Markets
UNG

Sector Update: Energy Shares Down; Crude Oil Futures Swing to Red

NYMEX Benchmark Crude September: (-1.1%) to $93.85

Top Energy Stocks

XOM: -1.2%

CVX: -0.9%

COP: -0.8%

SLB: -1.4%

OXY: -1.5%

Energy shares are down in mid-day trading as crude oil futures switch gears and fall below $94 a barrel.

Light, sweet crude for September delivery is trading down 1.1% to $93.85 a barrel. In other energy futures, heating oil is down 0.3% to $3.08 a gallon while natural gas is down 1.03% to $4.14 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is down 1.75% to $36.55. The United States Natural Gas ETF ( UNG ) is down 1.09% at $10.47.

In mid-day news, Duke Energy ( DUK ) reports Q2 adjusted EPS of $0.33, down from $0.34 a year earlier but beating by 2 cents the Thomson Reuters mean analyst estimate for $0.31. Revenue rose to $3.5 billion. The Street expected $3.3 billion.

Duke Energy shares are down 0.16% to $18.67.

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

UNG DUK USO

Other Topics

Commodities

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