Southwestern Energy (NYSE:SWN), Plains Exploration & Production (NYSE:PXP), Carrizo Oil & Gas (Nasdaq:CRZO) and Valero Energy (NYSE:VLO) closed mixed Thursday as oil and gas prices continue to move up.
Crude oil prices climbed above $112 a barrel on the New York Mercantile Exchange Friday while the U.S. dollar was up after three days of faltering.
The dollar index jumped 0.14 percent to 74.10, making up a little lost ground.
May delivery crude oil rose 80 cents in New York to $112.25 a barrel. Home heating oil fell 1.85 cents to $3.2174 a gallon. Reformulated blendstock gasoline was up 2.93 cents to $3.2777 a gallon.
Henry Hub natural gas prices gained 11.3 cents to $4.423 per million British thermal units.
According to the AAA, the national average price of unleaded gasoline rose to $3.848 a gallon Friday from Thursday's $3.84.
Valero Energy closed Thursday at $29.03, gaining $0.66, or 2.33 percent. Carrizo Oil & Gas ended the day at $37.10, up $0.02, or 0.05 percent. Plains Exploration & Production closed at $35.03, down $0.22, or 0.62 percent. Southwestern Energy closed the session at $40.54, dropping $0.25, or 0.61 percent.
Monday, April 25, 2011
Valero (VLO) (SWN) (PXP) (CRZO) Close Mixed as Oil, Gas Continue to Rise
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