01:53 PM EDT, 05/06/2025 (MT Newswires) -- Energy stocks were mixed Tuesday afternoon, with the NYSE Energy Sector Index up 0.3% and the Energy Select Sector SPDR Fund (XLE) easing 0.1%
The Philadelphia Oil Service Sector index rose 0.1%, and the Dow Jones US Utilities index was climbing 1.6%.
Front-month West Texas Intermediate crude oil was rising 3.4% to $59.09 a barrel, and the global benchmark Brent crude contract was advancing 3.1% to $62.09 a barrel. Henry Hub natural gas futures were 3% lower at $3.44 per 1 million BTU.
In corporate news, Constellation Energy ( CEG ) shares jumped past 11%. The company reported Q1 adjusted operating earnings of $2.14 per share, up from $1.82 a year earlier but below the FactSet consensus of $2.18. Operating revenue was $6.79 billion, exceeding the FactSet consensus of $5.56 billion.
Peabody Energy ( BTU ) confirmed that it's exploring a potential partial sale of its Centurion coal mine in Australia. Separately, Peabody reported Q1 earnings of $0.27 per share, down from $0.29 a year earlier. A single analyst expected $0.10 in a FactSet poll. Peabody shares gained past 7%.
Talos Energy ( TALO ) shares rose nearly 7% after it reported a swing to Q1 adjusted earnings as revenue increased during the period.