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

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

Add to watchlist XLE

Energy Select Sector SPDR ETF

US : U.S.: NYSE Arca

$ 48.40

-0.39 -0.80%

Volume: 28.59M

April 16, 2021 4:00p

/zigman2/quotes/205031829/composite

Add to watchlist MRO

Marathon Oil Corp.

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

/zigman2/quotes/201012972/composite

Add to watchlist SLB

Schlumberger Ltd.

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

/zigman2/quotes/207018272/composite

Add to watchlist OXY

Occidental Petroleum Corp.

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

/zigman2/quotes/210488727/composite

Add to watchlist HAL

Halliburton Co.

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

/zigman2/quotes/205871374/composite

Add to watchlist CVX

Chevron Corp.

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

/zigman2/quotes/204455864/composite

Add to watchlist XOM

Exxon Mobil Corp.

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

/zigman2/quotes/209723049/delayed

Add to watchlist CL00

Crude Oil Continuous Contract

US : U.S.: Nymex

$ 63.11

-0.40 -0.63%

Volume: 256,867

April 16, 2021 4:59p

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,185.47

+15.05 +0.36%

Volume: 2.21B

April 16, 2021 5:15p