|Bid||66.67 x 1000|
|Ask||66.68 x 3100|
|Day's Range||66.50 - 67.09|
|52 Week Range||53.36 - 79.42|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.24|
|Expense Ratio (net)||0.13%|
Julian Emanuel, BTIG, on the approaching rally and why financials is a top sector. With CNBC's Joe Kernen and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Yahoo Finance's Adam Shapiro and Julie Hyman join RJO Futures Phil Streible to discuss the IEA report that Venezuela's oil industry is at risk of collapsing.
Howard Silverblatt, Senior Index Analyst, Index Investment Strategy at S&P Dow Jones Indices, joins The Final Round to discuss the 10 year bull market
PAA, WMB, and OKE: Midstream Stocks Rose Last WeekMidstream stocks rose Midstream stocks were largely positive last week. Plains All American Pipeline (PAA), Williams Companies (WMB), and ONEOK (OKE) rose 2.5%, 2.3%, and 1.9%, respectively. The
What's behind Your Energy Portfolio Gains?(Continued from Prior Part)US equity indexes Between March 7 and March 14, US equity indexes had the following correlations with US crude oil April futures: the Dow Jones Industrial Average (DIA): 73.7% the
What’s Ahead for Kinder Morgan Stock?KMI reaches new 52-week highKinder Morgan (KMI) stock touched a new 52-week high of $20.06 on March 13. The stock has risen ~30% so far in 2019. It has outperformed peers Enterprise Products Partners (EPD),
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 ...
Will the Weakness in Natural Gas Continue?(Continued from Prior Part)Natural gas rig countThe natural gas rig count was at 193 last week—two less than the previous week. The natural gas rig count has fallen ~88% from its record level of 1,606 in
Last week, the previously bullish energy sector languished through its worst performance of 2019. The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, slipped ...
Midstream Stocks Outperformed Broader Markets Last WeekMidstream stocks last week Midstream stocks and MLPs broadly outperformed the broader markets last week. The Alerian MLP Index was flat while the S&P 500 Index fell 2.2% for the week. US
Energy Sector: Key Development Last Week(Continued from Prior Part)Energy sub-sector ETFs In the week ending March 8, major energy subsector ETFs had the following performances: The Alerian MLP ETF (AMLP) rose 0.1%. The VanEck Vectors Oil Refiners
What's Weakening Your Energy Portfolio?(Continued from Prior Part)US equity indexes On February 28–March 7, US equity indexes had the following correlations with US crude oil April futures: the S&P Mid-Cap 400 (IVOO): -60.6% the S&P 500
Midstream Sector Indicators: Analyzing Key TrendsCrude oil prices So far, US crude oil prices have risen ~25% in 2019. The strength in oil prices is reflected in energy stocks’ year-to-date performance. The Energy Select Sector SPDR ETF (XLE) has
What's Weakening Your Energy Portfolio?(Continued from Prior Part)Correlation with US crude oilOn February 28–March 7, major energy ETFs had the following correlations with US crude oil April futures:the Alerian MLP ETF (AMLP): 17.4%the SPDR
Shares of Chesapeake Energy Corp. slumped 1.1% in midday trade, putting them on track for the first loss in five sessions since the oil and gas company reported fourth-quarter earnings. Analyst John Gerdes at MKM Partners reiterated his neutral rating and $3 stock price target, which is 5.1% below current levels, saying the stock trades at an "almost 20% premium" to its peers. Gerdes said that while the completion of the WildHorse Resource Development Corp. acquisition last month adds "material high margin oil asset," Chesapeake's full-cycle return of about 90% remains meaningfully below the industry median cash recycle ratio of about 120%, as a consequence of a lower cash margin. The stock had run up 21% to close Monday at the highest level since Nov. 21, after the company reported before last Wednesday's open fourth-quarter earnings and revenue that beat expectations. The stock has gained 9.2% over the past three months, while the SPDR Energy Select Sector ETF has edged up 1.0% and the S&P 500 has advanced 3.3%.
MMP, KMI, OKE, and ET: How Top Midstream Stocks Fared Last WeekTop midstream stocks The top midstream sector stocks ended mixed last week. Magellan Midstream Partners (MMP) and Kinder Morgan (KMI) rose 4.6% and 2.2%, respectively, last week. However,
A largely unanticipated cut in oil supplies will send prices for crude oil surging this year. exchange-traded fund, which tracks the price of Brent crude oil. "Saudi Arabia is now implementing a 'Saudi-first' oil policy, and the market should take seriously OPEC's pull-back on production to support prices after the declines late last year," writes Joe McMonigle, senior energy policy analyst at investment research firm Hedgeye Risk Management and former chief of staff at the Department of Energy.
Shares of Chesapeake Energy Corp. surged 2.2% on heavy volume, again, in morning trade Monday, as they extended their hike up to a fourth session since the oil and gas company reported fourth-quarter results. Volume swelled to 31. million shares, enough make the stock the most actively traded on the NYSE. The stock has now soared 22% since the company reported fourth-quarter profit and revenue that beat expectations and provided an upbeat outlook. That's the best 4-day run for the stock since it rocketed 30% over the four days ended Jan. 9, the day Chesapeake provided a better-than-expected production outlook. The stock has run up 85.0% since Dec. 24, when it closed at the lowest price since Feb. 12, 2016. Over the same time, the SPDR Energy Select Sector ETF 23.5% and the S&P 500 has gained 19.2%.
Analyzing Key Energy Indicators Last Week(Continued from Prior Part)Energy sub-sector ETFsLast week, major energy subsector ETFs had the following performances:The VanEck Vectors Oil Services ETF (OIH) rose 0.7%.The SPDR S&P Oil & Gas
Some of last year's laggard sectors and the related exchange traded funds are already rebounding, but if historical trends hold firm, March could bring more of the same. Using the sector SPDR exchange traded funds as the barometers, none of the original nine members of the sector SPDR suite average March losses. Going back to 1999, the first full year of trading for the sector SPDR ETFs, the best-performing fund in that group in the month of March is the Energy Select Sector SPDR (NYSE: XLE).
Has the Energy Portfolio Distanced Itself from Oil?(Continued from Prior Part)US equity indexes On February 21–28, US equity indexes had the following correlations with US crude oil April futures: the S&P Mid-Cap 400 (IVOO): 16.2% the S&P
Has the Energy Portfolio Distanced Itself from Oil?(Continued from Prior Part)Correlation with US crude oilOn February 21–28, major energy ETFs had the following correlations with US crude oil April futures:the Energy Select Sector SPDR ETF