Sector Update: Energy Shares Higher; Crude Slips, Trades Below $94 a Barrel


Shutterstock photo

NYMEX Benchmark Crude January: (-$0.22) to $93.58

Top Energy Stocks

XOM: +0.2%

CVX: +0.5%

COP: +0.4%

SLB: +0.3%

OXY: 1.5%

Energy shares are higher in late trading while while crude oil futures traded down below $94 a barrel.

Light, sweet crude for January delivery was down $0.22 to $93.58 a barrel.

Meanwhile, Kosmos Energy ( KOS ) is upgraded to overweight from equalweight at Barclays Capital Plc, Bloomberg reports. The target price is $17 per share, it said.

KOS is up 6.0%.

Delta Petroleum ( DPTR ) is down 35% after the company and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

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
More Headlines for: DPTR , KOS

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by