Energy Sector Update for 03/15/2019: VET

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Energy stocks were narrowly lower this afternoon, with the NYSE Energy Sector Index falling 0.1% while shares of energy companies in the S&P 500 eased about 0.1% as a group. West Texas Intermediate crude oil for April delivery was slipping 10 cents to $58.51 per barrel at the New York Mercantile Exchange while the global benchmark Brent crude May contract was declining 20 cents to $67.03 per barrel. April natural gas futures were 4 cents lower at $2.81 per 1 million BTU. Among energy-related ETFs, the United States Oil fund was falling 0.3% while the United States Natural Gas fund was dropping more than 1.2%. The Philadelphia Oil Service Sector index was down more than 0.3%.

Among energy stocks moving on news:

(+) Vermilion Energy ( VET ) was edging higher Friday on a CND0.23 per share dividend for its common stock, unchanged from its most recent distribution and payable April 15 to shareholders of record on March 28.

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This article appears in: Investing , Energy
Referenced Symbols: VET

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