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Sector Update: Energy
Oct 31, 2025 1:02 PM

03:39 PM EDT, 10/31/2025 (MT Newswires) -- Energy stocks were rising late Friday afternoon, with the NYSE Energy Sector Index up 0.8% and the Energy Select Sector SPDR Fund (XLE) adding 1.2%.

The Philadelphia Oil Service Sector Index was decreasing 0.2%, and the Dow Jones US Utilities Index was down 0.4%.

Front-month West Texas Intermediate crude oil rose 0.5% to $60.90 a barrel, and the global benchmark Brent crude contract advanced 0.1% to $65.07 a barrel. Henry Hub natural gas futures gained 3.9% to $4.11 per 1 million BTU.

In corporate news, Cenovus Energy ( CVE ) Chief Executive Jonathan McKenzie said MEG Energy postponed a shareholder vote on his company's takeover bid because of a complaint by a former MEG employee, who holds about 4,000 shares, Bloomberg reported. Separately, Cenovus posted higher Q3 earnings. Cenovus shares rose 1.1%.

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