XOP - SPDR S&P Oil & Gas Exploration & Production ETF
| Previous Close | 22.74 |
| Open | 22.92 |
| Bid | 22.47 x 45100 |
| Ask | 22.48 x 21500 |
| Day's Range | 22.33 - 22.92 |
| 52 Week Range | 19.90 - 33.30 |
| Volume | 35,325,885 |
| Avg. Volume | 28,203,841 |
| Net Assets | 2.7B |
| NAV | 22.36 |
| PE Ratio (TTM) | N/A |
| Yield | 1.47% |
| YTD Daily Total Return | -5.81% |
| Beta (5Y Monthly) | 1.72 |
| Expense Ratio (net) | 0.35% |
| Inception Date | 2006-06-19 |
- Yahoo Finance Video
Iran discovers oil field with 53B barrels of crude
Iranian President, Hassan Rouhani, announced he found 53 billion barrels of crude oil. Prosper Trading Academy Senior Strategist Scott Bauer joins Yahoo Finance’s Adam Shapiro, Julie Hyman and Brian Sozzi to discuss the news on On The Move.
- Zacks
Can Energy ETFs Rebound as China Promises Ramped-up Purchases?
As China promises to increase purchases of oil and gas from the United States under the phase-one trade deal, we highlight some ETFs that can gain.
- ETF Trends
Gains for Oil Bears Lurking as U.S. Production Growth Could Slide
Gains were fleeting for oil bulls following the U.S. airstrike in Iraq that killed an Iranian general, which saw prices skyrocket before subsequently falling as tensions began to subside. Putting further ...
- InvestorPlace
3 Oil Stocks That Are Worth Looking Into Now
Saber rattling in the Middle East created a roller coaster ride in asset prices this week. Oil prices initially ripped and then rapidly reversed yesterday, ending with a nasty 4% drop. Energy stocks fell across the board in the wake of the whiplash. While the volatility can be fear-inducing, it also brings opportunity.Today we'll focus on three ways to play the oil drop.The energy sector just ended a decade worth forgetting. While the S&P 500 more than doubled, the Energy Sector ETF (NYSEARCA:XLE) finished right where it began. Sure, shareholders received some dividends along the way, but the cash flow pales in comparison to the giant gains had by the broader market.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the extreme relative weakness has led to low valuations, and that could make energy a pond worth bottom fishing in. Tack on this week's volatility fit in crude oil, and we have the excuse needed to shine a spotlight on the space. * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Here are three smart trades in oil stocks. Oil Stocks to Play Now: United States Oil Fund (USO)Source: The thinkorswim® platform from TD Ameritrade Our first idea dispenses with clever derivative plays and goes straight for the jugular. If you think the oil drop presents weakness worth buying, then do so directly with a trade on the United States Oil Fund (NYSEARCA:USO). It's a product designed to track the short-term movements in oil by holding crude oil futures contracts. Although it tends to lag crude over the long term, in the short run, it's a pretty good proxy.That means if oil rebounds in the coming weeks, USO should too.Yesterday's sucker punch took the oil ETF below its rising 20-day moving average, but the 50-day is still pointing higher, suggesting the intermediate-term uptrend is intact. Implied volatility jumped this week, breathing new life into options premiums. Let's build a naked put play to profit if USO sits above $12 a month from now.The Trade: Sell the Feb $12 puts for 28 cents. Oil & Gas (XOP)Source: The thinkorswim® platform from TD Ameritrade An alternate path to profits could be playing a broad basket of oil stocks via the Oil & Gas Explore & Prod. ETF (NYSEARCA:XOP). Stocks in this industry have been decimated over the decade and sit at the low-end of the ten years. While bottom fishing is a dangerous endeavor, we can increase our odds by using high probability options strategies like naked puts and covered calls. That way, we build a position that profits even if XOP treads water or drops a bit further.December's rise was enough to turn the 20-day and 50-day moving averages higher, so buyers do control the short-term trend. Wednesday's whack created a lower-risk entry, and I'm inclined to accept the gift with a naked put play. * 7 Stocks That Are Screaming Buys Right Now The Trade: Sell the Feb $22 put for 42 cents. Exxon Mobil (XOM)Source: The thinkorswim® platform from TD Ameritrade The final avenue involves trading the juggernaut in the space, Exxon Mobil (NYSE:XOM). It's a much less volatile pick than my prior two picks and presents a more conservative alternative. Dividend hunters will be particularly happy about this one. The steady drop in price over the decade has boosted the dividend yield to a mouth-watering 5%.Dividends present a silver lining when bottom fishing. If Exxon stock takes a while before recovering, you still get paid while waiting. XOM stock's price trend is more neutral than USO and XOP, but implied volatility has been steadily rising, and options premiums are pumped enough to warrant selling them.The Trade: Sell the Feb $67.5o/$65 bull put spread for around 70 cents.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 of the Strangest Stocks Worth Your Time * 7 Stocks to Buy That Trump's Tax Cut Truly Rewarded * 5 Stocks That Could Double in 2020 The post 3 Oil Stocks That Are Worth Looking Into Now appeared first on InvestorPlace.
- MarketWatch
Energy ETF on track for worst day in about four months as Trump backs away from Mideast clash
Exchange-traded funds with energy holdings fell sharply Wednesday midday as the oil price sank along with investor concerns about a protracted conflict in the Middle East. The SPDR S&P Oil & Gas Exploration & Production ETF had lost 3.4% by late morning, while the Energy Select Sector SPDR Fund was down 1.6%, as crude oil slumped nearly 4%. It was the biggest one-day decline for XOP since Sept. 17, when it lost 5.3%, according to FactSet. The two ETFs take different approaches to tracking energy stocks: XLE is more exposed to larger oil and gas companies, with 22.3% of its holdings in Exxon Mobil Corp. and nearly 20% in Chevron Corp. . In contrast, XOP invests equally in about 60 securities representative of the broader exploration and production industry, raning from Apache Corp. , which at 3.3% is its biggest holding, to WPX Energy Inc. .
- ETF Trends
Oil Tycoon Predicts a 19% Rise in Oil Prices Next 6 Months
Rising tensions in the Middle East is no doubt the prime mover right now when it comes to soaring oil prices, but oil tycoon Harold Hamm says that prices could move as high as 19%–irrespective of what ...
- Zacks
ETF Strategies to Stave Off Middle East Tension
If U.S.-Iran tensions escalate, these ETF strategies could save your portfolio.
- MarketWatch
Here’s a look at the biggest movers among U.S. oil stocks after Iran’s Soleimani is killed
MARKET EXTRA Oil stocks were in the spotlight on Friday after a targeted military strike killed Iranian General Qassem Soleimani, considered the architect of the Islamic Republic’s military expansion in the Middle East.
- Benzinga
An ETF For A Sector Analysts Are Bullish On Heading Into 2020
The Energy Select Sector SPDR (NYSE: XLE), the largest exchange traded fund dedicated to that sector, is up just 8% in 2019 with about half that gain being accrued just this month. Whether it's the December uptick in the energy sector or the group's status as a value destination, analysts are bullish on the sector heading into 2020. “At the sector level, analysts are most optimistic on the Energy (66%), Health Care (59%), and Communication Services (59%) sectors, as these three sectors have highest percentages of Buy ratings,” according to FactSet research.
- Barrons.com
2 Oil Field Announcements Show Things Are Starting to Go Right for Oil Stocks
On Sunday, Apache announced a joint venture in Suriname with Total, helping the stock jump more than 15%. Exxon Mobil and Hess announced that they had started harvesting oil from its offshore wells in Guyana.
- MarketWatch
Good news: the ‘stock-bond ratio’ just hit bottom. Here’s how to use it to invest.
An analysis from Ned Davis Research finds the best way to play the rising fortunes of stocks compared to those of bonds.
- InvestorPlace
3 Energy Stocks to Buy
Don't look now, but the energy sector is starting to percolate. Apparently we've reached the stage of the market rally where they're coming after the dogs. But don't hate, participate! I'll show you how by offering three different energy stocks to buy.Here are a few stats that illustrate just how hilariously bad energy and oil stocks have been. I'm using the Energy Sector SPDR (NYSEARCA:XLE) as the benchmark, but other popular funds for the space like Oil & Gas Explore & Prod (NYSEARCA:XOP) and Oil Services ETF (NYSEARCA:OIH) have been equally dismal.While the S&P 500 is perched at record heights, XLE is still 40% off its 2014 peak. The XOP ETF is even worse. It's lower than it was when Armageddon came to town in 2008.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYear-to-date, XLE is only up 2.6% while the S&P 500 is up 27%. That's some serious relative weakness.And here's the stat to top them all. The entire energy sector has fallen so far that it's worth less than a single company -- Apple (NASDAQ:AAPL). If you're a contrarian, that above all else should have alarm bells going off in your head. The fear and loathing have reached epic levels. * 10 Stocks to Buy That Lost 8%-Plus in the Past Month But here's the thing. Many energy stocks are finally starting to catch a bid. Here are three of the best in the oil services industry worth buying. Oil Services Stocks to Buy: Schlumberger (SLB)Source: The thinkorswim® platform from TD Ameritrade The easiest way to identify candidates is to look at the top holdings of OIH. Schlumberger (NYSE:SLB) tops the list, accounting for some 20% of the fund. Its weekly trend looks atrocious, but signs of a bottom have emerged this quarter. The rebound has been strong enough to reverse the 20-day and 50-day moving averages higher and SLB stock even powered above its 200-day moving average for the first time since last July.We're now testing overhead resistance at $40. This price has kept a lid on the stock through the back half of the year, so vaulting above it will mark a big change in character.This quarter's bullish behavior has me in the bottom fishing mood. SLB share's low price tag makes them a prime candidate for naked puts.The Trade: Sell the Jan $37.50 put for 60 cents. Halliburton (HAL)Source: The thinkorswim® platform from TD Ameritrade Halliburton (NYSE:HAL) is the second-largest holding in OIH, accounting for about 12% of the fund. One glance at its chart reveals HAL is the veritable twin of SLB. They are virtually identical. So all of the bottoming characteristics identified on SLB are shared by HAL.So let's skip the redundant chart comments and elaborate on why naked puts are attractive here.The cheap price tag of SLB and HAL keep the margin requirement for short puts low enough to pump up the return on investment. By selling puts, we're obligating ourselves to buy shares at a discount to the current price. If the puts expire worthless due to the stock remaining bullish, we pocket the premium we received upfront. But if the stock drops, we get to buy shares of a company we wanted exposure to anyways.That's a win-win. * 7 Impressive Stocks to Buy Over $250 The Trade: Sell the Jan $24 puts for 50 cents. National Oilwell Varco (NOV)Source: The thinkorswim® platform from TD Ameritrade National Oilwell Varco (NYSE:NOV) rounds out today's list with a similar setup as its predecessors. NOV stock's recovery has been subtle but steady over the past few months. An ascending triangle has formed, reflecting a slight uptick in demand on each selloff. And now, NOV is knocking on the door of a major ceiling at $24.50.A break above it will signal the completion of its eight-month bottoming process and potentially spark the next leg of its nascent uptrend.Once again, naked puts are my play of choice if you're willing to bottom fish here.The Trade: Sell the Jan $23 puts for around 45 cents.As of this writing, Tyler Craig held bullish positions in OIH. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Biggest Investing Surprises of 2019 * 7 Impressive Stocks to Buy Over $250 * 4 Small-Cap Energy Stocks Ready to Explode The post 3 Energy Stocks to Buy appeared first on InvestorPlace.
- ETF Trends
3 ETFs to Consider in 2020 Using a Stock-Bond Ratio Metric
Throughout 2019, talk of slowing global growth spurred talks of a worldwide recession that was backed up further by another reliable recession indicator—an inverted yield curve. “The stock/bond ratio has bottomed prior to the economy in each of the last seven global slowdowns,” Geisdorf wrote in an analysis.
- Zacks
Should You Invest in the iShares U.S. Oil & Gas Exploration & Production ETF (IEO)?
Sector ETF report for IEO
- Investopedia
Drop in Crude Stockpiles Fuels Oil Stocks
Buyers returned to the beaten-down energy sector Wednesday. Play for further gains by trading these stocks and an industry-leading ETF.
- Zacks
Zacks Value Trader Highlights: XOP, CNX Resources, Matador Resources, Pioneer Natural Resources and Diamondback Energy
Zacks Value Trader Highlights: XOP, CNX Resources, Matador Resources, Pioneer Natural Resources and Diamondback Energy
- Zacks
More OPEC Output Cut in the Cards? Energy ETFs in Focus
OPEC is likely to deepen the ongoing output cut. This can boost energy ETFs in the near term.
- Zacks
Energy Stocks: Values or Traps?
Many of the exploration and production stocks are hitting new multi-year lows. Are they cheap or is this another false bottom?
- Investopedia
3 Tax Selling Candidates for December
These S&P 500 laggards could get sold aggressively into year end to lower 2019 capital gains tax liability.
- GuruFocus.com
David Tepper Trims UnitedHealth, Exits Intelsat
Investor's largest sales of the 3rd quarter Continue reading...
- Benzinga
Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
- Zacks
Follow Morgan Stanley to Trade 2020 Election With ETFs
Morgan Stanley outlined four outcomes of the 2020 election and its strategies for investors on how to make the most of them.
