Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index down 0.4% and the Energy Select Sector SPDR Fund (XLE) decreasing 0.7%.

The Philadelphia Oil Service Sector index dropped 1.6%, while the Dow Jones US Utilities index rose 1.5%.

Front-month West Texas Intermediate crude oil was shedding 0.4% to $67.30 a barrel, and the global benchmark Brent crude contract was retreating 0.5% to $69.20 a barrel. Henry Hub natural gas futures fell 0.7% to $3.52 per 1 million BTU.

In corporate news, Chevron (CVX) has completed its $53 billion acquisition of Hess (HES) after it won its legal dispute with Exxon Mobil (XOM) over offshore oil assets in Guyana. Chevron shares were down 1.1%, Exxon was falling 3.2% and Hess was up 1%.

Hess Midstream (HESM) shares rose past 6% after it said Friday it's making changes to its board and executive leadership following the completion of the merger between Hess and Chevron, which now owns Hess' 37.8% stake in Hess Midstream.

Talen Energy (TLN) shares surged 24% after the power producer agreed to acquire two gas-fired plants in Pennsylvania and Ohio in a deal with a net value of about $3.5 billion.