NYMEX Benchmark Crude September: (+0.17%) to $83.03
Top Energy Stocks
Energy shares are higher in mid-day trading while crude oil
futures are managing modest gains by the session's half, adding to
a prior-session surge.
Light, sweet crude for September delivery traded up 4.5% to
$82.89 a barrel. In other energy futures, heating oil is up 0.17%
to $2.87 a gallon while natural gas is up 2.65% to $4.10 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 2.01% to $32.42. The United States Natural Gas ETF (
) is up 2.87% at $10.39.
In mid-day news, Teekay Corp. (
) rises Q2 net loss, less items, was $0.51 per share on sales of
$484.9 million. That is versus a loss of $0.36 per share on an
adjusted basis a year ago.
Teekay shares are up 6.7%, or $1.45, to $23.27.
Meanwhile, shares of Exxon Mobil (
) are higher after shares were halted briefly. According to a
MarketWatch report, the Nasdaq said the oil refiner's shares took a
five minute break from trading.
The report questioned whether a trading glitch was responsible.
FactSet reported that a trade of $63.47 would have been a near 7%
drop in the stock.
Exxon shares are up 3.45%, or $2.35, to $70.38.