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Energy Flat On Volatile Session As Natural-Gas Rally Continues -- Energy Roundup

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09/24/2020 | 05:33pm EDT

Shares of energy companies were more or less flat on a volatile trading session, as a dramatic bounce for natural gas prices continued.

Natural-gas futures rose 5.8% to $2.25 a million British thermal units, completing their largest two-session gain since November 2018, amid reports that the gas-processing infrastructure on the Gulf of Mexico coast was badly snarled by recent hurricane activity.

Noble Corp., an operator of offshore oil-and-gas drilling rigs, has settled multibillion-dollar litigation over its 2014 spinoff of Paragon Offshore, a critical step in Noble's path to exiting bankruptcy.

 

Write to Rob Curran at rob.curran@dowjones.com


Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.53% 37.86 Delayed Quote.-43.09%
NOBLE CORPORATION PLC -1.70% 0.0231 Delayed Quote.-98.11%
WTI -1.29% 35.72 Delayed Quote.-41.06%
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