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Energy Sector Update for 02/09/2018: XOM, CVX, COP, SLB, OXY, UNG, USO, CCJ, FET, BIP

Top Energy Stocks

XOM: -0.3%

CVX: flat

COP: -0.3%

SLB: flat

OXY: flat

Energy shares were mixed in pre-market trading Friday. The Baker-Hughes domestic oil-and-gas rig count is out at 1 pm.

Light, sweet crude oil for March delivery was down 0.9% at $60.28 per barrel, while natural gas was down 0.1% at $2.64 per million Btu.

In energy ETFs, the United States Oil Fund ( USO ) was flat at $12.09 while the United States Natural Gas ETF ( UNG ) was down 1.8% at $22.34.

Expected movers:

- Cameco ( CCJ ): posts Q4 results beat

- Forum Energy ( FET ): Q4 misses forecasts; provides Q1 revenue guidance

Other news:

- Brookfield Infrastructure Partners ( BIP ): posts funds from operations/unit of $0.80 vs $0.69 last year

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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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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CCJ FET UNG BIP USO

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