Energy stocks were modest contributors to earlier gains on Friday, with the NYSE Energy Sector Index and SPDR Energy Select Sector ETF (XLE) both up about 1.8%. The Philadelphia Oil-Service Sector Index was also up 1.7% and the Dow Jones US Utilities Index was up 4.5%.

West Texas Intermediate crude was up $0.64 at $86.47 a barrel.

In company news, Crescent Energy (CRGY) was up 1.6% in late Thursday trade after the oil and natural gas producer…

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