Shares of energy companies rose after strong earnings from some giants.

Shares of Anglo Dutch oil major Shell rose after its first-quarter adjusted earnings fell by less than expected, buoyed by a strong performance at its natural gas unit.

ConocoPhillips fell after the U.S. oil-and-gas giant posted adjusted first-quarter profit shy of the Wall Street target.

The former chief executive of shale oil company Pioneer Natural Resources attempted to collude with OPEC officials to raise oil prices, U.S. antitrust enforcers said in an unusual order that barred the executive from Exxon Mobil's board and could lead to a criminal probe.


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

(END) Dow Jones Newswires

05-02-24 1710ET