Energy stocks were falling premarket Thursday, with the Energy Select Sector SPDR Fund XLE down 0.1%.
The United States Oil Fund USO was 0.4% lower, and the United States Natural Gas Fund UNG retreated 0.7%.
Front-month US West Texas Intermediate crude oil was 0.2% higher at $83 per barrel at the New York Mercantile Exchange. Global benchmark Brent marginally rose to $88.05 per barrel, and natural gas futures were down 2.1% at $1.62 per 1 million BTU.
Helmerich & Payne HP shares were down 2.2% after the company overnight reported lower fiscal Q2 earnings and revenue.
Vista Energy VISTA/A stock was 4.4% lower after the company reported Q1 adjusted income Wednesday of $0.49 per diluted share, down from $0.80 a year earlier. Three analysts polled by Capital IQ expected $0.88.