financetom
Market
financetom
/
Market
/
Sector Update: Energy Stocks Mixed Late Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy Stocks Mixed Late Afternoon
Mar 11, 2026 2:24 AM

03:46 PM EST, 01/30/2026 (MT Newswires) -- Energy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.4%.

The Philadelphia Oil Service Sector Index shed 0.4%, and the Dow Jones US Utilities Index fell 0.7%.

Front-month West Texas Intermediate crude oil rose 0.3% to $65.63 a barrel, and the global benchmark Brent crude contract was fractionally lower at $70.69 a barrel. Henry Hub natural gas futures jumped 11% to $4.35 per 1 million BTU.

In corporate news, Chevron ( CVX ) and Exxon Mobil ( XOM ) on Friday reported better-than-expected Q4 results amid higher oil output, which offset the impact of lower crude prices. Chevron ( CVX ) shares rose 2.9%, and Exxon was up 0.7%.

Gran Tierra Energy ( GTE ) shares fell past 12% after Canaccord Genuity downgraded the stock to hold from buy.

GeoPark ( GPRK ) shares dropped 1.9% after it said late Thursday it has agreed to buy Frontera Petroleum International from Frontera Energy for $375 million in cash and a contingent payment of $25 million upon achievement of milestones.

Teck Resources ( TECK ) acquisition by UK's Anglo American has been cleared by the European Commission, the regulator said Friday. Teck shares were down past 8%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Equities Rise, Oil Dips as Traders Weigh Prospects of Iran War Ceasefire
Equities Rise, Oil Dips as Traders Weigh Prospects of Iran War Ceasefire
Mar 25, 2026
04:43 PM EDT, 03/25/2026 (MT Newswires) -- US equities rose Wednesday, while oil prices dropped as hopes for an easing in the Middle East conflict re-emerged. The Nasdaq Composite closed 0.8% higher at 21,929.8, while the Dow Jones Industrial Average climbed 0.7% to 46,429.5. The S&P 500 advanced 0.5% to 6,591.9. Barring energy and real estate, all sectors were in...
US stock futures slip as Middle East war de-escalation remains uncertain
US stock futures slip as Middle East war de-escalation remains uncertain
Mar 26, 2026
March 26 (Reuters) - U.S. stock index futures were down on Thursday, following gains in the previous session, as investors remained cautious over developments in the Middle East while weighing the prospects of a de-escalation. U.S. President ​Donald Trump said Iran was desperate to make a deal to end the fighting, contradicting the Iranian foreign minister who said Tehran was...
Commercial Metals, Worthington Steel And 3 Stocks To Watch Heading Into Thursday
Commercial Metals, Worthington Steel And 3 Stocks To Watch Heading Into Thursday
Mar 26, 2026
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Commercial Metals Co. ( CMC ) to report quarterly earnings at $1.33 per share on revenue of $2.09 billion quarter before the opening bell, according to data from Benzinga Pro. Commercial Metals ( CMC...
US STOCKS-US stock futures slip as Middle East war de-escalation remains uncertain
US STOCKS-US stock futures slip as Middle East war de-escalation remains uncertain
Mar 26, 2026
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.52%, S&P 500 0.59%, Nasdaq 0.73% March 26 (Reuters) - U.S. stock index futures were down on Thursday, following gains in the previous session, as investors remained cautious over developments in the Middle East while weighing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved