Energy stocks fell premarket Thursday with the Energy Select Sector SPDR Fund (XLE) 0.9% lower recently.
The United States Oil Fund (USO) was down 0.8% and the United States Natural Gas Fund (UNG) was 0.3% higher.
Front-month US West Texas Intermediate crude oil was down 0.9% at $57.69 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.8% to $60.56 per barrel, and natural gas futures were 1.3% higher at $3.37 per 1 million British Thermal Units.
TC Energy (TRP) shares fell by over 1% after the company reported a decline in Q1 comparable earnings from continuing operations.
Antero Midstream (AM) shares were up 0.7% after the company reported higher Q1 adjusted earnings and revenue.
Targa Resources (TRGP) shares were 0.5% lower after the company reported a decline in Q1 net income.
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