VIA

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.

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.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.