Markets
BTU

Sector Update: Energy

Energy shares were fairly flat in pre-market trade Thursday, while crude oil futures were also slightly higher.

Light, sweet crude oil for March delivery was trading up $0.50 at $97.86 per barrel. In other energy futures, heating oil was up $0.01 at $3.03 per gallon while natural gas was down $0.24 at $5.22 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.6% at $34.93. The United States Natural Gas ETF ( UNG ) was down 4% at $25.65.

In other energy news, Peabody Energy ( BTU ) reported Q4 revenue of $1.74 billion and earnings of $0.00 per share, whereas the Street expected revenue of $1.8 billion and a loss of $0.11 per share.

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

BTU UNG USO

Other Topics

Commodities

Latest Markets Videos