01:51 PM EST, 02/03/2025 (MT Newswires) -- Energy stocks were mixed Monday afternoon, with the NYSE Energy Sector Index decreasing 0.3% and the Energy Select Sector SPDR Fund (XLE) up 0.4%.

The Philadelphia Oil Service Sector index was down 0.7%, and the Dow Jones US Utilities index was adding 0.2%.

Front-month West Texas Intermediate crude oil was up 0.1% at $72.57 a barrel while the global benchmark Brent crude contract was shedding 0.3% to $75.47 a barrel. Henry Hub natural gas futures jumped 9.5% to $3.33 per 1 million BTU.

In corporate news, Phillips 66's (PSX) 25% equity interest in Gulf Coast Express Pipeline has been acquired by ArcLight Capital Partners and its affiliates for $865 million, ArcLight said. Phillips 66 shares were down 1.3%.

Stabilis Solutions ( SLNG ) said Westervelt Ballard Jr. departed as chief executive on Friday, and Executive Chairman J. Casey Crenshaw, a majority shareholder, was named interim CEO. Stabilis shares dropped 9%.

Ecopetrol ( EC ) shares popped 3%. The company said its Ecopetrol Permian unit and Occidental Petroleum ( OXY ) have agreed to extend the development plan of Rodeo Midland Basin.

Occidental shares were down 1%.