---
title: "Sector Update: Energy Stocks Lean Lower Pre-Bell Tuesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285217995.md"
description: "Energy stocks were lower premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) down 0.2%. The United States Oil Fund (USO) fell 1.8%, and natural gas futures were down 1.3%. Crude oil prices also declined, with WTI down 2.4% at $103.85 per barrel. Enlight Renewable Energy (ENLT) saw a 4% increase after reporting strong Q1 earnings, while Kosmos Energy (KOS) dropped over 6% due to a Q1 loss. Peabody Energy (BTU) shares fell 5% after reporting a Q1 loss."
datetime: "2026-05-05T13:26:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285217995.md)
  - [en](https://longbridge.com/en/news/285217995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285217995.md)
---

# Sector Update: Energy Stocks Lean Lower Pre-Bell Tuesday

09:26 AM EDT, 05/05/2026 (MT Newswires) -- Energy stocks were lower premarket Tuesday, with the State Street Energy Select Sector SPDR ETF ( XLE ) retreating 0.2%.

The United States Oil Fund ( USO ) fell by 1.8%, while The United States Natural Gas Fund ( UNG ) was 0.5% lower.

Front-month US West Texas Intermediate crude oil was down 2.4% at $103.85 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined 1.6% to $112.63 per barrel, and natural gas futures were 1.3% lower at $2.83 per 1 million British Thermal Units.

Enlight Renewable Energy ( ENLT ) stock was up over 4% before the opening bell after the company reported higher-than-expected Q1 earnings and revenue.

Kosmos Energy ( KOS ) stock was down more than 6% before the opening bell after the company reported a Q1 adjusted loss versus analysts' expectations of earnings.

Peabody Energy ( BTU ) shares were 5% lower in premarket activity after the company swung to a Q1 loss.

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

### Related Stocks

- [KOS.US](https://longbridge.com/en/quote/KOS.US.md)
- [BTU.US](https://longbridge.com/en/quote/BTU.US.md)
- [ENLT.US](https://longbridge.com/en/quote/ENLT.US.md)
- [XLE.US](https://longbridge.com/en/quote/XLE.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [UNG.US](https://longbridge.com/en/quote/UNG.US.md)

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