Shares of energy companies rose after strong earnings from one major oil-services company.

Shares of SLB, the company formerly known as Schlumberger, rose after its fourth-quarter earnings topped Wall Street estimates, prompting the Houston firm to boost its dividend.

Shares of SLB's North Texas rival Halliburton rose 1.6% ahead of its earnings report next week.

Natural gas futures extended their retreat and logged a hefty weekly loss as participants looked beyond this weekend's cold snap to warmer forecasts.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-19-24 1724ET