09:25 AM EDT, 05/05/2026 (MT Newswires) -- Energy stocks were lower premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) retreating 0.2%.

The United States Oil Fund (USO) fell by 1.8%, while The United States Natural Gas Fund (UNG) was 0.5% lower.

Front-month US West Texas Intermediate crude oil was down 2.4% at $103.85 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined 1.6% to $112.63 per barrel, and natural gas futures were 1.3% lower at $2.83 per 1 million British Thermal Units.

Enlight Renewable Energy (ENLT) stock was up over 4% before the opening bell after the company reported higher-than-expected Q1 earnings and revenue.

Kosmos Energy (KOS) stock was down more than 6% before the opening bell after the company reported a Q1 adjusted loss versus analysts'expectations of earnings.

Peabody Energy (BTU) shares were 5% lower in premarket activity after the company swung to a Q1 loss.