Sector Update: Energy

By
A A A
Share |

Energy shares have come off session lows while crude oil futures continue to slump below $77 a barrel at the New York Mercantile Exchange. Light, sweet crude for November delivery traded down 0.32% to $77.36 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 0.34% to $29.84. The United States Natural Gas ETF ( UNG ) is up 0.45% to $8.91. In mid-day news, shares of NRG Energy ( NRG ) are firmly lower after the company said late Monday it is now expecting full-year earnings of $1.78 billion to $1.85 billion, down from forecasts of $1.9 billion to $2.0 billion.



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: NRG , UNG , USO

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

100%
88%
100%

Most Active by Volume

152,099,280
  • $16.13 ▼ 1.59%
76,450,549
  • $59.72 ▲ 1.07%
57,375,391
  • $36.35 ▲ 6.26%
50,140,425
  • $26.93 ▲ 0.60%
49,201,544
  • $3.17 ▲ 2.59%
39,533,031
  • $86.18 ▲ 1.33%
36,760,050
  • $13.42 ▲ 2.84%
33,109,047
  • $26.12 ▲ 1.16%
As of 4/16/2014, 04:05 PM