile Exchange, in a volatile session that saw both two-and-a-half year highs near $115 a barrel and a decline to $110.82 a barrel.

Brent crude on the ICE futures exchange closed 77 cents lower at $125.12 a barrel.

Front-month June reformulated gasoline blendstock, or RBOB, settled 5.05 cents, or 1.5 percent down at $3.3479 a gallon. June heating oil settled 2.37 cents, or 0.7 percent lower at $3.2521 a gallon.

Chesapeake Energy Corp. closed Monday at $33.23, dropping $0.44, or 1.31 percent.

Range Resources (RRC) (PBR) (TTES) (END) (ECA) Close Mixed as Oil, Gas Rise

Range Resources (NYSE:RRC), T-3 Energy Services, Inc. (NASDAQ:TTES), Endeavour International (NYSE:END), Encana Corp. (NYSE:ECA) and Petrobras (NYSE:PBR) closed mixed as oil, gasoline and natural gas moved up in price Thursday.

Oil settled higher in volatile trading Thursday, pushed up by a collapsing U.S. dollar. After soaring to close to $114 a barrel, West Texas Intermediate crude settled up 10 cents, at $112.86, in futures trading in New York.

Brent North Sea crude oil fell 11 cents to settle at $125.02 a barrel on the Ice Futures exchange.

In futures trading on the New York Mercantile Exchange, natural gas climbed 15.7 cents to settle at $4.63 per million British thermal units.

Gasoline for May delivery jumped 1.04 cents, or 0.3 percent, to $3.4298 a gallon, the highest settlement since July 14, 2008. Futures have risen 47 percent in the past year.

The Dollar Index fell to the lowest level since July 31, 2008. The index was down 0.5 percent to 73.139, its eighth straight daily decline.

Cameron International (CAM) Misses on Earnings

Cameron International Corporation (NYSE:CAM) missed on its first quarter profits, as the company was only able to generate $109.5 million, or 43 cents a share, against last year's $120.4 million, or 48 cents a share.

This was far below the average analyst estimate of 56 cents a share they were looking for.

Revenue for the quarter rose to $1.5 billion over last year in the same quarter, a gain of 11.5 percent.

Rising costs were the major factor in the declining performance of the oil equipment manufacturer.

Major competitors of Cameron include Bolt Technology Corp. (NASDAQ:BOLT), FMC Technologies, Inc. (NYSE:FTI), T-3 Energy Services, Inc. (NASDAQ:TTES), Halliburton Company (NYSE:HAL), National-Oilwell Varco, Inc. (NYSE:NOV), Dril-Quip, Inc. (NYSE:DRQ), Flotek Industries, Inc. (NYSE:FTK), Baker Hughes Incorporated (NYSE:BHI), Lufkin Industries, Inc. (NASDAQ:LUFK) and Oil States Intl., Inc. (NYSE:OIS).

Cameron was trading at $52.85, falling $1.59, or 2.92 percent, as of 12:16 PM EDT.