Sector Update: Energy Shares Flat to Lower Pre-Market as Crude Oil Futures Rise

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Top Energy Stocks

XOM: flat

CVX: flat

COP: flat

SLB: -0.48%

OXY: flat

Energy shares were fairly flat in Thursday's pre-market trade as crude oil futures were up.

Light, sweet crude oil for October delivery was up 0.17% at $94.04 per barrel. In other energy futures, heating oil was up 0.50% at $2.88 per gallon while natural gas was up 0.42% at $4.02 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.26% at $35.12. The United States Natural Gas ETF ( UNG ) was up 0.32% at $21.95.

In other energy news, PetroChina Company ( PTR ) says Q2 net profit rose to 33.9 billion yuan ($5.5 billion) in April-June from 29.5 billion yuan a year earlier, according to Reuters calculations based on the company's first-half results.

That compares with an average forecast of 33.2 billion yuan by six analysts polled by Thomson Reuters. PTR trades in a 52-week range of $94.75 to $146.00.



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

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This article appears in: Investing , Commodities

Referenced Stocks: USO , UNG , PTR

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