Markets
XOM

Energy Sector Update for 04/25/2017: VLO, XOM, CVX, COP, SLB, OXY

Top Energy Stocks

XOM: +0.2%

CVX: +0.1%

COP: flat

SLB: +0.2

OXY: flat

Energy shares were mostly firmer in pre-market trade on Tuesday, even as crude oil futures slipped below $50 a barrel, due to signs of robust US production in the coming months.

Light, sweet crude oil for June delivery was up 0.1% at $49.30 per barrel. In other energy futures, heating oil was up 0.1% at $1.55 per gallon while natural gas was 0.03% lower at $3.16 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was flat at $10.25 while the United States Natural Gas ETF ( UNG ) was down 0.3% at $7.30.

In other energy news, Valero Energy ( VLO ) reported Tuesday Q1 adjusted net profit of $0.68 per share, compared to $0.60 per share in the prior year period. Capital IQ provided a Street estimate of $0.60 earnings per share. Operating revenues were $21.77 billion, up from $15.71 billion reported for the same period last year. The Street estimate was for revenues of $19.15 billion.

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.

In This Story

XOM UNG VLO USO CVX

Other Topics

Energy

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More