Sector Update: Energy Stocks Rise Late Afternoon

MT Newswires Live
03-26

Energy stocks rose late Tuesday afternoon with the NYSE Energy Sector Index gaining 0.6% and the Energy Select Sector SPDR Fund (XLE) adding 0.5%.

The Philadelphia Oil Service Sector Index increased 0.3%, while the Dow Jones US Utilities Index dropped 1.7%.

West Texas Intermediate crude oil declined 0.2% to $69 a barrel, and global benchmark Brent rose 0.1% to $73.05 a barrel. Henry Hub natural gas futures fell 1.4% to $3.858 per 1 million BTU.

In corporate news, Oklo (OKLO) is well-positioned to capitalize on growing demand for nuclear energy with the artificial-intelligence revolution in its early stage, Wedbush said. Oklo shares still fell 8.6%.

Shell (SHEL) will raise shareholder distributions to 40% to 50% of cash flow from operations from 30% to 40%, while keeping its 4% annual dividend rate. The shares rose 1.2%.

Prairie Operating (PROP) shares dropped 11% after the company priced an underwritten public offering of $38.5 million in stock at $4.50 apiece.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10