Sector Update: Energy Stocks Higher Late Afternoon

03:55 PM EST, 11/11/2026 (MT Newswires) -- Energy stocks advanced late Wednesday afternoon, with the NYSE Energy Sector Index rising 0.9% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.5%. The Philadelphia Oil Service Sector Index was climbing 2.1%, and the Dow Jones US Utilities Index was up 0.4%. Front-month West Texas Intermediate crude oil rose 0.3% to $86.33 a barrel, and the global benchmark Brent crude contract advanced 1.1% to $92.47 a barrel. Henry Hub natural gas futures fell 2.1% to $3.23 per 1 million BTU. In corporate news, Talen Energy (TLN) shares rose past 4% after the firm said it has signed a seven-year capacity agreement to supply 750 megawatts to an investment-grade counterparty in the PJM market, generating about $100 million in annual revenue. Arko Petroleum (APC) said Wednesday it completed the purchase of US Petroleum Partners, a Great Lakes fuel distribution business expected to generate about $30 million in annual adjusted earnings. Arko shares added 2.3%. Petrobras (PBR) shares were falling 2.4% after it reported lower-than expected Q3 net income. Terrestrial Energy (IMSR) shares fell past 5% after Northland Securities downgraded the stock to market perform from outperform.