Energy firms rise on recovery in equity markets

Texas Pacific Land (Dover)

08/04/2025 15:14

Updates

** S&P 500 energy index .SPNY up 2% as oil prices rise O/R

 ** Brent crude futures LCOc1 up 0.3% at $64.38 a barrel and U.S. West Texas Intermediate (WTI) crude CLc1 rises 0.4% to $60.93 a barrel on
recovery
 in equity markets

** Oil majors Chevron CVX.N and Exxon Mobil XOM.N up 1.5% and 1%, respectively

** Kinder Morgan KMI.N, Targa Resources TRGP.N, EQT Corp EQT.N and Expand Energy EXE.O up between 3.7% and 5%; among top percentage gainers on the energy index

** Oilfield services companies Baker Hughes BKR.O and SLB SLB.N up 1.1% and 1.9%, respectively

** Refiners Valero Energy VLO.N and Phillips 66 PSX.N up 1.6% and 2.2%, respectively

 (Reporting by Tanay Dhumal in Bengaluru)

 ((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal))