Sector Update: Energy Shares Mixed as Crude Climbs From $94 Per Barrel

By
A A A
Share |

Top Energy Stocks

XOM: +0.02%

CVX: flat

COP: -0.01%

SLB: +0.73%

OXY: flat

Energy shares are mixed in pre-market, while crude oil futures are up.

Light, sweet crude oil for January delivery is trading up 0.23% at $94.31 a barrel. In other energy futures, heating oil is up $0.01 at $3.04 a gallon while natural gas is up $0.04 at $3.88 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.44% at $33.97. The United States Natural Gas ETF ( UNG ) is up 0.80% at $18.93.

In other energy news, Jones Energy Inc. ( JONE ) is unchanged at $13.87 a share in late Monday trading and the independent oil and gas company tonight announcing a deal to purchase producing and undeveloped oil and gas assets in the Anadarko Basin from an unidentified privately held firm for $195 million.

JONE executives said they expect the deal to be "significantly" accretive to FY14 earnings. JONE is flat at $13.87, having closed down 2% yesterday.



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.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: JONE , UNG , USO

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

65,706,455
  • $4.1399 ▲ 12.19%
32,015,967
  • $60.0817 ▲ 1.94%
29,413,403
  • $4.48 ▲ 4.45%
25,002,990
  • $24.9899 ▲ 4.52%
21,591,554
  • $16.077 ▼ 0.45%
19,576,503
  • $23.535 ▲ 1.40%
15,194,900
  • $86.52 ▲ 0.37%
13,678,275
  • $8.005 ▲ 6.73%
As of 4/21/2014, 12:29 PM