Markets

Energy Sector Update for 03/09/2018: USO, UNG, SNMP, SPKE, CGG

Top Energy Stocks

XOM: +0.5%

CVX: +0.5%

COP: flat

SLB: +0.3%

OXY: flat

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

Light, sweet crude oil for April delivery was up 0.6% at $60.68 per barrel, while natural gas was down fractionally at $2.74 per million Btu.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.5% at $12.21 while the United States Natural Gas ETF ( UNG ) was down 0.7% at $22.75.

Expected movers:

- Sanchez Midstream Partners ( SNMP ): posts narrower Q4 loss; revenue increases

- Spark Energy, Inc ( SPKE ): unveils two acquisitions, posts Q4 results

- CGG ( CGG ): posts wider Q4 loss vs Street, beats on revenue; issues FY18 revenue growth guidance

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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SPKE UNG SNMP USO

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