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Sector Update: Energy
Oct 13, 2025 12:54 PM

03:31 PM EDT, 10/13/2025 (MT Newswires) -- Energy stocks rose late Monday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each adding 1.2%.

The Philadelphia Oil Service Sector Index climbed 2.7%, and the Dow Jones US Utilities Index gained 1.2%.

West Texas Intermediate crude oil rose 1.2% to $59.63 a barrel, and global benchmark Brent advanced 1.1% to $63.45 a barrel. Henry Hub natural gas futures decreased 0.2% to $3.10 per 1 million BTU.

In corporate news, Chord Energy's ( CHRD ) upcoming Q3 report is expected to include a positive operations update on its four-mile lateral drilling program in the Williston Basin, UBS Securities said, adding that the initiative is a key catalyst for efficiency gains expected in 2026 and beyond. Chord shares rose 2%.

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