BUZZ-S&P energy index surges as crude hovers at 2016 highs

Tue Jun 7, 2016 10:51am EDT
 
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** S&P energy index up 1.6 pct as oil prices hover around 2016 highs

** The index - easily the top boost to the S&P 500 - is running at 2-day gains of 3.6 pct, their best 2-day pct gain since early March

** Both Brent and U.S. crude up just under 1 pct at or just above $50/bbl

** Chevron up 1.5 pct and Exxon up 1.1 pct, among top gainers on the Dow Jones industrial average

** Among E&Ps, Shell up 3.5 pct, Anadarko up 2.9 pct and ConocoPhillips up 2 pct

** Top gainers include Emerge Energy Services up 9.4 pct, EP Energy 5.7 pct, Bonanza Creek 5.6 pct

** Oilfield service providers Basic Energy up 7.5 pct, Pioneer Energy 4.5 pct, Helmerich & Payne 3.4 pct

** Drillers North Atlantic Drilling up 7.4 pct, Precision Drilling 4.8 pct, Nabors 4.4 pct