Sector Update: Energy Stocks Ease in Thursday Afternoon Trading

MT Newswires Live10-25

Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index off 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.3%.

The Philadelphia Oil Service Sector index was posting a 0.7% decline, and the Dow Jones US Utilities index was shedding 0.6%.

Front-month West Texas Intermediate crude oil fell 1.1% to $69.98 a barrel while the global benchmark Brent crude contract was down 1% to $74.23 a barrel. Henry Hub natural gas futures jumped 5.3% to $2.47 per 1 million BTU.

US natural gas stocks rose by 80 billion cubic feet in the week ended Oct. 18, larger than the 65 billion gain expected in a survey compiled by Bloomberg and following an increase of 76 billion cubic feet in the previous week.

In corporate news, Expro (XPRO) shares tumbled nearly 14%. The company reported Q3 adjusted EPS of $0.23, swinging from an adjusted loss of $0.06 a year earlier. Analysts polled by Capital IQ expected a profit of $0.27.

KKR (KKR) has agreed to buy a 25% stake in Eni's (E) Enilive unit for about 2.94 billion euros ($3.18 billion), Eni said Thursday. Eni shares added 0.8%, and KKR was rising 3.9%.

TechnipFMC (FTI) shares popped 2.7% after the company reported higher Q3 adjusted earnings and revenue.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2478665677?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-25 01:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2478665677","market":"hk","top_or_hot":-1,"title":"Sector Update: Energy Stocks Ease in Thursday Afternoon Trading","media":"MT Newswires Live","content":"<html><body><p> Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index off 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.3%.</p><p>The Philadelphia Oil Service Sector index was posting a 0.7% decline, and the Dow Jones US Utilities index was shedding 0.6%.</p><p>Front-month West Texas Intermediate crude oil fell 1.1% to $69.98 a barrel while the global benchmark Brent crude contract was down 1% to $74.23 a barrel. Henry Hub natural gas futures jumped 5.3% to $2.47 per 1 million BTU.</p><p>US natural gas stocks rose by 80 billion cubic feet in the week ended Oct. 18, larger than the 65 billion gain expected in a survey compiled by Bloomberg and following an increase of 76 billion cubic feet in the previous week.</p><p>In corporate news, Expro (XPRO) shares tumbled nearly 14%. The company reported Q3 adjusted EPS of $0.23, swinging from an adjusted loss of $0.06 a year earlier. Analysts polled by Capital IQ expected a profit of $0.27.</p><p>KKR (KKR) has agreed to buy a 25% stake in Eni's (E) Enilive unit for about 2.94 billion euros ($3.18 billion), Eni said Thursday. Eni shares added 0.8%, and KKR was rising 3.9%.</p><p>TechnipFMC (FTI) shares popped 2.7% after the company reported higher Q3 adjusted earnings and revenue.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sector Update: Energy Stocks Ease in Thursday Afternoon Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSector Update: Energy Stocks Ease in Thursday Afternoon Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-25 01:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index off 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.3%.The Philadelphia Oil Service Sector index was posting a ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"贝莱德世界金融基金A2","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2478665677","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478665677","pubTimestamp":1729791810,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index off 0.2% and the Energy Select Sector SPDR Fund  down 0.3%.The Philadelphia Oil Service Sector index was posting a 0.7% decline, and the Dow Jones US Utilities index was shedding 0.6%.Front-month West Texas Intermediate crude oil fell 1.1% to $69.98 a barrel while the global benchmark Brent crude contract was down 1% to $74.23 a barrel. Henry Hub natural gas futures jumped 5.3% to $2.47 per 1 million BTU.US natural gas stocks rose by 80 billion cubic feet in the week ended Oct. 18, larger than the 65 billion gain expected in a survey compiled by Bloomberg and following an increase of 76 billion cubic feet in the previous week.In corporate news, Expro  shares tumbled nearly 14%. The company reported Q3 adjusted EPS of $0.23, swinging from an adjusted loss of $0.06 a year earlier. Analysts polled by Capital IQ expected a profit of $0.27.KKR  has agreed to buy a 25% stake in Eni's  Enilive unit for about 2.94 b","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0106831901.USD":"贝莱德世界金融基金A2","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","BK4570":"地缘局势概念股","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","E":"埃尼石油","BK4585":"ETF&股票定投概念","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","KKR":"KKR & Co L.P.","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","BK4588":"碎股","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","XPRO":"Expro Group Holdings N.V.","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","BK4179":"石油天然气设备与服务","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","FTI":"德希尼布FMC","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","XLE":"SPDR能源指数ETF","BK4135":"资产管理与托管银行","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","BK4201":"综合性石油与天然气企业","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC"},"translate_title":"行业更新：周四下午交易中能源股走软","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLE":1,"XPRO":0.9,"E":0.9,"FTI":0.9,"KKR":0.9},"content_text":"Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index off 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.3%.The Philadelphia Oil Service Sector index was posting a 0.7% decline, and the Dow Jones US Utilities index was shedding 0.6%.Front-month West Texas Intermediate crude oil fell 1.1% to $69.98 a barrel while the global benchmark Brent crude contract was down 1% to $74.23 a barrel. Henry Hub natural gas futures jumped 5.3% to $2.47 per 1 million BTU.US natural gas stocks rose by 80 billion cubic feet in the week ended Oct. 18, larger than the 65 billion gain expected in a survey compiled by Bloomberg and following an increase of 76 billion cubic feet in the previous week.In corporate news, Expro (XPRO) shares tumbled nearly 14%. The company reported Q3 adjusted EPS of $0.23, swinging from an adjusted loss of $0.06 a year earlier. Analysts polled by Capital IQ expected a profit of $0.27.KKR (KKR) has agreed to buy a 25% stake in Eni's (E) Enilive unit for about 2.94 billion euros ($3.18 billion), Eni said Thursday. Eni shares added 0.8%, and KKR was rising 3.9%.TechnipFMC (FTI) shares popped 2.7% after the company reported higher Q3 adjusted earnings and revenue.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478665677"}