Bulletin
Investor Alert

Market Pulse Archives

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

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

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Halliburton Co. (HAL)
  • X
    Energy Select Sector SPDR ETF (XLE)
  • X
    Marathon Oil Corp. (MRO)

or Cancel Already have a watchlist? Log In

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 -2.97% before the open. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE -0.46% 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 -6.32% . Halliburton shares gained 0.1%. Among other more active energy ETF (XLE) components, shares of Kinder Morgan Inc. /zigman2/quotes/208455654/composite KMI +0.51% advanced 1.3%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.95% rose 1.4% and Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.91% tacked on 0.7%. Among the few losers, Schlumberger Ltd.'s stock /zigman2/quotes/201012972/composite SLB -1.70% 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 +0.48% has gained 15.8%.

/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 11.75
-0.36 -2.97%
Volume: 28.72M
May 29, 2020 3:59p
P/E Ratio
N/A
Dividend Yield
1.53%
Market Cap
$10.31 billion
Rev. per Employee
$399,917
loading...
/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 38.76
-0.18 -0.46%
Volume: 35.75M
May 29, 2020 4:00p
loading...
/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 5.34
-0.36 -6.32%
Volume: 107.58M
May 29, 2020 4:00p
P/E Ratio
16.67
Dividend Yield
0.00%
Market Cap
$4.22 billion
Rev. per Employee
$2.46M
loading...
/zigman2/quotes/208455654/composite
US : U.S.: NYSE
$ 15.80
+0.08 +0.51%
Volume: 16.08M
May 29, 2020 4:00p
P/E Ratio
27.18
Dividend Yield
6.65%
Market Cap
$35.73 billion
Rev. per Employee
$1.30M
loading...
/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 45.47
+0.43 +0.95%
Volume: 25.89M
May 29, 2020 4:00p
P/E Ratio
17.08
Dividend Yield
7.65%
Market Cap
$192.26 billion
Rev. per Employee
$3.93M
loading...
/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 91.70
+0.83 +0.91%
Volume: 17.02M
May 29, 2020 3:59p
P/E Ratio
45.32
Dividend Yield
5.63%
Market Cap
$171.20 billion
Rev. per Employee
$3.27M
loading...
/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 18.47
-0.32 -1.70%
Volume: 21.02M
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
2.71%
Market Cap
$25.63 billion
Rev. per Employee
$328,150
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.