Coal sector stocks saw gains Friday, April 8, as tradingactivity for most energy companies finished in the green zone. The SNL CoalIndex closed up 5.75% to 40.69.
The top performer from the coal sector was , shares of whichclimbed 7.04% on light volume to close at $11.86. Shares of jumped6.86% in weak trading to end the session at $8.41, while shares lifted6.35% on brisk volume to settle at $15.24. Shares of earned 3.99% to$7.30.
Should each constituent of the S&P 500 pare their directemissions down to zero, the impact would be roughly to removing all the emissionsproduced in France, Germany and U.K. combined, according to the recentlyreleased S&P Index Carbon Emitter Scorecard. Announced by S&P Dow JonesIndices, the research provides regional and thematic breakdowns of carbonemissions of major global equity benchmarks.
S&P Dow Jones Indices and S&P Global MarketIntelligence are units of McGraw Hill Financial Inc.
Among merchant generators, increases in the sector's stockswere led by Dynegy Inc.The company's shares surged 4.65% to $15.09 on weak volume. Shares ofNRG Energy Inc.finished up 3.51%, at $12.67, whereas TalenEnergy Corp. shares saw a 3.35% rise to $10.79. Shares ofTerraForm Power Inc.advanced 2.02% to $9.59 in average trading.
The SNL Merchant Generator Index went up 1.09% to 95.14.
May natural gas futuresmoved lower in the week's closing session, pressured by the weight of a recordend-of-season natural gas inventory and the impending arrival of spring weather.The contract settled 2.8 cents lower on the day at $1.990/MMBtu.
Among electric utilities, shares of ended 0.12% higher at$50.73, after PowerSecureInternational Inc. said its stockholders will May 5 to decide on Southern'sproposed acquisition of the company.
In the midstream energy space, led gains among thesector and its shares climbed 22.77% to $1.24 on strong volume. Shares ofVanguard Natural Resources LLCearned 14.67% to settle at $1.72 on double average volume and sharesadvanced 13.86% to $8.05. Shares of SouthwesternEnergy Co. lifted 8.36% to $8.68 in below-average trading.
The SNL Midstream Energy Index surged 2.62% to 96.89.
The Dow Jones Industrial Average rose 0.20% to 17,576.96,and the S&P 500 increased 0.28% to 2,047.60.
Market prices andindex values are current as of the time of publication and are subject tochange.