Top Energy Stocks
XOM: +0.2%
CVX: +0.2%
COP: flat
SLB: -0.3%
OXY: flat
Energy shares were flat to higher in pre-market trading Monday.
Light, sweet crude oil for April delivery was down 0.5% at $61.56 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 0.6% at $12.39 while the United States Natural Gas ETF ( UNG ) was up 1.8% at $23.15.
In overseas news, the IPO of Saudi Aramco could reportedly be delayed until 2019 due to struggles arriving at a $2 trillion valuation.
Expected movers:
- American Midstream Partners ( AMID ): logs wider Q4 loss on lower revenue
- Eni ( E ): sells 10% stake in offshore Egypt concession; enters UAE with offshore stakes
- Stone Energy ( SGY ): returns to profit in Q4 vs yr-ago but revenue declines 33% YoY
Other news:
- Sempra Energy (SRE): CEO Debra Reed to step down May 1, CFO Jeffrey Martin named successor
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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.
