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Sector Update: Energy Shares Higher; Crude Slips, Trades Below $94 a Barrel

NYMEX Benchmark Crude January: (-$0.22) to $93.58

Top Energy Stocks

XOM: +0.2%

CVX: +0.5%

COP: +0.4%

SLB: +0.3%

OXY: 1.5%

Energy shares are higher in late trading while while crude oil futures traded down below $94 a barrel.

Light, sweet crude for January delivery was down $0.22 to $93.58 a barrel.

Meanwhile, Kosmos Energy ( KOS ) is upgraded to overweight from equalweight at Barclays Capital Plc, Bloomberg reports. The target price is $17 per share, it said.

KOS is up 6.0%.

Delta Petroleum ( DPTR ) is down 35% after the company and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

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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