Top Energy Stocks
Energy shares were flat in
Wednesday, as crude-oil futures dropped.
Light, sweet crude oil for August delivery was down 0.3% at
$103.13 per barrel. In other energy futures, heating oil was flat
at $2.87 per gallon while natural gas was up 0.1% at $4.21 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) was down 0.5% at $37.98. The United States Natural Gas ETF (
) was down 0.6% at $23.15.
In other energy news, Synergy Resources (
) shares were down 3.4% at $12.01 after the oil-and-gas operator
reported earnings for the quarter ended May 31, 2014 matched
expectations, but revenue fell short of analysts' estimates despite
a 108% increase due to a year-over-year improvement in
The company reported Q3 net income of $7.2 million, or $0.09 per
diluted share, up 98% from $3.6 million or $0.06 per diluted share
in the same year-ago period. Analysts polled by Capital IQ were
expecting EPS of $0.09.