SPY422.11-2.37 -0.56%
DIA340.76-2.65 -0.77%
IXIC14,039.68-33.17 -0.24%

Sector Update: Energy

05/07/2021 09:13

01:00 PM EDT, 05/07/2021 (MT Newswires) -- Energy stocks were higher this afternoon, with the NYSE Energy Sector Index and the SPDR Energy Select Sector ETF climbing 1.1% each. Front-month West Texas Intermediate crude oil was edging $0.13 higher to $64.84 per barrel while Henry Hub natural gas futures were $0.04 higher at $2.97 per 1 million BTU. In company news, Broadwind (BWEN) rose 3% after the turbine equipment company reported a Q1 net loss of $0.07 per share, compared with a $0.06 per share profit during the same quarter last year. The latest print was better than the Capital IQ consensus expecting a $0.17 per share loss.