03:49 PM EST, 01/10/2025 (MT Newswires) -- Energy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index easing 0.1% and the Energy Select Sector SPDR Fund (XLE) up 0.1%.

The Philadelphia Oil Service Sector index was down 0.2%, and the Dow Jones US Utilities index was shedding 0.5%.

In sector news, the US plans to sanction 180 tankers, dozens of oil traders, two oil companies, and some oil executives in Russia, Reuters reported, citing a document circulating among traders in Asia and Europe whose veracity the news agency "could not verify."

Front-month West Texas Intermediate crude oil jumped 3.6% to $76.55 a barrel, and the global benchmark Brent crude contract spiked 3.5% to $79.64 a barrel. Henry Hub natural gas futures surged 7.5% to $3.98 per 1 million BTU.

In corporate news, Plains All American Pipeline ( PAA ) shares rose 0.9% after Wolfe upgraded the stock to outperform from peer perform, with a price target of $22.

Constellation Energy ( CEG ) agreed to buy privately held energy company Calpine in a cash-and-stock deal for a net price of $26.6 billion, including debt. Constellation shares surged 24%.

Edison International's ( EIX ) Southern California Edison unit said that no fire agencies have suggested that its equipment was involved in the Eaton Fire in Los Angeles. Edison International ( EIX ) shares were down 5.9%.

Kinder Morgan ( KMI ) temporarily shut down its SFPP West and CALNEV fuel pipelines in Los Angeles on Jan. 8 due to power outages caused by the wildfires, Reuters reported. Kinder Morgan ( KMI ) shares were shedding 0.8%.