Oil prices took a 1% skid on Thursday while Oklahoma energy stocks had a strong day in trading with one oil company recording a more than 12% gain for the day.
What spurred the fall in crude oil? It came after solid U.S. economic data spurred the dollar to reach a two-month high.
West Texas Intermediate, the U.S. benchmark dropped 97 cents or 1.3% to $71.86 a barrel on the New York Mercantile Exchange.
Brent crude, the global benchmark, dropped $1.10 or 1.4% and finished at $75.86 a barrel on ICE Futures Europe.
June natural gas rose 22 cents to $2.59 per 1,000 cubic feet.
The majority of Oklahoma energy stocks recorded gains for the day including a nearly 13% increase for Empire Petroleum. Chesapeake Energy went up more than 5% and 4% gains were recorded by Gulfport Energy and NGL Energy Partners.
APA Corp. (Apache) (APA) up 0.15 at 32.71 – change 0.46%
Cheniere (LNG) down 0.45 at 141.93 – change 0.32%
Chevron (CVX) down 0.19 at 154.01 – change 0.13%
ConocoPhillips (COP) up 0.03 at 100.74 – change 0.02%
Diamondback Energy (FANG) up 1.15 at 128.74 – change 0.90%
Energy Transfer LP (ET) up 0.19 at 12.72 – change 1.51%
Enterprise Products Partners (EPD) up 0.07 at 26.08 – change 0.26%
EOG Resources (EOG) up 1.22 at 112.02 – change 1.10%
ExxonMobil (XOM) up 0.95 at 105.77 – change 0.90%
Kinder Morgan (KMI) up 0.07 at 16.52 – change 0.42%
Marathon Oil Corp. (MRO) up 0.34 at 23.05 – change 1.49%
NOV Inc. (NOV) up 0.19 at 15.19 – change 1.26%
Occidental Petroleum (OXY) down 0.67 at 58.25 – change 1.14%
Phillips 66 (PSX) up 1.49 at 96.28 – change 1.57%
Pioneer Natural Resources (PXD) up 0.01 at 203.97 – change 0.34%
Tellurian Inc. (TELL) up 0.07 at 1.32 – change 5.60%
Valero (VLO) down 0.56 at 111.55 – change 0.50%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.43 at 86.64 – change 0.50%
CenterPoint (CNP) down 0.29 at 28.44 – change 0.98%
Entergy (ETR) down 0.62 at 101.50 – change 0.61%