01:44 PM EST, 11/21/2025 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.1% and the Energy Select Sector SPDR Fund (XLE) rising 0.7%.

The Philadelphia Oil Service Sector Index was climbing 1.4%, and the Dow Jones US Utilities Index was increasing 0.3%.

Front-month West Texas Intermediate crude oil declined 2% to $57.81 a barrel, and the global benchmark Brent crude contract dropped 1.7% to $62.31 a barrel. Henry Hub natural gas futures rose 3.9% to $4.65 per 1 million BTU.

In corporate news, Enviri ( NVRI ) shares jumped nearly 28% after it said Friday that it agreed to sell its hazardous-waste unit Clean Earth to French water and waste management company Veolia Environnement in a deal worth about $3.04 billion. The American environmental company plans to spin off its Harsco environmental and rail businesses into a standalone publicly traded entity.

Constellation Energy ( CEG ) said Friday that it has promoted Chief Financial Officer Dan Eggers to senior executive vice president, finance and data economy. The company tapped Shane Smith to succeed Eggers as CFO. Constellation shares were down 2.9%.

BP's (BP) 400-mile Olympic Pipeline remains shut after a fuel leak earlier this month near Everett, Washington, Reuters reported Thursday, citing an emailed statement by the company. Response crews have started excavation of the pipelines to allow for visual inspection, BP reportedly said. BP shares were gaining 0.8%.