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Energy Sector Update for 12/18/2015: USO, UNG, VNR

Top Energy Stocks

XOM: -0.5%

CVX: -0.6%

COP: flat

SLB: flat

OXY: flat

Energy shares were mainly unchanged in pre-market trade on Friday as crude oil futures were lower.

Light, sweet crude oil for January delivery was down 0.3% at $34.62 per barrel. In other energy futures, heating oil was up 0.2% at $1.09 per gallon while natural gas was down 1.5% lower at $1.73 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.1% at $10.75 while the United States Natural Gas ETF ( UNG ) was down 0.4% at $6.89.

And, in other energy news, Vanguard Natural Resources ( VNR ), a developer of oil and gas properties, Friday said its monthly dividend has been reduced to $0.03 per common unit from the $0.1175/unit.

Shares in the company were 5.7% lower at $2.72 pre-bell. Over the past 52 weeks, the company has traded between $2.41 and $19.50.

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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