Sector Update: Energy Stocks Higher Tuesday Afternoon

fidelity
2025.12.09 19:25
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Energy stocks rose Tuesday afternoon, with NYSE Energy Sector Index up 0.6% and XLE adding 0.8%. Oil Service Sector Index climbed 1.3%, while Dow Jones US Utilities Index rose 0.5%. WTI crude oil fell 1.2%, Brent crude shed 1%, and natural gas futures dropped 5.6%. Hess Midstream shares rose 2% on 2026 net income forecast. Shell in talks to acquire LLOG Exploration Offshore for $3 billion. GeoPark's acquisition talks with Parex Resources halted, causing shares to fall 8%.