09:17 AM EDT, 04/25/2024 (MT Newswires) -- Energy stocks were falling premarket Thursday, with the Energy Select Sector SPDR Fund ( XLE ) down 0.1%.

The United States Oil Fund ( USO ) was 0.4% lower, and the United States Natural Gas Fund ( UNG ) retreated 0.7%.

Front-month US West Texas Intermediate crude oil was 0.2% higher at $83 per barrel at the New York Mercantile Exchange. Global benchmark Brent marginally rose to $88.05 per barrel, and natural gas futures were down 2.1% at $1.62 per 1 million BTU.

Helmerich & Payne (HP) shares were down 2.2% after the company overnight reported lower fiscal Q2 earnings and revenue.

Vista Energy (VIST) stock was 4.4% lower after the company reported Q1 adjusted income Wednesday of $0.49 per diluted share, down from $0.80 a year earlier. Three analysts polled by Capital IQ expected $0.88.