XLE - Energy Select Sector SPDR Fund
| Previous Close | 63.52 |
| Open | 62.46 |
| Bid | 61.48 x 2200 |
| Ask | 61.45 x 1400 |
| Day's Range | 61.35 - 62.48 |
| 52 Week Range | 53.36 - 78.36 |
| Volume | 3,569,214 |
| Avg. Volume | 13,541,496 |
| Net Assets | 13.57B |
| NAV | 63.82 |
| PE Ratio (TTM) | N/A |
| Yield | 3.13% |
| YTD Return | 13.26% |
| Beta (3Y Monthly) | 1.17 |
| Expense Ratio (net) | 0.13% |
| Inception Date | 1998-12-16 |
- MarketWatch•12 minutes ago
Energy stocks lead S&P 500 sectors lower, as crude oil prices fall sharply again
Energy stocks were leading the broader stock market's declines Thursday, as crude oil prices suffered a second-straight sharp selloff amid concerns over both weaker demand and increased supply. The SPDR Energy Select Sector ETF droppped 3.3% toward a 4 1/2-month low, and was by far the biggest decliners of the SPDR ETFs tracking the S&P 500's 11 sectors, while the S&P 500 shed 1.3%. All 29 of the ETF's (XLE) equity components were losing ground, led by shares of Hess Corp. , down 6.8% and Diamondback Energy Inc. , down 6.1%. Among other more active XLE components, shares of Occidental Petroleum Corp. gave up 2.5%, Halliburton Co. shed 5.2%, Exxon Mobil Corp. lost 2.4%, Chevron Corp. shed 2.6% and Kinder Morgan Inc. declined 1.9%. Crude oil futures dropped 4.2%, after falling 2.7% on Wednesday.
- TheStreet.com•2 days ago
A Global Energy Crisis Looms
Supplies of energy, such as oil and natural gas, look set to fall short of even a modest forecast of rising global demand. While that might not be the best thing for the global economy, there is a way for you to profit from the likely surge in oil and gas prices. The IEA report broadly states that underinvestment in the energy patch will have major repercussions for the availability of fuel and power.
Market Realist•3 days agoDid Oil Boost Energy ETFs?
Energy Update for the Week Ending May 17(Continued from Prior Part)Energy subsector ETFsIn the week ending May 17, major energy subsector ETFs had the following performances:The VanEck Vectors Oil Refiners ETF (CRAK) rose 1.1%.The Alerian MLP ETF
- MarketWatch•6 days ago
‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soon
Prominent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after a whipsawing period for the major indexes. But it’s not entirely clear that investors will see records in the immediate term.
- Zacks•8 days ago
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
Sector ETF report for FENY
- ETF Trends•9 days ago
Energy Sector ETFs Strengthen After Attack on Saudi Supply
Energy sector ETFs were among the best performing areas of the market Tuesday as crude oil prices pushed higher on reports of attacks on major Saudi facilities that fueled concerns over the kingdom’s ability ...
- ETF Trends•10 days ago
Oil Services ETFs Among Worst Hit in Risk-Off Selling
Despite a brief spike following an attack on Saudi crude tankers, energy services stocks and sector-related exchange traded funds plunged and were among the worst performing areas of the market Monday ...
Market Realist•10 days agoHow Energy Subsectors Performed Last Week
What Happened in the Energy Sector Last Week(Continued from Prior Part)Energy subsector ETFsIn the week ending May 10, major energy subsector ETFs had the following performances:The SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
Market Realist•13 days agoWhy Energy ETFs Are Outperforming Equity Market and Oil
How Oil and Equity Market Are Affecting Your Energy Portfolio(Continued from Prior Part)Correlation with US crude oilOn May 2–9, major energy ETFs had the following correlations with US crude oil active futures:the SPDR S&P Oil & Gas
- Market Realist•14 days ago
Where Does the United States Export Oil?
Why the United States Imports Oil(Continued from Prior Part)US oil exportsIn this part, we’ll take a look at the top countries where the US exports its crude oil. Among the countries to which the US exports crude oil, Canada stands at the top,
- Market Realist•14 days ago
Why the United States Imports Oil
Why the United States Imports Oil(Continued from Prior Part)US oil tradeDespite being the largest oil producer in the world, the United States imports oil to meet its energy needs. In 2018, the US exported ~2.8 billion barrels of crude oil and
- ETF Trends•14 days ago
Once Again, Trouble Lurks For Energy ETFs
Count the energy sector among the groups being stung by the ongoing US/China spat. For much of this year, the energy sector has been a solid group, but recently, some of that strength has evaporated. The Energy Select Sector SPDR (XLE) is lower by 3.57% over the past week and while the largest energy exchange traded fund is still up 11% year-to-date, it is in danger of entering another bear market.
- MarketWatch•15 days ago
Chesapeake Energy's stock bounces into the green as investors digest Q1 results
Shares of Chesapeake Energy Corp. swung to a gain in very active morning trade Wednesday, reversing an earlier loss, after investors had time to digest the oil and gas company's first-quarter results. Trading volume reached 21.6 million shares, enough to make the stock the most actively traded on the NYSE. The stock rose 0.5%, after being down as much as 3.6% soon after the open, and down as much as 7.6% in premarket trade. The initial selloff came after the company reported an adjusted net loss of 2 cents, which FactSet said compared with the average analyst estimate for a profit of 14 cents a share. Chesapeake also reported revenue that fell below forecasts. Analyst Neal Dingmann at SunTrust Robinson Humphrey said in a note to clients that Chesapeake's results beat Street forecasts for earnings before interest, taxes, depreciation and amortization (EBITDA), as production and prices were above projections. "We believe the stock should be higher on the positive release, but it [was] down...largely due to the switch to successful efforts with numbers not matching analysts' estimates," Dingmann wrote. He maintained his hold rating and $3 stock price target. The stock has gained 33% year to date while the S&P 500 has tacked on 15%.
- MarketWatch•15 days ago
Exxon Mobil to invest up to $100 million over 10 years with DOE on R&D of lower-emissions technologies
Exxon Mobil Corp. said it will invest "up to" $100 million over 10 years on research and development of lower-emissions technologies with the U.S. Department of Energy's National Renewable Energy Laboratory and National Energy Technology Laboratory. That total over 10 years represents 0.16% of the oil giant's revenue of $63.63 billion in the first three months of 2019. "Finding meaningful solutions to address climate change is going to take everyone--governments, companies and academia--working together," said Vijay Swarup, vice president of R&D at ExxonMobil Research and Engineering Co. "This agreement will help us advance fundamental science and demonstrate scale." Exxon's investment comes after securities regulators ruled to allow the company block shareholders from voting on a proposal that the company disclose goals for reducing greenhouse gas emissions. In October 2018,New York Attorney General Barbara Underwood filed a lawsuit alleging Exxon misled investors about the risks climate-change regulations posed to its business. Exxon's stock has lost 1.8% over the past 12 months through Tuesday, while the SPDR Energy Select Sector ETF has lost 14.5% and the Dow Jones Industrial Average has gained 6.6%.
- MarketWatch•15 days ago
Chesapeake Energy's stock sinks after revenue falls short of expectations
Shares of Chesapeake Energy Corp. dropped 6.1% in premarket trade Wednesday, after the oil and natural gas company reported a wider first-quarter loss and revenue that fell short of expectations. The net loss widened to $44 million, or 3 cents a share, from $6 million, or 1 cent a share, in the same period a year ago. Excluding non-recurring items, the adjusted loss was 2 cents a share, or earnings of 14 cents "under full cost." The FactSet consensus was for earnings of 14 cents a share. Total revenue fell to $2.20 billion from $2.52 billion, below the FactSet consensus of $2.36 billion. Oil, natural gas and natural gas liquids revenue fell to $929 million from $1.24 billion, missing the FactSet consensus of $1.13 billion, while marketing revenue slipped to $1.23 billion from $1.25 billion but topped expectations of $1.18 billion. Average daily production was 484,000 barrels of oil equivalent (boe), down from 554,000 boe a year ago. The stock has run up 32.4% year to date through Tuesday, while the SPDR Energy Select Sector ETF has gained 11.2% and the S&P 500 has advanced 15.1%.
- MarketWatch•16 days ago
The stock market is on pace for its worst month since December rout—as volatility returns with a vengeance
A somnambulant period of drifting toward record territory for equity indexes appears to be over, with stocks already positioned for their worst month of this trading year.
Market Realist•17 days agoEnergy Subsectors: Analyzing the Downside
Energy Weekly: Will US Crude Oil Hold $60?(Continued from Prior Part)Energy subsector ETFsIn the week ending May 3, major energy subsector ETFs had the following performances:The VanEck Vectors Oil Services ETF (OIH) fell 5.5%.The SPDR S&P
- ETF Trends•20 days ago
4 Energy ETFs Could Be a Bargain Play on an Underappreciated Sector
Energy sector ETFs lagged the pack and were among the worst performing segments of the market, but the under performing sector may now be a bargain pick. The Energy Select Sector SPDR (XLE) declined 4.3% over the past month and represented the worst performing S&P 500 sector. After the pullback, Wells Fargo senior global equity strategist Scott Wren argued that things may not appear as grim as they use to be for the energy sector.
- TheStreet.com•20 days ago
How to Trade the Energy Sector ETF Following Crude Oil Volatility
is sliding lower faster than the Nymex crude oil contract. XLE is below its quarterly pivot at $66.62, which indicates risk to its monthly and semiannual value levels at $57.50 and $55.70, respectively. The weekly chart for oil is positive but overbought, but when it set its 2019 high of $66.60 on April 23, it showed a weekly slow stochastic reading above 90.00, which is an "inflating parabolic bubble." Oil stalled shy of its semiannual risky level at $68.52.
- ETF Trends•20 days ago
Big Energy ETFs Are in a Precarious Spot
For much of this year, the energy sector has been a solid group, but recently, some of that strength has evaporated. The Energy Select Sector SPDR (XLE) and rival equity-based energy exchange traded funds (ETFs) are trading lower just as oil and the energy sector are entering their seasonally weak periods. Historical trends also indicate several equity-based energy ETFs also perform poorly late in the second quarter and into the third quarter.
- ETF Trends•21 days ago
Energy ETFs Take a Blow from Rising U.S. Production, Inventory Levels
Energy sector-related ETFs were among the worst off Thursday after the Energy Information Administration revealed a jump in U.S. crude-oil stockpiles and Saudi Arabia said it would pick up the slack with ...
- Market Realist•21 days ago
This Index Consolidates All the Leading Indicators
How to Make Sense of Economic Indicators and Invest Accordingly(Continued from Prior Part)The magic numberYou may be asking yourself how you can keep track of so many indicators. Moreover, not all indicators move in the same direction all the time.
- Market Realist•21 days ago
Williams Companies’ Q1 Earnings Rose 7%
Williams Companies’ Q1 Earnings Rose 7%Williams Companies Williams Companies (WMB) reported its first-quarter earnings after the markets closed on May 1. The company reported an adjusted EBITDA of $1.21 billion, which missed the consensus
- CNBC Videos•2 days ago
A top strategist says take advantage of any volatility and buy now
Wells Fargo's Scott Wren says traders should embrace the volatility. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Brian Kelly, Mark Tepper and Tim Seymour.
- CNBC Videos•17 days ago
One top strategist says the market rally is at risk but there's still some buying opportunity
Julian Emanuel, BTIG, on today's stunning stock reversal and whether now's the time to buy in. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Dan Nathan and Guy Adami.
