IYE - iShares U.S. Energy ETF
| Previous Close | 37.32 |
| Open | 37.32 |
| Bid | 37.26 x 1300 |
| Ask | 0.00 x 2200 |
| Day's Range | 37.08 - 37.32 |
| 52 Week Range | 28.99 - 43.75 |
| Volume | 22,490 |
| Avg. Volume | 572,096 |
| Net Assets | 804.94M |
| NAV | 37.34 |
| PE Ratio (TTM) | N/A |
| Yield | 2.70% |
| YTD Return | 20.68% |
| Beta (3Y Monthly) | 1.22 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2000-06-12 |
- ETF Trends•last month
Can the Energy Sector Rally Again?
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is lower by 2.51% over the past week and while some traders are preparing for more downside in the resurgent ...
- ETF Trends•2 months ago
The Energy Patch is Still Inexpensive
The iShares U.S. Energy ETF (NYSEArca: IYE) is among the energy sector exchange traded funds rallying this year. IYE is up more than 10% on the year, but double-digit gains across the energy ETF landscape ...
- Zacks•3 months ago
Exxon, Chevron Beat on Q4 Earnings: Energy ETFs in Focus
Energy earnings have been strong with the overall sector gaining 3.2% in response to earnings announcement.
- ETF Trends•3 months ago
Investors Flee a Big Energy ETF
After getting pummeled last year, the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, and rival energy ETFs started 2019 in fine form, but last week’s declines ...
- ETF Trends•3 months ago
Earnings Season Has Not Been Kind to Energy ETFs
After ranking as one of 2018's worst-performing sectors, the energy sector is rallying to start 2019. The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund entered Wednesday with a year-to-date gain of almost 9%, but energy stocks have faced myriad challenges this earnings season. Some market observers believe the energy sector’s declines could make the sector more attractive on valuation.
- ETF Trends•4 months ago
After Declines, Energy Sector Could be Attractive
The energy sector was one of the worst-performing groups in the S&P 500 in 2018, as highlighted by an annual decline of 18.20% for the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based ...
- ETF Trends•4 months ago
Energy ETFs: Worse Before It Gets Better
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, and rival energy ETFs are getting blasted this month as energy careens toward being 2018's worst-performing sector. OPEC and associated partners agreed to cut 1.2 million barrels per day with OPEC being responsible for 800,000 barrels. The latest production cut came as a surprise to many oil analysts as initial estimates were slated at 1 million barrels per day and 650,000 barrels per day for OPEC.
- ETF Trends•4 months ago
XLE Needs to do This to Legitimize a Rebound
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, is sporting a fourth-quarter loss of about 14% so a rebound may not be imminent nor may it be the first thing on investors' minds when it comes to the energy sector. During oil’s recent slide, XLE and other basic energy ETFs performed significantly less poorly than the underlying commodity. “The XLE energy ETF has fallen more than 1 percent since Monday, on track for a second week in the red.
- ETF Trends•4 months ago
A Bold Call on Energy ETFs
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, entered Monday with a fourth-quarter loss of about 12%, but some market observers believe the energy sector is poised to rebound. Last week, oil exchanged-traded funds (ETFs) gained after lengthy Organization of the Petroleum Exporting Countries (OPEC) discussions finally came to a conclusion, resulting in a larger-than-expected production cut that sent oil prices higher on Friday. OPEC and associated partners agreed to cut 1.2 million barrels per day with OPEC being responsible for 800,000 barrels.
- ETF Trends•5 months ago
Energy ETFs Stand Out Amid a Weak Friday Market
Energy stocks and sector-related exchange traded funds were among the lone areas of strength in U.S. markets Friday after the Organization of Petroleum Exporting Countries, along with oil-producing allies ...
- ETF Trends•5 months ago
Oil’s Bottom Beckons, Plaguing Oil ETFs
Oil has spent much of the fourth quarter slumping, plaguing exchange traded funds like the iShares U.S. Energy ETF (IYE) along the way, but some market observer believe is a bottom is near for the beleaguered commodity. Like other traditional cap-weighted energy ETFs, IYE devotes a significant portion of its lineup to Dow components Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX), the two largest U.S. oil companies. “One reason oil prices may be near a bottom: production appears set to decline after oversupply concerns contributed to the recent rout,” said BlackRock in a recent note.
- ETF Trends•5 months ago
Selloff in Energy ETFs May Have Gone Too Far
Equity-based energy sector exchange traded funds are following oil prices lower, pressuring some well-known names in the group including the iShares U.S. Energy ETF (IYE) . Some market observer believe the sell-off in energy stocks may be nearing its end. For instance, IYE includes 40.0% integrated oil gas, 28.8% oil gas exploration and production, 12.1% oil gas equipment and services, 10.0% oil gas refining and marketing, 6.8% oil gas storage and transportation, and 1.5% oil and gas drilling.
- ETF Trends•6 months ago
After a Dismal October, Energy ETFs Look to Rebound
Plenty of sectors slumped in October, but few performed as poorly as the energy sector. The S&P 500 Energy Index notched one of its worst monthly performances on record and the Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, tumbled nearly 13%. Prior to October, the energy sector had been a solid performer this year.
- ETF Trends•7 months ago
Energy ETFs: Solid Fundamentals, But Oil Prices Could Decline
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, gained a modest 0.40% in the third quarter, extending its year-to-date gain to 7%. While market observers acknowledge the energy sector's fundamentals are solid, some believe current oil prices are too high. A combination of diminished global output and rising global demand have helped reduce the global supply glut that dragged on oil prices for years.
Market Realist•9 months agoWhy OPEC’s Crude Oil Production Rose in July
On July 30, a Reuters survey showed that OPEC’s crude oil production increased by 70,000 bpd (barrels per day) to 32.64 MMbpd in July—compared to the previous month. The rise in OPEC’s crude oil production pressured oil prices. Brent and WTI oil prices fell 1.1% and 2%, respectively, on July 31.
- Market Realist•9 months ago
US Offshore Rig Count Fell by Two in Week 30
The US offshore rig count in Week 30, which ended July 27, was 16, one less than the previous week and eight less YoY (year-over-year).
Market Realist•9 months agoLarge Drop in US Gasoline Inventories Helped Oil Futures
The EIA (U.S. Energy Information Administration) released its gasoline inventory data on July 25. The EIA reported that US gasoline inventories decreased by 2.3 MMbbls (million barrels) to 233.5 MMbbls on July 13–20. However, the inventories increased by 3.3 MMbbls or 1.4% from a year ago.
Market Realist•9 months agoVenezuela’s Crashing Oil Production Supports Oil Bulls
Venezuela is OPEC’s eighth-largest crude oil producer. The U.S. Energy Information Administration estimates that Venezuela’s crude oil output decreased by 65,000 bpd (barrels per day) to 1,360,000 bpd in June—compared to the previous month. The production is near a 16-year low.
- Market Realist•9 months ago
How Analysts Rate Noble, Pre-Q2 2018 Results
Previously, we saw analysts’ recommendations and Q2 2018 earnings estimates for Ensco (ESV). In this part, we’ll look at analysts’ views on Noble (NE).
Market Realist•9 months agoLarge Drop in US Gasoline Inventories Supports Crude Oil
The EIA (U.S. Energy Information Administration) released its gasoline inventory data yesterday, reporting that US gasoline inventories fell by 3.2 MMbbls (million barrels) to 235.8 MMbbls last week but rose by 4.6 MMbbls (2%) YoY (year-over-year). Reuters had earlier estimated that US gasoline inventories would drop by ~44,000 barrels during the week. US gasoline futures rose 0.9% to $2.04 per gallon yesterday due to gasoline inventories falling more than expected. The drop also supported oil prices, with WTI crude oil futures rising 1%.
- Market Realist•9 months ago
US Offshore Rig Count Remained Steady Last Week
The US offshore rig count in Week 28, which ended July 13, was at 19, the same as the previous week and two rigs lower YoY (year-over-year). The total US rig count (oil and natural gas) was 1,054 in Week 28, up two rigs from the previous week and significantly higher than the 952 rigs reported in the same period last year. The total US oil rig count was 863, unchanged from the previous week.
- ETF Trends•9 months ago
Energy ETF Investors: Look Beyond Exploration, Production
Oil exploration and production companies, which took the brunt of the hit during the crude selling, have benefited the most as prices rebounded, but ETF investors should begin to think about taking a more ...
- ETF Trends•9 months ago
What Matters Most With Upcoming Energy Earnings
The Energy Select Sector SPDR (XLE) , the largest equity-based energy ETF, is up about 5% year-to-date, but XLE and rival energy ETFs will be tested as the sector's second-quarter earnings reports start rolling in. “Q2 estimates moved up modestly since the quarter got underway, but the positive revisions were primarily because of the Energy sector. Excluding the Energy sector, estimates for the quarter would be modestly down in the last 10 weeks,” according to Direxion.
- ETF Trends•9 months ago
Earnings Season Could Lift Energy ETFs
With second-quarter earnings season fast approaching, investors may want to consider sector exchange traded funds. The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange ...
Market Realist•9 months agoUS Gasoline Inventories Help Gasoline Futures
The EIA (U.S. Energy Information Administration) released its gasoline inventory data on July 5. The EIA reported that US gasoline inventories decreased by 1.5 MMbbls (million barrels) to 239.7 MMbbls on June 22–29. However, the inventories increased by 2,388,000 barrels or 1% YoY (year-over-year).
