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Energy Sector Update for 01/19/2018: XOM, CVX, COP, SLB, USO, UNG, GMLP, NOV


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Top Energy Stocks

XOM: flat

CVX: flat

COP: flat

SLB: -0.9%

OXY: flat

Energy shares were higher in pre-market trading Friday. The Baker-Hughes domestic oil-and-gas rig count is released at 1 pm.

Light, sweet crude oil for February delivery was up 0.1% at $64.08 per barrel, while natural gas was down fractionally at $3.19 per million Btu.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.9% at $12.65 while the United States Natural Gas ETF ( UNG ) was down 0.2% at $25.14.

Expected movers:

- Schlumberger ( SLB ): tops Q4 Street views on earnings, revenue

Other news:

- Golar LNG Partners ( GMLP ): signs 15-year FSRU contract

- National Oilwell Varco ( NOV ): to take $120-$140 million Q4 charge on combination of units

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: USO , UNG , SLB , GMLP , NOV



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