09:16 AM EST, 01/03/2025 (MT Newswires) -- Energy stocks were advancing premarket Friday with the Energy Select Sector SPDR Fund ( XLE ) 0.5% higher recently.

The United States Oil Fund ( USO ) was 0.4% higher and the United States Natural Gas Fund ( UNG ) was down 5.4%.

Front-month US West Texas Intermediate crude oil was up 0.5% at $73.49 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.2% to $76.10 per barrel, and natural gas futures were down 5.1% at $3.48 per 1 million British Thermal Units.

Constellation Energy ( CEG ) said Thursday that it has been awarded over $1 billion in contracts by the US General Services Administration, including a 10-year, $840 million deal, to supply power to more than 13 federal government agencies. The company's shares were up 2.6% pre-bell Friday.

Avista ( AVA ) said late Thursday its operating division Avista Utilities has submitted its 2025 Electric Integrated Resource Plan to Washington and Idaho regulators. Avista ( AVA ) shares slid 0.6% in premarket activity Friday.

IDACORP ( IDA ) said Thursday that its Idaho Power unit will raise annual Idaho-jurisdictional retail revenue by $50.6 million, or 3.7%, effective Jan. 1, following an order issued by the Idaho Public Utilities Commission. IDACORP ( IDA ) shares were down 0.3% pre-bell Friday.