09:21 AM EST, 11/07/2024 (MT Newswires) -- Energy stocks were advancing pre-bell Thursday as the Energy Select Sector SPDR Fund ( XLE ) was 0.2% higher recently.

The United States Oil Fund ( USO ) was down 1.1% and the United States Natural Gas Fund ( UNG ) was 1.9% lower.

Front-month US West Texas Intermediate crude oil was 0.7% lower at $71.21 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.5% to $74.58 per barrel. Natural gas futures were down 2.5% at $2.679 per 1 million British Thermal Units.

Murphy Oil ( MUR ) shares fell by 0.8% after the company reported lower Q3 adjusted net income from continuing operations and revenue that still topped analysts' expectations.

Chord Energy ( CHRD ) shares were down 3% after the company reported a decline in Q3 adjusted earnings.

Halliburton ( HAL ) shares fell by 1.7% after the company reported lower Q3 adjusted earnings and revenue.