Sector Update: Energy Stocks Rise in Tuesday Afternoon Trading

MT Newswires Live

Oct 23, 2024

Energy stocks climbed Tuesday afternoon with the NYSE Energy Sector Index up 0.3% and the Energy Select Sector SPDR Fund (XLE) rising 0.5%.

The Philadelphia Oil Service Sector index dropped 0.3%, and the Dow Jones US Utilities index eased 0.2%.

West Texas Intermediate crude oil rose 2.5% to $72.32 a barrel, while global benchmark Brent advanced 2.3% to $75.98 a barrel. Henry Hub natural gas futures gained 1.2% to $2.34 per 1 million BTU.

In corporate news, GeoPark's (GPRK) Argentina unit obtained authorization from the Argentinian securities regulator to issue up to $500 million in debt securities over the next five years. GeoPark shares eased 0.2%.

Equinor (EQNR) submitted a bid with some Japanese partners in Japan's state auctions to develop an offshore wind farm, Reuters reported. Equinor shares rose 1.4%.

Jacobs (J) was selected by the US Bureau of Reclamation to design and build the San Juan Lateral Water Treatment Plant in northwest New Mexico. Jacobs shares fell 1%.

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Henry Hub natural gas futures gained 1.2% to $2.34 per 1 million BTU.</p><p>In corporate news, GeoPark's (GPRK) Argentina unit obtained authorization from the Argentinian securities regulator to issue up to $500 million in debt securities over the next five years. GeoPark shares eased 0.2%.</p><p>Equinor (EQNR) submitted a bid with some Japanese partners in Japan's state auctions to develop an offshore wind farm, Reuters reported. Equinor shares rose 1.4%.</p><p>Jacobs (J) was selected by the US Bureau of Reclamation to design and build the San Juan Lateral Water Treatment Plant in northwest New Mexico. Jacobs shares fell 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLE","symbol_name":"SPDR能源指数ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2477657373","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477657373","pubTimestamp":1729619051,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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