Crude oil prices took another hit in Wednesday’s trading as prices in the U.S. dropped below $60 a barrel.
West Texas Intermediate crude for May delivery fell $1.39 to $59.16 a barrel in trading on the New York Mercantile Exchange.
Global benchmark Brent crude for May delivery took a 60-cent drop to $63.54 a barrel on ICE Futures Europe.
May natural gas also fell for the day, dropping one cent to $2.61 per 1,000 cubic feet.
Wednesday proved to be a good day for most Oklahoma energy stocks as they reported gains for the day. LSB Industries, Inc. had the biggest improvement with a nearly 7% gain for the day. Shares rose 33 cents to $5.13 for a gain of 6.87%.
Alliance Resource Partners, L.P. gained 3.76% on a 21 cent increase to $5.80.
Blueknight Energy Partners had a 4.18% gain on a 13 cent improvement to $3.24.
The Texas Energy Report has more energy stocks.
Chevron (CVX) down 1.14 at 104.79 – change 1.08%
ConocoPhillips (COP) up 0.38 at 52.97 – change 0.71%
Diamondback Energy (FANG) down 0.99 at 73.49 – change 1.33%
Energy Transfer LP (ET) down 0.07 at 7.68 – change 0.90%
Enterprise Products Partners (EPD) down 0.32 at 22.02 – change 1.43%
EOG Resources (EOG) down 0.76 at 72.53 – change 1.04%
ExxonMobil (XOM) down 0.86 at 55.83 – change 1.52%
Kinder Morgan (KMI) up 0.03 at 16.65 – change 0.18%
Marathon Oil Corp. (MRO) down 0.30 at 10.68 – change 2.69%
National Oilwell Varco (NOV) up 0.06 at 13.72 – change 0.44%
Occidental Petroleum (OXY) down 0.72 at 26.62 – change 2.63%
Phillips 66 (PSX) down 0.63 at 81.54 – change 0.77%
Pioneer Natural Resources (PXD) down 1.63 at 158.82 – change 1.02%
Valero (VLO) down 0.18 at 71.60 – change 0.25%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.03 at 84.70 – change 0.04%
CenterPoint (CNP) down 0.15 at 22.65 – change 0.66%
Entergy (ETR) up 0.81 at 99.47 – change 0.82%