NYMEX Benchmark Crude May: (+0.11%) to $105.86
Top Energy Stocks
Energy shares are mixed in mid-day trading but crude futures are
logging additional gains with the May contract trading near $106 a
Light, sweet crude oil for April delivery traded up 0.11% to
$105.86 a barrel. In other energy futures, heating oil was up 0.1%
to $3.06 a gallon while natural gas was down 2.1% to $4.24 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 0.4% to $42.28. The United States Natural Gas ETF (
) is down 2.07% to $11.33.
In mid-day energy news, Plains Exploration & Production (
) shares are higher and Reuters reports that the company said its
planned sale of its deepwater assets in the Gulf of Mexico would be
delayed as the current regulatory environment deters buyers.
Plains Exploration shares are up 1.21%, or $0.43, to $35.99.
Also, China Sunergy Co., Ltd. (
) is up 10.35% to $4.37 shortly after the market open, after
posting positive Q4 results. The company posted quarterly revenue
of $169.6 mln, up about 74% from the year ago quarter. Earnings
were $0.37, up from a year ago loss of $0.09.
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