Top Energy Stocks
Energy shares were trading flat in recent
Thursday, while crude-oil futures rose but natural-gas futures
Light, sweet crude oil for April delivery was up 0.5% at $98.49
per barrel. In other energy futures, heating oil was up 0.2% at
$2.93 per gallon while natural gas was down 1.6% at $4.42 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) was down 0.1% at $35.32. The United States Natural Gas ETF (
) was down 1.8% at $24.52.
In other energy news, KiOR (
), a development-stage renewable-fuels company, Thursday said it
was canceling its earnings conference call previously scheduled for
10 a.m. ET and delaying the release of its results. The company
said it will delay the Q4 release until its Annual Report on Form
10-K is filed on or before March 17, 2014. It gave no further
Matador Resources (
) was down 0.5% pre-market even after the company late Wednesday it
swung to a profit in Q4, with revenue increasing year over year,
and provided production guidance for fiscal 2014. The independent
energy company reported Q4 net income of $15.4 million or $0.23 per
share, compared with the prior-year period's net loss of $21.2
million or $0.38 per share.
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