Sector Update: Energy Stocks Fall Premarket Thursday

MT Newswires Live

May 01

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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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.</p><p><a href=\"https://laohu8.com/S/TRP\">TC Energy</a> (TRP) shares fell by over 1% after the company reported a decline in Q1 comparable earnings from continuing operations.</p><p>Antero Midstream (AM) shares were up 0.7% after the company reported higher Q1 adjusted earnings and revenue.</p><p>Targa Resources (TRGP) shares were 0.5% lower after the company reported a decline in Q1 net income.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0456854461.SGD","symbol_name":"JPMorgan Funds - Global Natural Resources A (acc) SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2532070317","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532070317","pubTimestamp":1746105856,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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