The S&P Energy Sector -0.6% is trading below the broader market at -0.3%. Jan crude oil is -0.7% at $87.18/barrel, Dec natural gas is -0.2% at $3.72/MMBtu, Jan RBOB is -0.6% at $2.69/gallon, and Jan heating oil is -0.9% at $3.03/gallon. Trading lower following earnings: GASS (-4.4%). Gainers on news: BWEN (+7.2%) Broadwind Energy won $14 mln in tower orders, AXAS (+0.5%) Abraxas Petroleum Corp. provided operational update; Jore Federal 2-11-3H produced 15,289 BOE (11,785 BO and 21,022 MCF gas) over its first 30 days from the Three Forks. Decliners on news: RDC (-3.3%) Rowan Cos provided fleet contract status; J.P. Bussell awarded contract for ~ one year of work in Malaysia at a day rate in the high $130s, NXY (-1.9%) Nexen: Cnocc (CEO) deal for NXY may be moving along, government developing guidelines for investment, according to reports, REXX (-1.6%) Rex Energy postponed senior notes offering, NBL (-1.0%) Noble Energy announced a discovery at the Big Bend exploration prospect in the deepwater Gulf of Mexico.
Broker calls: DKL (+3.7%) Delek Logistics Partners initiated with an Overweight at Barclays and with a Buy at Goldman, SXE (+2.0%) Southcross Energy Partners initiated with an Outperform at Robert W. Baird; tgt $26; initiated with an Overweight at Barclays, with Buy at Stifel Nicolaus, an Overweight at JP Morgan, and with a Buy at Citigroup, MWE (+1.0%) MarkWest Energy initiated with an Overweight at JP Morgan, CPNO (+0.6%) Copano Energy initiated with a Neutral at JP Morgan, PVR (+0.3%) Penn Virginia initiated with an Overweight at JP Morgan, EXLP (flat) Exterran initiated with a Neutral at JP Morgan, MMR (-15.5) McMoRan Expl downgraded at RBC Capital Mkts, NOV (-1.2%) Natl Oilwell Varco downgraded at Morgan Stanley, DPM (-0.6%) DCP Midstream initiated with a Neutral at JP Morgan, HES (-0.3%) Hess initiated with an add at CapitalOne.






