financetom
Market
financetom
/
Market
/
Sector Update: Energy Stocks Advance Premarket Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy Stocks Advance Premarket Wednesday
Oct 29, 2025 6:44 AM

09:28 AM EDT, 10/29/2025 (MT Newswires) -- Energy stocks were advancing premarket Wednesday, with The Energy Select Sector SPDR Fund ( XLE ) 0.2% higher.

The United States Oil Fund ( USO ) was up 0.4% and the United States Natural Gas Fund ( UNG ) was 1.7% lower.

Front-month US West Texas Intermediate crude oil was slightly lower at $60.13 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained marginally to reach $64.41 per barrel, and natural gas futures were down 3.8% at $3.22 per 1 million British Thermal Units.

ProPetro Holding ( PUMP ) stock was nearly 23% higher after the company reported a narrower Q3 loss.

Equinor ( EQNR ) shares were down 0.3% after the company posted lower Q3 adjusted earnings that also missed analysts' expectations.

Phillips 66 (PSX) shares were down 0.4% even after the company reported higher Q3 adjusted earnings.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Top Midday Stories: Micron Shares Tumble After Guidance Miss; Amazon Workers at 7 Facilities Go on Strike
Top Midday Stories: Micron Shares Tumble After Guidance Miss; Amazon Workers at 7 Facilities Go on Strike
Dec 19, 2024
11:44 AM EST, 12/19/2024 (MT Newswires) -- All three major US stock indexes were up in late-morning trading, bouncing back from a late-afternoon plunge on Wednesday after the Federal Reserve lowered its guidance for interest rate cuts in 2025 to two from four. In company news, Micron Technology ( MU ) reported fiscal Q1 non-GAAP earnings late Wednesday of $1.79...
US STOCKS-Wall St rebounds after Fed's hawkish cut triggers selloff
US STOCKS-Wall St rebounds after Fed's hawkish cut triggers selloff
Dec 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Micron, Lennar ( LEN ) fall after results * Banks firm as U.S. bond yields rise * Megacap and growth stocks bounce back * Indexes up: Dow 0.61%, S&P 500 0.57%, Nasdaq 0.67% (Updates to late morning trading) By...
Bund yields jump to 4-week high after Fed signals caution
Bund yields jump to 4-week high after Fed signals caution
Dec 19, 2024
Dec 19 (Reuters) - Euro zone long-dated government bond yields jumped on Thursday, after the Federal Reserve cut interest rates but signalled it would slow the pace of easing in 2025. Germany's 10-year yield, the euro area's benchmark, rose 7 basis points to 2.31%, after touching 2.322%, its highest level since Nov. 22. It rose 1 bp on Wednesday. Yields...
Climb Bio to Join Nasdaq Biotechnology Index
Climb Bio to Join Nasdaq Biotechnology Index
Dec 19, 2024
10:47 AM EST, 12/19/2024 (MT Newswires) -- Climb Bio ( CLYM ) said Thursday it will be added to the Nasdaq Biotech Index as part of the annual reconstitution of the stock exchange's indexes. The company's inclusion in the index will be effective before market open on Monday, the company said. Price: 1.92, Change: -0.11, Percent Change: -5.19 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved