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Top Energy Stocks

XOM -0.75%

CVX -1.01%

COP -1.84%

SLB -2.13%

OXY -0.25%

Energy stocks were mostly lower, with the NYSE Energy Sector Index falling 0.5% while shares of energy companies in the S&P 500 were down 1% as a group. West Texas Intermediate crude oil for July delivery was slipping $1.28 to $57.53 per barrel at the New York Mercantile Exchange while the global benchmark Brent crude July contract was declining $2.00 to $67.45 per barrel. July natural gas futures were 8 cents lower at $2.54 per 1 million BTU. Among energy-related ETFs, the United States Oil fund was falling nearly 1.9% while the United States Natural Gas fund was dropping almost 2.9%. The Philadelphia Oil Service Sector index was down over 0.9%.

Among energy stocks moving on news:

(-) KLX Energy Services Holdings ( KLXE ) retreated Thursday, slipping 5% this afternoon after a Piper Jaffray downgrade to neutral from its prior over weight call. Piper also lowered its price target on the company's shares by $4 to $25.50 apiece.

In other sector news:

(-) NGL Energy Partners ( NGL ) declined fractionally after the oil and natural gas refinery missed analyst projections with its fiscal Q4 results, earning $0.19 per share during the January-to-March period and trailing the Capital IQ consensus expecting $0.29 per share. Revenue rose 3.9% year-over-year to $5.14 billion but also lagging the $5.71 billion Street view.

(-) Chevron ( CVX ) was down 1% this afternoon. The energy major is selling 18 producing oil and gas fields in the North Sea for $2 billion to Ithaca Energy, its Tel Aviv-listed parent company, the Delek Group, announced earlier Thursday.

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