The Philadelphia Oil Service Sector Index increased 0.5%, and the Dow Jones US Utilities Index shed 0.5%.

West Texas Intermediate crude oil rose 0.7% to $60.06 a barrel, and global benchmark Brent advanced 0.9% to $63.73 a barrel. Henry Hub natural gas futures jumped 4.6% to $5.30 per 1 million BTU.

In corporate news, Constellation Energy (CEG) said Friday it reached a resolution with the US Department of Justice on conditions tied to its acquisition of Calpine, securing the final regulatory clearance needed to close the deal. Constellation shares were down 2.2%.

Oklo (OKLO) shares dropped 6.3%. The company said late Thursday that entered into an equity distribution agreement allowing it to sell up to $1.5 billion in common shares through an at-the-market equity offering program.

Diversified Energy (DEC) shares gained 3.5% after Johnson Rice upgraded the stock to buy from accumulate, and raised its price target to $23 from $19.

APA (APA) shares gained 2% after Johnson Rice upgraded the stock to accumulate from hold, and adjusted its price target to $40 from $35.

Equinor (EQNR) and partner Aker BP have made a new gas and condensate find in Norway's North Sea with estimated recoverable volumes of 30 million to 110 million barrels of oil equivalent, Aker said Friday. Equinor shares were down 1.4%.

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