Sector Update: Energy

01:27 PM EDT, 10/16/2026 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1.9% and the State Street Energy Select Sector SPDR ETF (XLE) adding 2%. The Philadelphia Oil Service Sector Index was climbing 1.3%, and the Dow Jones US Utilities Index was up 1.1%. Front-month West Texas Intermediate crude oil rose 2.9% to $100.76 a barrel, and the global benchmark Brent crude contract climbed 3.2% to $109.27 a barrel. Henry Hub natural gas futures fell 3.1% to $3.14 per 1 million BTU. In corporate news, ExxonMobil (XOM) sees a $4.4 billion gain to Q3 total earnings on account of changes in margins relative to the previous quarter, it said in a Friday filing with the US Securities and Exchange Commission. Its shares rose 1.6%.