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Sector Update: Energy Stocks Gain Late Afternoon
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Sector Update: Energy Stocks Gain Late Afternoon
Nov 7, 2025 1:10 PM

03:52 PM EST, 11/07/2025 (MT Newswires) -- Energy stocks rose late Friday afternoon, with the NYSE Energy Sector Index climbing 1.7% and the Energy Select Sector SPDR Fund (XLE) adding 1.3%.

The Philadelphia Oil Service Sector Index advanced 0.3%, and the Dow Jones US Utilities Index rose 1%.

West Texas Intermediate crude oil rose 0.7% to $59.82 a barrel, and global benchmark Brent advanced 0.5% to $63.72 a barrel. Henry Hub natural gas futures shed 0.7% to $4.33 per 1 million BTU.

In corporate news, Williams (WMB) shares rose 3.1% after it said Friday its Northeast Supply Enhancement project has received permits from New York and New Jersey.

NextEra Energy ( NEE ) shares rose 2.1% after Bloomberg reported that the company is in advanced talks to buy closely held Symmetry Energy Solutions for about $800 million.

Petrobras (PBR) shares climbed 5.4% after the company said its new P-78 floating production, storage, and offloading unit is set to begin production at the Buzios field by year-end.

Delek US ( DK ) shares rose 5% after the company said it swung to adjusted earnings in Q3.

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