Sector Update: Energy

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Energy shares are mixed in pre-market trade, while crude oil futures are also slightly higher.

Light, sweet crude oil for March delivery is trading up $0.49 at $96.21 per barrel. In other energy futures, heating oil is up $0.01 at $2.98 per gallon while natural gas is up $0.22 at $5.07 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is flat at $34.23. The United States Natural Gas ETF ( UNG ) is rallying 1.7% at $23.76.


In other energy news, Eagle Rock ( EROC ) shares are down 6.5% at $5.50 per share as it says Q4 performance is hampered by severe weather.



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: EROC , UNG , USO

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As of 12/19/2014, 04:15 PM


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