09:17 AM EDT, 07/19/2024 (MT Newswires) -- Energy stocks were higher premarket Friday with the Energy Select Sector SPDR Fund ( XLE ) recently up 0.2%.

The United States Oil Fund ( USO ) was 0.1% lower and the United States Natural Gas Fund ( UNG ) was down 0.6%.

Front-month US West Texas Intermediate crude oil was down 0.7% at $80.74 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.5% to $84.68 per barrel, and natural gas futures were down 2.5% at $2.07 per 1 million British Thermal Units.

Halliburton ( HAL ) shares fell by over 4% after the company reported a Q2 revenue of $5.83 billion, up from $5.80 billion a year earlier but missing the $5.95 billion forecast from analysts polled by Capital IQ.

Schlumberger ( SLB ) advanced by almost 2% after it reported higher Q2 non-GAAP earnings and revenue.

Crescent Energy ( CRGY ) said proxy advisory firms Institutional Shareholder Services and Glass Lewis have each recommended that shareholders approve the company's pending merger with SilverBow Resources ( SBOW ) . Crescent Energy ( CRGY ) was up 0.4% premarket.