H E L P ~~~ Mr. Chartguru ---- when do we make the BUY move(s) here?
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Sector Update: Energy Stocks Lower as Crude Slips Below $80 per Barrel
MIDNIGHT TRADER 8:25 AM ET 10/30/14
Symbol Last Price Change USO 31.23up 0 (0%) XEL 32.85down 0 (0%) QUOTES AS OF 04:00:00 PM ET 10/29/2014
08:25 AM EDT, 10/30/2014 (MT Newswires) -- Top Energy Stocks
XOM: -0.62%
CVX: -0.05%
COP: +1.51%
SLB: -0.46%
OXY: -0.52% Energy shares were mainly lower in pre-market trade Thursday as crude oil futures dropped below $80 per barrel.
Light, sweet crude oil for December delivery was down 0.88% at $79.44 per barrel. In other energy futures, heating oil was down 0.73% at $2.42 per gallon while natural gas was up 0.61% at $3.38 British thermal units.
In energy ETFs, the United States Oil Fund(USO) was down 1.06% at $30.90. The United States Natural Gas ETF (UNG) was up 1.28% at $19.84.
In other energy news, Xcel Energy(XEL) , a power and gas utility, reported Q3 results that missed Street projections on both EPS and total revenues, hurt by weather impact.
The company reported Q3 adjusted EPS of $0.73, down from $0.77 in 2013 and missing analyst estimates of $0.75 for the quarter.
Total revenues of $2.86 billion were up from $2.82 billion in Q3 2013 but fell short of analyst projections of $3.20 billion.
Shares in the company were trading 0.04% higher at $32.86 during Thursday's pre-market trading session. Over the past 52 weeks, the company has traded between $27.27 and $33.16.
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