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Energy Sector Update for 09/25/2015: USO, UNG, GEL

Top Energy Stocks

XOM: flat

CVX: flat

COP: flat

SLB: flat

OXY: flat

Energy shares were flat in pre-market trade Friday as crude oil futures logged modest gains.

Light, sweet crude oil for November delivery was up 0.2% at $45.13 per barrel. In other energy futures, heating oil was down by 0.2% at $1.39 per gallon while natural gas was down by 0.9% at $2.45 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.1% at $14.61 while the United States Natural Gas ETF ( UNG ) was down by 1.1% at $12.14.

In other energy news, Genesis Energy ( GEL ), a partnership focused on the midstream segment of the oil and gas industry, saw its shares initiated by Wunderlich Securities with a buy rating and $50 price target.

The company's shares nevertheless remained unchanged pre-bell at $39.66. Over the past 52 weeks, the company has traded between $27.40 and $53.22.

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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