NYMEX Benchmark Crude September: (+4.5%) to $82.89
Top Energy Stocks
Energy shares have come off session lows but are still sitting mostly in the red in late trading as crude oil futures finished the day up 4.5% after several sessions of declines.
Light, sweet crude oil for September delivery finished up 4.5% to $82.89 a barrel. In other energy futures, heating oil was up 3.62% to $2.86 a gallon while natural gas was up 0.23% to $4.00 per million British thermal units.
In late-session energy news, the slip in Exxon Mobil ( XOM ) shares has sent the market value of the oil major - heretofore the most valuable company in the world as judged by market capitalization - below that of computer maker Apple ( AAPL ).
Exxon's market value is $339.67 billion while Apple's is $343.68 billion.
Exxon shares are down 1.97%, or $1.40, to $69.73.
Meanwhile, Ultra Petroleum ( UPL ) reported Q2 EPS of $0.67, which tops analyst expectations by $0.01. Revenue increased 9% from the previous year period to $281 million, missing by $49 million.
Ultra Petroleum shares are down 5.72% to $38.39.
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