NYMEX Benchmark Crude February: -$0.51 (-0.6%) to $91
Top Energy Stocks
Energy shares are mostly lower as crude futures--which had
seemed poised to hit $92 a barrel--backed off to close at $91 amid
a lackluster session for equities.
Crude oil for February delivery finished down $0.51, or 0.6%, to
$91 a barrel. In other energy futures, heating oil was down 0.74%
to $2.52 a gallon while natural gas fell 0.83%, to $4.04 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is down 0.67% to $38.72. The United States Natural Gas ETF (
) is up 0.36% to $5.63.
The U.S Dollar Index (DXY) is down 0.23% to $80.31.
In energy sector news, FX Energy (
) is down sharply after it said Thursday in a SEC filing it entered
into an At-The-Market Issuance Sales Agreement with McNicoll, Lewis
& Vlak LLC, in which FXEN could issue and sell common stock
having aggregate sales proceeds of up to $50 million from time to
time through MLV acting as agent.
FX Energy shares are down 8.8% to $5.84.
Elsewhere, PostRock Energy (
) is just off session highs in late trading after it says it will
sell to Magnum Hunter Resources (
) certain assets in Wetzel and Lewis Counties, W. Va, for $39.75
million. The consideration for the sale will consist of 50% cash
and 50% MHR common stock.
PostRock shares are up 9.9% to $3.90.
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