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Sector Update: Energy Shares Flat Pre-Market As Crude Oil Futures Drop

Top Energy Stocks

XOM: +0.07%

CVX: flat

COP: flat

SLB: +0.51%

OXY: flat

Energy shares were generally flat in pre-market trade Wednesday as crude oil futures were lower.

Light, sweet crude oil for October delivery was down 0.25% at $94.64 per barrel. In other energy futures, heating oil was down 0.09% to $2.75 per gallon while natural gas was up 0.05% at $4.00 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was up 0.14% at $35.20. The United States Natural Gas ETF ( UNG ) was up 0.51% at $21.87.

In other energy news, freight car equipment maker Greenbrier ( GBX ) Wednesday said it has received new purchase orders for rail cars and for a deck cargo barge.

The new orders consist of a marine barge that brings the marine backlog to $112 million, as well as 15,000 railcar units valued at $1.37 billion. Since September 2013, the company has received orders for almost 39,000 railcars in North America and Europe valued at $3.72 billion.

GBX was steady before opening bell on Wednesday after closing at $71.72 Tuesday, in a 52-week range of $23.60 - $74.38.

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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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