03:50 PM EST, 12/05/2025 (MT Newswires) -- Energy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index decreasing 0.5% and the Energy Select Sector SPDR Fund (XLE) adding 0.4%.
The Philadelphia Oil Service Sector Index increased 0.5%, and the Dow Jones US Utilities Index shed 0.5%.
West Texas Intermediate crude oil rose 0.7% to $60.06 a barrel, and global benchmark Brent advanced 0.9% to $63.73 a barrel. Henry Hub natural gas futures jumped 4.6% to $5.30 per 1 million BTU.
In corporate news, Constellation Energy ( CEG ) said Friday it reached a resolution with the US Department of Justice on conditions tied to its acquisition of Calpine, securing the final regulatory clearance needed to close the deal. Constellation shares were down 2.2%.
Oklo ( OKLO ) shares dropped 6.3%. The company said late Thursday that entered into an equity distribution agreement allowing it to sell up to $1.5 billion in common shares through an at-the-market equity offering program.
Diversified Energy ( DEC ) shares gained 3.5% after Johnson Rice upgraded the stock to buy from accumulate, and raised its price target to $23 from $19.
APA (APA) shares gained 2% after Johnson Rice upgraded the stock to accumulate from hold, and adjusted its price target to $40 from $35.
Equinor ( EQNR ) and partner Aker BP have made a new gas and condensate find in Norway's North Sea with estimated recoverable volumes of 30 million to 110 million barrels of oil equivalent, Aker said Friday. Equinor ( EQNR ) shares were down 1.4%.