Top Energy Stocks
Energy stocks narrowed their earlier losses shortly before the
close with the NYSE Energy Sector Index sinking 0.4% while shares
of energy companies in the S&P 500 are down about 0.4% as a
In company news, Units of Northern Tier Energy LP (
) Monday fell to a 13-month low after the independent downstream
energy company reported a weekend fire at one of its crude units at
its refinery in St. Paul Park, Minn.
The units were down $1.46, or 7.5%, at $18.08 in recent trading.
They reached an intraday low of $17.93. The units haven't had a
close that low since August 2012, their first full month of
The fire begam around 11:30 a.m. CT, originating in a reduced
crude pump, the company said. The blaze was brought under control
and completely extinguished by 2:16 p.m. by the refinery's
emergency-response team and local fire departments from St. Paul
Park and Newport.
The company is continuing to to investigate the cause of the
fire and assess its damage.
In other sector news,
(-) FISH, Pipeline company slides to new 52-week low after
expanding its board to now encompass a majority of independent
directors. Also announced pro-rated Q3 cash distribution to
unitholders of $0.23 per unit.
(-) EGY, Hires Steven Guidry as CEO, effective Oct. 21. Guidry
current is president of Marathon's (
) Libyan subsidiary and previously led its central Africa business
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