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Energy Sector Update for 02/14/2019: PDS, DNOW, PBF, XOM, CVX, COP, SLB, OXY


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Top Energy Stocks:

XOM: +0.33%

CVX: -1.15%

COP: -0.04%

SLB: Flat

OXY: +0.30%

Energy stocks were mixed in Thursday's pre-market trading . West Texas Intermediate crude oil for March delivery was down by $0.26 to $53.64 per barrel at the New York Mercantile Exchange. The global benchmark Brent crude April contract gained $0.27 to $63.88 per barrel and March natural gas futures were 2 cents higher at $2.59 per 1 million BTU.

Stocks moving on news include:

(+) Precision Drilling ( PDS ), which was more than 3% higher after i t report ed Q4 adjusted earnings of CAD0.00 per share, topping the estimate of analysts polled by Capital IQ for a loss of CAD0.06 per share.

(-) Energy and industrial products distributor Now ( DNOW ) was declining by more than 8% as its Q4 adjusted EPS rose to $0.11 from $0.01 a year ago, beating the $0.06 average estimate from analysts polled by 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.

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This article appears in: Investing , Energy
Referenced Symbols: PDS , DNOW , PBF , XOM , CVX




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