01:30 PM EDT, 07/22/2024 (MT Newswires) -- Energy stocks were mixed Monday afternoon, with the NYSE Energy Sector Index up 0.1% and the Energy Select Sector SPDR Fund (XLE) decreasing 0.2%.

The Philadelphia Oil Service Sector index was fractionally lower, and the Dow Jones US Utilities index was rising 1%.

Front-month West Texas Intermediate crude oil was declining 0.2% to $80.00 a barrel while the global benchmark Brent crude contract was shedding 0.4% to $82.32 a barrel. Henry Hub natural gas futures jumped 6.5% to $2.27 per 1 million BTU.

In corporate news, Tellurian (TELL) shares surged 66.4% after the company said Sunday that Woodside Energy ( WDS ) will buy all of its outstanding shares for $1 per share in an all-cash deal of about $900 million. Woodside shares were down 0.4%.