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Sector Update: Energy Stocks Rise Premarket Tuesday
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Sector Update: Energy Stocks Rise Premarket Tuesday
Oct 21, 2025 6:47 AM

09:26 AM EDT, 10/21/2025 (MT Newswires) -- Energy stocks were rising premarket Tuesday, with the Energy Select Sector SPDR Fund ( XLE ) advancing by 0.2%.

The United States Oil Fund ( USO ) was up 0.2% and the United States Natural Gas Fund ( UNG ) was 1.1% lower.

Front-month US West Texas Intermediate crude oil was 0.7% higher at $57.91 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.5% to $61.29 per barrel, and natural gas futures were down 0.7% at $3.37 per 1 million British Thermal Units.

Halliburton ( HAL ) shares were up more 8% after the company reported Q3 adjusted earnings and revenue that topped analysts' expectations.

Chevron ( CVX ) and Shell (SHEL) are among the oil majors that have reduced oil and gas production at Kazakhstan's Karachaganak field after a Ukrainian drone strike damaged a gas processing plant in Russia, Reuters reported, citing Kazakhstan's energy minister Erlan Akkenzhenov. Chevron ( CVX ) shares were 0.2% higher and Shell stock was up 0.4% premarket.

CenterPoint Energy ( CNP ) shares were down 0.3% after the company said it will sell its Ohio natural gas local distribution company, Vectren Energy Delivery of Ohio, to National Fuel Gas ( NFG ) for $2.62 billion.

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