Sector Update: Energy Shares are Flat to Lower in Pre-Market Trade; Crude Inches Up Toward $98 Per Barrel

By Staff,

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Top Energy Stocks

XOM: -0.13%

CVX: flat

COP: -0.43%

SLB: flat

OXY: flat

Energy shares are flat to lower in pre-market trade, while crude oil futures are higher.

Light, sweet crude oil for June delivery is up $0.08 at $98.75 a barrel. In other energy futures, heating oil is up $0.01 at $2.97 a gallon while natural gas is up $0.03 at $3.94 per million British thermal units.

In energy ETFs , the United States Oil Fund ( USO ) is down to $34.95. The United States Natural Gas ETF ( UNG ) is flat at $20.82.

In other energy news, Tetra Tech Inc. ( TTEK ) is down 12% at $23.50 off an after-hours trading halt. The company revised its fiscal Q3 outlook to reflect higher restructuring costs, with its diluted loss per share in a range of $0.30 to $0.50 per share on around $440 million to $490 million in revenue.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: TTEK , UNG , USO

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