Sector Update: Energy Stocks Mixed Thursday Afternoon

MT Newswires Live
2025/07/25

Energy stocks were mixed Thursday afternoon with the NYSE Energy Sector Index easing 0.1% and the Energy Select Sector SPDR Fund (XLE) adding 0.2%.

The Philadelphia Oil Service Sector Index was little changed, and the Dow Jones US Utilities Index fell 0.1%, erasing earlier gains.

West Texas Intermediate crude oil rose 0.3% to $65.45 a barrel, and global benchmark Brent advanced 0.1% to $68.58 a barrel.

US natural gas stocks rose by 23 billion cubic feet in the week ended Friday, smaller than the 27 billion gain expected in a survey compiled by Bloomberg and following an increase of 46 billion in the previous week.

Henry Hub natural gas futures rose 0.2% to $3.08 per 1 million BTU.

In corporate news, BP (BP) is leaving the Australian Renewable Energy Hub, a green hydrogen production facility project, as operator and equity holder, media outlets reported Thursday, citing a statement from a company spokesperson. BP shares fell 1.7%.

TotalEnergies (TTE) shares fell 2.9% after Q2 adjusted earnings and revenue fell from a year earlier.

Bloom Energy (BE) shares surged 25% after the company said it will provide its fuel cell technology to some Oracle (ORCL) cloud infrastructure data centers in the US.

TechnipFMC (FTI) shares jumped 11% after Q2 results topped Wall Street estimates.

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