financetom
Market
financetom
/
Market
/
Sector Update: Energy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy
Aug 20, 2024 6:39 AM

09:08 AM EDT, 08/20/2024 (MT Newswires) -- Energy stocks were edging lower premarket Tuesday with the Energy Select Sector SPDR Fund (XLE) recently down 0.2%.

The United States Oil Fund (USO) was 0.2% lower and the United States Natural Gas Fund (UNG) was down 0.3%.

Gran Tierra Energy ( GTE ) shares were down more than 6% after saying it has agreed to acquire the UK's i3 Energy for about 174.1 million British pounds ($226.7 million) in cash and stock.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Equity Indexes Rise Midday Ahead of Fed's Policy Announcements
US Equity Indexes Rise Midday Ahead of Fed's Policy Announcements
Dec 18, 2024
12:29 PM EST, 12/18/2024 (MT Newswires) -- US equity indexes rose after midday Wednesday, with the Dow Jones Industrial Average leading the pack, as investors expect the Federal Reserve to shed more light on the state of its policy easing program. The S&P 500 climbed 0.3% to 6,067.4, with the Nasdaq up 0.2% to 20,154.1 and the Dow Jones Industrial...
TREASURIES-US yields mixed as markets await Fed guidance on 2025 rate cuts
TREASURIES-US yields mixed as markets await Fed guidance on 2025 rate cuts
Dec 18, 2024
* US rate futures price in just two cuts in 2025 * US 2/10 yield curve steepened: widest gap in five weeks * US housing starts fall; single family starts rise By Gertrude Chavez-Dreyfuss NEW YORK, Dec 18 (Reuters) - U.S. Treasury yields were mixed on Wednesday, with the long end of the curve moderately higher, as investors stayed sidelined...
Top Midday Stories: General Mills Lowers Adjusted EPS Guidance; Merck Strikes Licensing Deal With Chinese Drugmaker to Develop Weight-Loss Pill
Top Midday Stories: General Mills Lowers Adjusted EPS Guidance; Merck Strikes Licensing Deal With Chinese Drugmaker to Develop Weight-Loss Pill
Dec 18, 2024
11:55 AM EST, 12/18/2024 (MT Newswires) -- All three major US stock indexes were up around midday trading on Wednesday ahead of the Federal Reserve's consequential decision on interest rates that will be announced later in the day. In company news, General Mills ( GIS ) reported fiscal Q2 adjusted earnings Wednesday of $1.40 per diluted share, up from $1.25...
US STOCKS-Wall Street rises with all eyes on Fed decision and forecasts
US STOCKS-Wall Street rises with all eyes on Fed decision and forecasts
Dec 18, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Fed's rate decision expected at 2:00 p.m. ET * Birkenstock ( BIRK ) up after beating estimates for Q4 results * Indexes up: Dow 0.37%, S&P 500 0.2%, Nasdaq 0.2% (Updates with mid-morning trade) By Lisa Pauline Mattackal and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved