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Energy Sector Update for 08/09/2018: USO, UNG, XOM, PEGI, SRE


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Top Energy Stocks

XOM: flat

CVX: flat

COP: +0.3%

SLB: +0.1%

OXY: -2.7%

Energy shares were lower in pre-market trading Thursday. The Energy Information Administration will release its natural gas report at 10:30 am EDT.

Light, sweet crude oil for September delivery was down 0.1% at $66.82 per barrel, while natural gas was down fractionally at $2.95 per million Btu.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.4% at $13.95 while the United States Natural Gas ETF ( UNG ) was flat at $24.13.

Expected movers:

- Exxon Mobil ( XOM ): pursues long-term US crude export deals with Asian refiners

- Pattern Energy ( PEGI ): exceeds Q2 earnings expectations, OKs dividend

- Sempra Energy ( SRE ): forms new North American infrastructure group

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 , XOM , PEGI , SRE



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