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Energy Sector Update for 12/22/2015: USO, UNG, SD

Top Energy Stocks

XOM: +0.3%

CVX: +0.6%

COP: flat

SLB: +0.2%

OXY: flat

Energy shares were mainly higher in pre-market trade on Tuesday as crude oil futures crept up.

Light, sweet crude oil for February delivery was up 0.3% at $36.13 per barrel. In other energy futures, heating oil was 0.5% higher at $1.08 per gallon while natural gas was down 1.2% lower at $1.68 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.6% at $10.72 while the United States Natural Gas ETF ( UNG ) was down 2.3% at $7.26.

In other energy news, Sandridge Energy ( SD ) may add to Monday's losses on Tuesday after Oklahoma Corporation Commission's Oil and Gas Division said it is preparing a court action against SandRidge because the company refused to shut down six wastewater disposal wells after earthquakes in the region.

Shares in Sandridge Energy were unchanged at $0.22 pre-bell. This is within the lower band of the stock's 52 week trading range between $0.20 and $2.53.

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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