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Sector Update: Energy Shares Mixed Ahead of the Close

Highs and Lows Stock Data

NYMEX Benchmark Crude July: (-0.2%) to $100.22

Top Energy Stocks

XOM: -0.04%

CVX: -0.1%

COP: +0.5%

SLB: +1.4%

OXY: +0.7%

Energy shares are mixed in the last hour of trading for the week as crude oil futures pared some of their early losses to close above $100 a barrel--but still in the red.

Light, sweet crude oil for July delivery finished down 0.2% to $100.22 a barrel. In other energy futures, heating oil was up 0.5% to $3.05 a gallon while natural gas was down 1.79% to $4.70 per million British thermal units.

In energy ETFs, the United States Oil Fund (USO) is down 0.26% to $39.58. The United States Natural Gas ETF (UNG) is down 1.8% at $11.95.

In late-session energy news, El Paso Corp. ( EP ) today said that it has amended and restated its revolving credit facility and also renewed its El Paso Exploration & Production Company, or EPEP, revolving credit facility. Both were set to mature in 2012.

There were no material changes to the covenant and collateral package regarding the $1 bln borrowing base facility for EPEP.

El Paso shares are down 0.78%, or $0.16, to $20.44.

Meanwhile, Chevron Corp. ( CVX ) said late Thursday four people died and one remained in serious condition at a nearby hospital after an explosion of a storage tank at its refinery in Pembroke, Wales.

Authorities at the scene said the fire began after a blast at a 730 cubic meter storage tank during maintenance work. An adjacent storage tank was also damaged.

Chevron shares are up 0.06%, or $0.06, to $101.18.

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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