Sector Update: Energy

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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. 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.



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This article appears in: Investing , Commodities

Referenced Stocks: DPTR , KOS

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Referenced

Most Active by Volume

65,000,308
  • $61.83 ▼ 3.28%
33,204,576
  • $15.49 ▼ 0.71%
25,186,006
  • $64.885 ▼ 0.13%
22,860,853
  • $3.375 ▲ 0.75%
19,265,672
  • $94.65 ▼ 0.78%
19,104,885
  • $32.95 ▲ 0.89%
18,710,849
  • $4.29 ▲ 1.42%
17,370,407
  • $94.64 ▼ 0.34%
As of 7/10/2014, 12:16 PM