Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund (XLE) recently up 0.4%.

The United States Oil Fund (USO) was up 0.4% and the United States Natural Gas Fund (UNG) was nearly 3% lower.

Front-month US West Texas Intermediate crude oil was 0.5% higher at $70.38 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.5% to $73.74 per barrel. Natural gas futures were down 2.2% at $3.379 per 1 million British Thermal Units.

Expro Group Holdings (XPRO) shares advanced by 1.1% after the company said it has extended its 2023 stock repurchase program through Nov. 24, 2025.

Delek Logistics Partners (DKL) agreed to acquire the Gravity Water Midstream division of Gravity Oilfield Services for $285 million in cash and equities, according to a joint statement. Delek Logistics Partners shares were up 0.3% premarket.

CVR Energy (CVI) shares were down 0.3% after the company said its subsidiaries have priced a proposed $325 million senior secured term loan B due 2027. The company also said it is negotiating the possible sale of its interests in one of its midstream assets for less than $100 million.