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Feb. 22, 2021, 11:50 a.m. EST

Energy sector ETF sees unanimous rally to 1-year high, led by Marathon Petroleum, as oil prices surges

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By Tomi Kilgore

The energy sector is enjoying a unanimous surge Monday, as crude oil prices surge toward their highest prices in more than a year amid concerns that the winter storms will lead to reduced supply at a time that demand is growing. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE -0.80% shot up 4.0% toward a one-year high in morning trading, with all 24 components gaining ground. Among some of the more active components, shares of Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO -2.86% soared 9.7%, Schlumberger NV /zigman2/quotes/201012972/composite SLB -1.39% surged 6.6%, Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY -1.93% climbed 6.3%, Halliburton Co. /zigman2/quotes/210488727/composite HAL -1.85% hiked up 5.8% and Chevron Corp. /zigman2/quotes/205871374/composite CVX -0.44% climbed 3.2%. Exxon Mobil Corp.'s stock /zigman2/quotes/204455864/composite XOM -0.56% jumped 3.8%, with Morgan Stanley adding it to the firm's "Fresh Money Buy List." Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.63% rose 2.9%. The energy ETF has now gained 34.2% over the past three months while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.36% has advanced 9.3%.

/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 48.40
-0.39 -0.80%
Volume: 28.59M
April 16, 2021 4:00p
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 10.53
-0.31 -2.86%
Volume: 16.85M
April 16, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
1.14%
Market Cap
$8.54 billion
Rev. per Employee
$1.85M
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/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 26.29
-0.37 -1.39%
Volume: 9.23M
April 16, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
1.90%
Market Cap
$37.28 billion
Rev. per Employee
$274,430
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 24.38
-0.48 -1.93%
Volume: 11.49M
April 16, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.16%
Market Cap
$23.21 billion
Rev. per Employee
$1.45M
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/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 20.69
-0.39 -1.85%
Volume: 8.43M
April 16, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.87%
Market Cap
$18.73 billion
Rev. per Employee
$361,125
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 102.96
-0.46 -0.44%
Volume: 7.46M
April 16, 2021 4:03p
P/E Ratio
N/A
Dividend Yield
5.01%
Market Cap
$199.40 billion
Rev. per Employee
$1.98M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 56.66
-0.32 -0.56%
Volume: 22.75M
April 16, 2021 4:02p
P/E Ratio
N/A
Dividend Yield
6.14%
Market Cap
$241.22 billion
Rev. per Employee
$2.47M
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/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 63.11
-0.40 -0.63%
Volume: 256,867
April 16, 2021 4:59p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,185.47
+15.05 +0.36%
Volume: 2.21B
April 16, 2021 5:15p
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