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April 22, 2019, 9:54 a.m. EDT

Energy stocks broadly higher as crude oil prices surges, Halliburton beats Q1 expectations

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By Tomi Kilgore

Shares of energy companies were broadly higher Monday, as crude oil prices jumped toward a 5 1/2-month high on supply concerns after reports that the U.S. will announce the end of waivers for countries to import Iranian oil. Also giving the sector a boost was better-than-expected first-quarter results from oil services company Halliburton Co. /zigman2/quotes/210488727/composite HAL -0.43% before the open. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE -0.52% rose 0.8%, with 27 of its 30 equity components gaining ground, led by the 1.8% rally in Marathon Oil Corp.'s stock /zigman2/quotes/205031829/composite MRO -2.16% . Halliburton shares gained 0.1%. Among other more active energy ETF (XLE) components, shares of Kinder Morgan Inc. /zigman2/quotes/208455654/composite KMI -0.25% advanced 1.3%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -0.78% rose 1.4% and Chevron Corp. /zigman2/quotes/205871374/composite CVX -0.53% tacked on 0.7%. Among the few losers, Schlumberger Ltd.'s stock /zigman2/quotes/201012972/composite SLB +1.32% gave up 0.3% and Anadarko Petroleum Corp. shares slipped 0.3%. The XLE has rallied 18.2% year to date while the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.39% has gained 15.8%.

/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 18.43
-0.08 -0.43%
Volume: 26.69M
Oct. 18, 2019 6:30p
P/E Ratio
12.12
Dividend Yield
3.91%
Market Cap
$16.14 billion
Rev. per Employee
$399,917
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/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 57.03
-0.30 -0.52%
Volume: 10.28M
Oct. 18, 2019 8:00p
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 11.30
-0.25 -2.16%
Volume: 12.56M
Oct. 18, 2019 6:30p
P/E Ratio
9.58
Dividend Yield
1.77%
Market Cap
$9.09 billion
Rev. per Employee
$2.46M
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/zigman2/quotes/208455654/composite
US : U.S.: NYSE
$ 20.02
-0.05 -0.25%
Volume: 13.17M
Oct. 18, 2019 6:30p
P/E Ratio
22.02
Dividend Yield
5.00%
Market Cap
$45.32 billion
Rev. per Employee
$1.30M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 67.61
-0.53 -0.78%
Volume: 13.47M
Oct. 18, 2019 6:30p
P/E Ratio
16.29
Dividend Yield
5.15%
Market Cap
$286.07 billion
Rev. per Employee
$3.93M
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 114.74
-0.61 -0.53%
Volume: 5.68M
Oct. 18, 2019 6:30p
P/E Ratio
14.86
Dividend Yield
4.15%
Market Cap
$217.83 billion
Rev. per Employee
$3.27M
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/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 32.31
+0.42 +1.32%
Volume: 17.22M
Oct. 18, 2019 6:30p
P/E Ratio
N/A
Dividend Yield
6.19%
Market Cap
$44.69 billion
Rev. per Employee
$328,150
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/zigman2/quotes/210599714/realtime
US : S&P US
2,986.20
-11.75 -0.39%
Volume: 1.99B
Oct. 18, 2019 5:08p
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