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Energy Sector Update for 01/15/2019: XOM, ENLC, CVX, COP, SLB, OXY


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Top Energy Stocks:

XOM: +0.52%

CVX: +0.12%

COP: +0.69%

SLB: +0.10%

OXY: +0.72%

Pre-market Tuesday saw mostly higher energy stocks. West Texas Intermediate crude oil for February delivery was up by $1.01 to $51.52 per barrel at the New York Mercantile Exchange. The global benchmark Brent crude March contract gained $1.09 to $60.08 per barrel and February natural gas futures were 4 cents lower at $3.55 per 1 million BTU.

In other sector news:

(+) Exxon Mobil ( XOM ), was slightly higher after Reuters wrote that the company shut the large Pipestill 8 crude distillation unit (CDU) at its 560,500 barrel-per-day (bpd) refinery in Baytown, Texas, for scheduled maintenance.

(=) EnLink Midstream ( ENLC ) was unchanged as its the board approved a cash dividend of $0.275 per common unit, reflecting approximately 1.5% growth over the declared distribution for the previous quarter.

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

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This article appears in: Investing , Energy
Referenced Symbols: XOM , ENLC , CVX , COP , SLB



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