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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.

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: VET




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