62.93 -0.25 (-0.40%)
After hours: 6:15PM EDT
|Bid||63.23 x 800|
|Ask||63.02 x 29200|
|Day's Range||62.92 - 63.84|
|52 Week Range||53.36 - 78.36|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.28|
|Expense Ratio (net)||0.13%|
A widely observed energy sector exchange traded fund was breaking above its long-term trend lines Friday as energy market participants braced for disrupted supply lines with Tropical Storm Barry making ...
Tropical Storm Barry is expected to bring heavy rain and cause dangerous flooding across southeastern Louisiana.
Kinder Morgan is expected to report its second-quarter earnings results next week. Let's see what factors influenced it in the quarter.
Energy sector-related exchange traded funds were leading the charge Wednesday after a combination of falling U.S. inventory levels and rising supply risks in the U.S. and Middle East sent crude oil prices ...
Energy stocks traded broadly higher Wednesday, on the back of a surge in oil prices after upbeat government supply data and amid concerns over a storm brewing in the Gulf of Mexico. The SPDR Energy Select Sector ETF climbed 1.1%, and was the biggest gainer among the ETFs tracking the 11 S&P 500 sectors, as 28 of the energy ETF's (XLE) 29 equity components gained ground. The biggest gainer was Noble Energy Inc.'s stock , which rose 3.5%. Among other more active components, shares of Halliburton Co. edged up 0.3%, Kinder Morgan Inc. gained 0.3%, Apache Corp. advanced 1.5% and Exxon Mobil Corp. hiked up 1.3%. The lone decliner was Anadarko Petroleum Corp.'s stock , which slipped 0.1%. Elsewhere, Chesapeake Energy Corp.'s stock surged 3.0%. Meanwhile, crude oil futures ran up 4.1% toward a 5th-straight gain, and a 7-week high. The XLE has now lost 4.9% over the past three months, while crude oil futures have declined 6.9% and the S&P 500 has gained 3.8%.
With the S&P 500 and Dow at all-time highs, it's been a great year for every stock market sector, and margin debt levels have room to grow.
Energy sector exchange traded funds were among the worst hit on Tuesday as fears of a slowing global economy weighed on the crude oil outlook. The hit came despite promises from the Organization of Petroleum ...
Shares of Chesapeake Energy Corp. slumped 3.3% on heavy volume in morning trading Tuesday, as a selloff in crude oil prices weighed on the oil and gas exploration and production company, as well as the entire energy sector. Trading volume was 14.2 million shares, enough to make the stock the most actively traded on the NYSE. Meanwhile, the SPDR Energy Select Sector ETF shed 1.3% to be the worst performing ETF tracking the S&P 500's 11 key sectors, as 25 of 29 components lost ground. Crude oil futures tumbled 2.7%, amid lingering worries about the global economy and uncertainties about the trade environment. "We believe the challenge put to most E&Ps by investors today is to derive a combination of growth and [free cash flow] all while generating a sufficient return," wrote SunTrust Robinson Humphrey analyst Neal Dingmann in a note to clients. "Requirements such as these are difficult in any sector but even more so in a depleting arena such as energy." Chesapeake Energy's stock has tumbled 40.6% over the past three months, while the energy ETF has shed 5.4% and the S&P 500 has gained 3.5%.
US crude oil active futures rose 4.1% in the trailing week, which might have supported or limited the downside in OIH, XOP, XLE, and AMLP.
OPEC Cuts Maintained, Putin and Bin Salman On Same Page Russia and Saudi Arabia agreed on an extension to the previous OPEC oil production cuts by 6 to 9 months. The meeting takes place today and tomorrow, July 1 and 2. The oil price environment since 2014 has pushed OPEC and Russia together somewhat, and […]The post Market Morning: OPEC Cuts, Trump & Xi Ceasefire, Apple Goes to China, Deutsche Bank Hiring appeared first on Market Exclusive.
A tropical storm in the Gulf of Mexico caused a major drop in oil production. Joe Tigay, Chief Trading Officer at Equity Armor Investments joins Seana Smith on 'The Ticker' to discuss.
Fed chair Jay Powell testified before congress, fueling optimism that the central bank will cut rates later this month. Yahoo Finance's Seana Smith and Brian Cheung, Wells Fargo Global Economist Jay Bryson, and Chair of Monetary Policy at the Mercatus Center Scott Sumner discuss.
Joining Yahoo Finance's Alexis Christoforous and Brian Sozzi is Jared Blikre at the YFi Interactive touch screen to break down the latest moves in crude oil and coffee.
Yahoo Finance’s Adam Shapiro, Julie Hyman, and Brian Sozzi join Direxion Managing Director Head of Product David Mazza and Benchmark CEO Kevin Kelly to discuss.
Democratic presidential candidate Elizabeth Warren is pushing a plan to boost wages for women of color. The plan will impose stricter rules for diversifying senior ranks of the federal government. Yahoo Finance's Seana Smith and senior fellow at Heritage, Joel Griffith discuss.
224,000 jobs were added last month, smashing economists' estimates of 160,000. This coming as President Trump doubled down on his views for the Federal Reserve to slash interest rates. Deutsche Bank Securities Chief Economist Torsten Sløk joins Yahoo Finance's Seana Smith.
The White House is developing a plan that would effectively cut taxes on capital gains by changing the way they're calculated, according to Bloomberg. Grover Norquist, President of the Americans for Tax Reform, and Mattie Duppler, Senior Fellow at the NTU and board member on the Center for a Free Economy joins Yahoo Finance's Seana Smith.
Infracap's Jay Hatfield joins Yahoo Finance's Julie Hyman and Adam Shapiro to talk about where oil is heading and why he thinks it is not a good time to dramatically expand traditional infrastructure...except in this area.