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Sector Update: Energy Stocks Advance Pre-Bell Tuesday
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Sector Update: Energy Stocks Advance Pre-Bell Tuesday
Mar 11, 2025 6:45 AM

09:20 AM EDT, 03/11/2025 (MT Newswires) -- Energy stocks advanced pre-bell Tuesday, with The Energy Select Sector SPDR Fund ( XLE ) up 0.5%.

The United States Oil Fund ( USO ) and United States Natural Gas Fund ( UNG ) were 1.3% higher.

Front-month US West Texas Intermediate crude oil was up 1% at $66.71 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.1% to reach $70.03 per barrel, and natural gas futures were 0.8% higher at $4.53 per 1 million British Thermal Units.

HighPeak Energy ( HPK ) shares were down past 5% after the company overnight reported lower Q4 net income and operating revenue that also missed analysts' expectations.

Archrock ( AROC ) has agreed to acquire Natural Gas Compression Systems and NGCSE in a cash-and-stock deal valued at about $357 million, the companies said. Archrock ( AROC ) shares were up over 1% premarket.

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