Energy stocks had mixed performance pre-market with some individual companies seeing gains and losses.

From Nasdaq: 2024-08-26 09:22:39

Energy stocks showed mixed performance on Monday, with XLE up 1.1%, USO up 3.2%, and UNG down 1.8% pre-bell.

Crude oil prices rose, with WTI at $74.96 per barrel and Brent at $80.25 per barrel. Natural gas futures were at $2.187 per 1 million British Thermal Units.

Talen Energy shares rose over 2% after receiving $300 million for its Cumulus Digital unit from Amazon Web Services. Equinor dropped plans for offshore wind development in Vietnam and shares were up 0.5%.



Read more at Nasdaq: Sector Update: Energy Stocks Mixed Pre-Bell Monday