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Stock impact report

Stocks slide as oil surges to 7-year high [FOX Business Network]

Diamondback Energy, Inc. (FANG) 
Last diamondback energy, inc. earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Barron's editorial director suggests with the tax increase, investor should pay attention to high yield munis U.S. stock futures were modestly lower Monday morning as oil prices climbed to their highest level in seven years. Dow Jones Industrial Average futures slipped 110 points, or 0.32%, while S&P 500 futures and Nasdaq 100 futures declined 0.49% and 0.69%, respectively. The losses come after the S&P 500 last week gained 1.2%, making for the best weekly performance since late June. In stocks, Diamondback Energy Inc., ExxonMobil Corp. and Cabot Oil & Gas Corp. were among the early leaders as West Texas Intermediate crude soared $2.02 to $81.37 per barrel, a seven-year high. Elsewhere in the space, Chevron Corp. announced it would target zero net emissions for some upstream gas emissions by 2050. A number of other energy companies have already announced plans to reduce greenhouse gas emissions. Southwest Airlines Co. blamed air traffic control problems, bad weather in Flor Show less Read more
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