Sector Update: Energy

By Staff,

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Energy shares are mixed in pre-market, while crude oil futures are on the rise.

Light crude oil for December delivery is trading up $0.06 at $96.83 per barrel.

In other energy futures, heating oil is up $0.15 at $2.98 a gallon while natural gas is up 0.61% at $3.64 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is down 0.40% at $34.71. The United States Natural Gas ETF ( UNG ) is down 0.17% at $17.97.

In other energy news, Williams ( WMB ) is up about 5% at $38.75 in pre-market trade, past its previous 52-week high of $38.75. The company reported net income of $0.19 per share, down from $0.25 a year prior. Analyst estimates were for $0.15 per share, according to Capital IQ.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: UNG , USO , WMB

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