Top Energy Stocks
XOM: -0.9%
CVX: -0.7%
COP: -3.0%
SLB: flat
OXY: -0.6%
Energy shares were lower in pre-market trading Wednesday. The much-watched EIA domestic oil inventories bulletin is at 10:30 am.
Light, sweet crude oil for April delivery was down 0.3% at $62.28 per barrel, while natural gas was up fractionally at $2.78 per million Btu.
In energy ETFs, the United States Oil Fund ( USO ) was down 0.2% at $12.55 while the United States Natural Gas ETF ( UNG ) was up 0.8% at $23.13.
Expected movers:
- TransGlobe Energy ( TGA ): logs narrower Q4 loss on revenue growth; provides 2018 production outlook
- Obsidian Energy ( OBE ): reports 10% increase in Q4 production; reaffirms FY18 production guidance
- Foresight Energy ( FELP ): reports narrower Q4 losses on revenue gain
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
