09:24 AM EDT, 05/10/2024 (MT Newswires) -- Energy stocks were up in Friday's premarket activity with the Energy Select Sector SPDR Fund ( XLE ) recently advancing by 0.4%.

The United States Oil Fund ( USO ) was 0.1% higher and the United States Natural Gas Fund ( UNG ) was down 0.7%.

Front-month US West Texas Intermediate crude oil was up 0.5% at $79.64 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.4% to $84.20 per barrel. Natural gas futures were up 0.2% at $2.306 per 1 million British Thermal Units.

Baytex Energy ( BTE ) fell by over 3% after it reported a Q1 loss of 0.02 Canadian dollars ($0.02) per diluted share, swinging from earnings of CA$0.09 per share a year earlier.

Enbridge ( ENB ) was up nearly 2% after it reported higher Q1 adjusted earnings and distributable cash flow.

Exxon Mobil ( XOM ) Chief Executive Darren Woods may not have the vote of the California Public Employees' Retirement System for his reelection to the company board, the Financial Times reported. Exxon Mobil ( XOM ) was 0.3% higher pre-bell.