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Energy Sector Remains In Red, Though Losses Are Milder

By Steve Gelsi Shares of companies in the petroleum industry fell for a sixth straight session Friday, but investors were spared more brutal losses. Oil-service shares gained. The NYSE Arca Oil Index fell 0.4% to 947, its lowest level since last August. The NYSE Arca Natural Gas Index dipped 0.2% to 490. The Philadelphia Oil Service Index rose 0.5% to 175. Among stocks on the move, Spanish oil producer Repsol YPF SA (REP, REP.MC) rose 1.2%. Southwestern Energy Co. (SWN) rose 1.4%. Ensco PLC (ESV) jumped nearly 4%. BP PLC (BP, BP.LN) fell 1.5% after it said it expects a revised spill-flow estimate from a government panel over the weekend from its Deepwater Horizon accident in the Gulf of Mexico. It may attempt a "top-kill" action to clog the well in coming days. The NYSE Arca Oil Index traded at 946 on Friday, down a hefty 62 points from its ending point of 1008 seven days ago. The NYSE Arca Natural Gas Index traded at 490 on Friday, off 43 points from its close of 533 a week ago. The Philadelphia Oil Service Index traded at 176 on Friday, down 17 points from its level of 193 last Friday. -By Steve Gelsi; 415-439-6400; AskNewswires@dowjones.com

Stock News for Ensco (ESV)
DateTimeHeadline
05/22/201512:04:02The 3 Best Stocks to Invest in to Profit From Rising Dayrates
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201512:50:09Ensco Files 8K - Changes Executive Management
05/19/201512:25:13Securities Registration: Employee Benefit Plan (s-8)
05/19/201512:20:26Current Report Filing (8-k)
05/19/201509:45:00Ensco plc Announces Cash Dividend
05/18/201514:06:02Offshore Drilling Stocks: 3 Vital Factors Investors Need to Be...
05/18/201513:24:00Ensco plcâs Board of Directors Appoints Paul Rowsey Non-Executive C...
05/18/201511:53:59Ensco Files 8K - Regulation FD
05/18/201511:24:18Current Report Filing (8-k)
05/16/201512:00:033 Types of Risky High-Dividend Oil Stocks
05/14/201517:00:025 Things Ensco plc's Management Wants You to Know
05/08/201512:00:02Is the Tide Rising for Offshore Energy Stocks?
05/06/201514:32:53Additional Proxy Soliciting Materials (definitive) (defa14a)
05/05/201517:23:12Additional Proxy Soliciting Materials (definitive) (defa14a)
05/05/201514:29:00ENSCO 110 and ENSCO 104 Each Contracted for Three-Year Terms
05/05/201503:13:12Ensco Plc Rating Increased to Hold at Evercore ISI (ESV)
04/30/201515:16:04This Is What Fueled Ensco plc's Stock to Rally 12% Today
04/30/201514:00:12Ensco plc Earnings May Look Rosy, But Investors Should Mind the...
04/30/201512:06:04Quarterly Report (10-q)

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