US crude drops below $60 mark in Tuesday’s trading

 

Crude oil prices took another dip in Tuesday’s trading as U.S. crude fell below the $60 mark.

West Texas Intermediate crude for April delivery dropped 89 cents to $59.75 a barrel in trading on the New York Mercantile Exchange.

Brent crude for May delivery, considered the global benchmark dropped 99 cents to $62.70 a barrel in trading on ICE Futures Europe.

April natural gas went up 6 cents to $2.84 per 1,000 cubic feet.

The continuing tumble in crude prices also affected Oklahoma energy prices.

Some made gains in Tuesday’s trading.

Blueknight Energy Partners LP added six cents for a 2.62% gain to $2.35.
Cimarex Energy went up 69 cents for a gain of 1.17% to $59.68.
Devon Energy Corp rose 6 cents for a gain of only 0.29% to $22.48.
Gulfport Energy Corporation had a gain of 5.33% to reach $0.079 cents.
Magellan Midstream Partners, L.P. finished up 65 cents for a gain of 1.51% to $43.62.
Mammoth Energy Services Inc rose 12 cents to $5.97 for a gain of more than 2%.
OGE Energy Corp increased 17 cents to $29.76 per share for a gain of 0.57%.
Ovintiv Inc. gained nearly 1% on a 23 cent hike to $24.75.
SandRidge Energy gained about 2% on a 10 cent increase to $5.21.
Williams Companies Inc settled up 13 cents at $23.72, a gain of about half a point.
For every one of the firms that had gains, just about as many suffered losses for the day.
Alliance Resource Partners, L.P. went down 11 cents to $5.99 for a loss of 1.80%.
Cypress Environmental Partners LP dropped 15 cents for a loss of 4.59% to $3.12.
Enable Midstream Partners LP went down 9 cents for a loss of 1.31% to finish at $6.78.
Helmerich & Payne Inc. fell 94 cents to $29 and a loss of 3.14%.
LSB Industries closed down 39 cents at $4.42 and a loss of more than 8%.
Matrix Service Co had a 3.42% loss on a 49 cent fall to $13.83.
NGL Energy Partners LP dropped a dime to $2.50 and a loss of 3.85%.
ONE Gas Inc. fell 75 cents for a 1.08% loss to $68.78.
ONEOK Inc. dropped 58 cents to $46.89, a loss of 1.22%.
PHX Minerals Inc lost 5.44% on a 19 cent slide to $3.30.
The Texas Energy Report had other energy stocks.

Chevron (CVX) up 0.39 at 102.44 – change 038%

ConocoPhillips (COP) down 0.33 at 52.28 – change 0.63%

Diamondback Energy (FANG) down 2.65 at 71.01 – change 3.60%

Energy Transfer LP (ET) down 0.15 at 7.98 – change 1.85%

Enterprise Products Partners (EPD) down 0.01 at 22.35 – change 0.07%

EOG Resources (EOG) down 0.51 at 64.47 – change 0.78%

ExxonMobil (XOM) down 0.34 at 56.07 – change 0.60%

Kinder Morgan (KMI) up 0.04 at 15.09 – change 0.30%

Marathon Oil Corp. (MRO) up 0.03 at 11.23 – change 0.27%

National Oilwell Varco (NOV) down 0.65 at 15.00 – change 4.16%

Occidental Petroleum (OXY) up 0.18 at 27.82 – change 0.65%

Phillips 66 (PSX) down 2.43 at 82.27 – change 2.87%

Pioneer Natural Resources (PXD) up 1.22 at 149.75 – change 0.82%

Valero (VLO) down 1.20 at 76.63 – change 1.54%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.26 at 76.45 – change 0.34%

CenterPoint (CNP) down 0.03 at 19.57 – change 0.15%

Entergy (ETR) up 1.01 at 88.76 – change 1.15%