03:47 PM EDT, 06/25/2024 (MT Newswires) -- Energy stocks were mixed late Tuesday afternoon with the NYSE Energy Sector Index shedding 0.1% and the Energy Select Sector SPDR Fund (XLE) adding 0.1%.

The Philadelphia Oil Service Sector index rose 0.1%, and the Dow Jones US Utilities index dropped 1.5%.

West Texas Intermediate crude oil declined 1% to $80.79 a barrel, while global benchmark Brent crude fell 1.2% to $84.96 a barrel. Henry Hub natural gas futures slumped 3.2% to $2.719 per 1 million BTU.

In corporate news, Exxon Mobil ( XOM ) is well positioned for the next five years, thanks to a mix of business drivers, including an increase in upstream volumes, UBS said in a note. UBS raised its price target on Exxon to $154 a share from $152 with a buy rating. Exxon shares rose 0.1%.

Nano Nuclear Energy ( NNE ) shares surged 39% as Benchmark increased its price target on the company to $39 from $15 while maintaining a buy rating. The company said Monday it acquired the annular linear induction pump intellectual property for nuclear reactor cooling and heat transfer from Maidana Research's Carlos Maidana.

Eversource Energy ( ES ) faces performance hurdles, including a "weak balance sheet, projected EPS growth at the low end of guidance and need to improve regulatory outcomes" in Connecticut, BofA Securities said. BofA upgraded its rating on Eversource's stock to neutral from underperform and reiterated a price target of $61. Eversource shares fell 1.6%.

Clean Energy Fuels ( CLNE ) opened a new renewable natural gas station in Carney's Point, New Jersey. Its shares fell 4.4%.