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Sector Update: Energy Stocks Higher Friday Afternoon

Sector Update: Energy Stocks Higher Friday Afternoon

MT newswireMT newswire2026/11/06 17:43
01:43 PM EST, 11/06/2026 (MT Newswires) -- Energy stocks advanced Friday afternoon, with the NYSE Energy Sector Index up 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.6%. The Philadelphia Oil Service Sector Index was climbing 2.1%, and the Dow Jones US Utilities Index was slightly lower. Front-month West Texas Intermediate crude oil shed 0.6% to $89.91 a barrel, and the global benchmark Brent crude contract fell 1% to $97.33 a barrel. Henry Hub natural gas futures rose 1.6% to $3.00 per 1 million BTU. In corporate news, Vistra (VST) shares jumped 10% after it reported Q3 net income and operating revenue Friday that rose year on year and beat analyst estimates. Devon Energy (DVN) shareholder TOMS Capital Investment Management, or TCIM, said Friday it was "profoundly disappointed" that Devon decided not to sell additional assets after finishing its strategic review. However, the hedge fund manager said it was "encouraged" by a recent call in which Devon's lead independent director Brent Smolik gave assurance that Devon would engage with interested third parties regarding a potential sale of the entire company. Devon shares were down 1.7%. Delek US (DK) shares rose 1.4% after it reported higher Q3 adjusted earnings and net revenue.
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华尔街见闻•2026/11/10 23:03