01:52 PM EST, 11/07/2024 (MT Newswires) -- Energy stocks were mixed Thursday afternoon, with the NYSE Energy Sector Index up 0.1% and the Energy Select Sector SPDR Fund (XLE) shedding 0.5%.

The Philadelphia Oil Service Sector index was posting a 2% drop, and the Dow Jones US Utilities index was decreasing 0.3%.

Front-month West Texas Intermediate crude oil was adding 1.4% to $72.73 a barrel while the global benchmark Brent crude contract was advancing 1.4% to $75.96 a barrel. Henry Hub natural gas futures fell 2.6% to $2.68 per 1 million BTU.

US natural gas stocks rose by 69 billion cubic feet in the week ended Nov. 1, slightly larger than the 68 billion gain expected in a Bloomberg survey and following an increase of 78 billion cubic feet in the previous week.

In corporate news, Duke Energy ( DUK ) reported Q3 adjusted earnings of $1.62 per share, down from $1.94 a year ago. Analysts polled by Capital IQ expected $1.73. Its shares fell 2.6%.

Berry (BRY) shares tumbled nearly 10% after the upstream energy company reported Q3 adjusted diluted earnings of $0.14 per share, down from $0.15 a year earlier.

Permian Resources ( PR ) shares rose 2.4%. The company reported Q3 adjusted earnings late Wednesday of $0.35 per diluted share, down from $0.39 a year earlier, but ahead of the $0.32 expected by analysts surveyed by Capital IQ.