Referenced Stocks

Sector Update: Energy Shares Higher While Crude Futures Advance Toward $102 a Barrel

By Midnight Trader,  December 05, 2011, 08:54:37 AM EDT

NYMEX Benchmark Crude January: +$0.90 to $101.86

Top Energy Stocks

XOM: +1.1%

CVX: +1.4%

COP: +1.7%

SLB: +2.0%

OXY: 0.0%

Energy shares are higher in pre-market trading while crude oil futures advance closer to $102 a barrel. January light, sweet crude is up $0.90 to $101.86 according to the CME Group. In energy stocks, L&L Energy ( LLEN ) today announced that its wholly owned coal subsidiary, DaXing- L&L (Guizhou) Coal, has signed a long term joint sales agreement with China Chengtong Metal's subsidiary, China Chengtong Metal Tianjin. LLEN shares are up 4.4%. Meanwhile, Valero Energy ( VLO ) has been downgraded to Hold from Buy at Benchmark Capital. The firm set a price target of $23. VLO shares are up 1.5%.




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.


This article appears in: Investing, Commodities

Referenced Stocks: LLEN, VLO



Latest News Video

Paul Ryan: 'I Don't Know' If There Was A Coverup
Paul Ryan: 'I Don't Know' If There ...
Syrian Refugees Hit 1.5 Million Mark
Syrian Refugees Hit 1.5 Million Mar...
Taiwan Protesters Blast Nuclear Power
Taiwan Protesters Blast Nuclear Pow...
Pope Tells Church to Adapt
Pope Tells Church to Adapt          


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%