|Bid||11.64 x 4000|
|Ask||11.65 x 3000|
|Day's Range||11.47 - 12.09|
|52 Week Range||9.00 - 47.58|
|Beta (5Y Monthly)||1.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2020 - Nov 06, 2020|
|Forward Dividend & Yield||0.04 (0.34%)|
|Ex-Dividend Date||Sep 14, 2020|
|1y Target Est||15.16|
A broad collection of energy companies got a boost today, but the rise isn't really all that surprising.
Energy stocks enjoyed a broad rally Wednesday, with the sector posting the biggest gains among the S&P 500 11 key sectors, as oil prices jumped following data showing a drop in supply and as Hurricane Sally curtailed production. Chevron Corp.'s stock rallied 3.1% to be among the Dow Jones Industrial Average's top gainers, but was just the SPDR Energy Select Sector ETF's 24th-best performer. The energy ETF climbed 4.1% in afternoon trading, with all 26 components gaining ground. Among's the ETF's most-active members, shares of Occidental Petroleum Corp. jumped 9.3%, Marathon Oil Corp. hiked up 6.0%, Exxon Mobil Corp. rose 3.8%, Halliburton Co. advanced 4.9% and Schlumberger Ltd. shot up 5.1%. Meanwhile, crude oil futures climbed 4.5%.
The threat of a hurricane to America's coastal refineries has oil prices surging on the threat to fuel supplies. But this temporary boost can't fix the structural problems American oil companies face.