Quantcast

Energy Sector Update for 06/25/2019: OXY, XOM, CVX, COP, SLB


Shutterstock photo

Top Energy Stocks:

XOM: -0.17%

CVX: +0.05%

COP: +0.38%

SLB: -1.03%

OXY: -0.48%

Energy giants were mixed at the market open Tuesday. West Texas Intermediate crude oil for August delivery was down $0.01 at $57.89 per barrel at the New York Mercantile Exchange. The global benchmark Brent crude August contract gained $0.24 to $65.10 per barrel and July natural gas futures were 1 cent lower at $2.29 per 1 million BTU. Among energy-related ETFs, the United States Oil Fund was up 0.58%, while the United States Natural Gas fund was 1.12% lower.

Stocks moving on news include:

(-) Occidental Petroleum ( OXY ), which was down 0.4%, after it said it is looking to sell a majority control of Western Midstream Partners ( WES ), which was up 0.6%, a pipeline operator that the company will own through its takeover of Anadarko Petroleum ( APC ), according to a report by Bloomberg News.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Investing , Energy
Referenced Symbols: OXY , WES , APC , XOM , CVX



More from MT Newswires

Subscribe







MT Newswires
Contributor:

MT Newswires

Market News, Commodities












Research Brokers before you trade

Want to trade FX?