---
title: "Sector Update: Energy Stocks Rise Friday Afternoon"
description: "Energy stocks experienced a rise on Friday, with the NYSE Energy Sector Index up 1% and the State Street Energy Select Sector SPDR ETF gaining 0.9%. Key indices like the Philadelphia Oil Service Secto"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/275939274.md"
published_at: "2026-02-13T19:20:00.000Z"
---

# Sector Update: Energy Stocks Rise Friday Afternoon

> Energy stocks experienced a rise on Friday, with the NYSE Energy Sector Index up 1% and the State Street Energy Select Sector SPDR ETF gaining 0.9%. Key indices like the Philadelphia Oil Service Sector Index and Dow Jones US Utilities Index also saw increases. Crude oil prices rose slightly, while ConocoPhillips announced a $2.11 billion investment to restart production in Norway. Solaris Energy Infrastructure shares surged 16% after securing a major rental agreement, while Exxon Mobil shares fell 0.7% following an accident at its Texas facility.

02:20 PM EST, 02/13/2026 (MT Newswires) -- Energy stocks rose Friday afternoon with the NYSE Energy Sector Index advancing 1% and the State Street Energy Select Sector SPDR ETF (XLE) gaining 0.9%.

The Philadelphia Oil Service Sector Index climbed 1.6%, and the Dow Jones US Utilities Index rose 2.5%.

West Texas Intermediate crude oil rose 0.4% to $63.10 a barrel, and global benchmark Brent advanced 0.6% to $67.94 a barrel. Henry Hub natural gas futures gained 1.5% to $3.26 per 1 million BTU.

In corporate news, ConocoPhillips ( COP ) and its partners plan to invest about 20 billion Norwegian kroner ($2.11 billion) to restart production at three fields in the Greater Ekofisk area, Reuters reported, citing plans submitted to the Norwegian government. ConocoPhillips ( COP ) shares rose 0.9%.

Solaris Energy Infrastructure ( SEI ) shares jumped 16% after the company secured a 10-year master rental agreement to provide over 500 megawatts of power generation equipment to a technology company.

Exxon Mobil ( XOM ) contract workers are undergoing medical care following an accident at its Beaumont facility in Texas, multiple news outlets reported. Three employees were injured by a release of steam condensate, Reuters said. Exxon shares fell 0.7%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [COP.US - ConocoPhillips](https://longbridge.com/en/quote/COP.US.md)
- [XOP.US - SPDR O&G Ex & Prd](https://longbridge.com/en/quote/XOP.US.md)
- [IEZ.US - iShares US Oil Equip & Svcs](https://longbridge.com/en/quote/IEZ.US.md)
- [XES.US - SPDR O&G Equip](https://longbridge.com/en/quote/XES.US.md)
- [OIH.US - VanEck Oil Services ETF](https://longbridge.com/en/quote/OIH.US.md)
- [XLEI.US - State Street®EngySelSectSPDR®PrmETF](https://longbridge.com/en/quote/XLEI.US.md)
- [XLE.US - SPDR Energy Select](https://longbridge.com/en/quote/XLE.US.md)
- [PBOG.US - Port Bldng BlckIntgrtdlGsExplrtnPrddxETF](https://longbridge.com/en/quote/PBOG.US.md)
- [IXC.US - ISHRS S&P Glb Engy](https://longbridge.com/en/quote/IXC.US.md)
- [VDE.US - VG Energy](https://longbridge.com/en/quote/VDE.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Exxon committed to moving fast to develop gas in Guyana, executive says | GEORGETOWN, Feb 17 (Reuters) - Exxon Mobilis committed to moving fast to develop natural gas in Guyana, the U.S. energy  | [Link](https://longbridge.com/en/news/276149596.md) |
| Exxon Guyana projects called Uaru, Whiptail moving ahead of schedule, executive says | Exxon Mobil's Uaru and Whiptail projects in Guyana are progressing ahead of schedule and under budget, according to Alis | [Link](https://longbridge.com/en/news/276249020.md) |
| Indonesia's Pertamina to maintain bidding process for US energy imports | Indonesian state oil and gas firm Pertamina will continue its bidding process for energy imports from the U.S. following | [Link](https://longbridge.com/en/news/276460718.md) |
| SOCAR and Gran Tierra Energy sign deal for oil exploration and production in Azerbaijan | BAKU, Feb 19 (Reuters) - Azerbaijan’s state oil company SOCAR and Canada-based Gran Tierra Energy Inc. have signed an ex | [Link](https://longbridge.com/en/news/276315972.md) |
| Canada's Obsidian Energy Q4 FFO drops due to lower production | Obsidian Energy reported a Q4 net loss, with Funds Flow from Operations dropping to C$272.1 million from C$432 million.  | [Link](https://longbridge.com/en/news/276331218.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.