Sector Update: Energy

MT Newswires Live

May 23

Energy stocks were mixed Friday afternoon, with the NYSE Energy Sector Index decreasing 0.3% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.2%.

The Philadelphia Oil Service Sector Index was shedding 0.3%, and the Dow Jones US Utilities Index was up 0.6%.

Front-month West Texas Intermediate crude oil was 0.2% higher at $96.57 a barrel, and the global benchmark Brent crude contract was advancing 0.6% to $103.17 a barrel. Henry Hub natural gas futures fell 4.1% to $2.90 per 1 million BTU.

In corporate news, Matador Resources (MTDR) shares added 0.9% after the company said Thursday it acquired 5,154 net undeveloped acres in the Delaware Basin for about $1.14 billion in a recent Bureau of Land Management oil and gas lease sale.

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Henry Hub natural gas futures fell 4.1% to $2.90 per 1 million BTU.</p><p>In corporate news, <a href=\"https://laohu8.com/S/MTDR\">Matador Resources</a> (MTDR) shares added 0.9% after the company said Thursday it acquired 5,154 net undeveloped acres in the <a href=\"https://laohu8.com/S/VMM\">Delaware</a> Basin for about $1.14 billion in a recent Bureau of Land Management oil and gas lease sale.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBE","symbol_name":"能源商品ETF-PowerShares","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2637232346","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2637232346","pubTimestamp":1779470924,"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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