Sector Update: Energy Stocks Fall Tuesday

04:03 PM EDT, 10/27/2026 (MT Newswires) -- Energy stocks fell Tuesday with the NYSE Energy Sector Index declining 2% and the State Street Energy Select Sector SPDR ETF (XLE) dropping 2.1%. The Philadelphia Oil Service Sector Index rose 1%, and the Dow Jones US Utilities Index gained 0.6%. West Texas Intermediate crude oil fell 1.9% to $99.80 a barrel, and global benchmark Brent shed 1.7% to $113.86 a barrel. Henry Hub natural gas futures rose 4.6% to $2.72 per 1 million BTU. In corporate news, Constellation Energy (CEG) shares rose 2.6% after the company secured a conditional loan commitment of up to $5 billion from the US Department of Energy for nuclear uprates across some company facilities. CMS Energy (CMS) reported Q3 adjusted earnings of $1.44 per diluted share, up from $0.93 a year earlier, and operating revenue rose to $2.18 billion from $2.02 billion. The shares fell 0.8%. Energy Fuels (UUUU) shares jumped 8.7%, a day after the company received conditional approval for up to 180 million Australian dollars ($126.4 million) in commitments to back construction of phase 1 of the Donald rare earth and mineral sands project in Victoria, Australia. Terrestrial Energy (IMSR) shares climbed 12% after the company's board approved a stock buyback program of up to $25 million.