Bulletin
Investor Alert

Market Pulse Archives

June 13, 2019, 2:40 p.m. EDT

Energy stocks in a broad rally, as crude prices bounce sharply after attacks on two oil tankers

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

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

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Energy stocks rallied in unison Thursday to pace the S&P 500's sector gainers, with crude oil futures surging as U.S. Secretary of State Mike Pompeo said Iran was to blame for a number of recent incidents, including the attacks Thursday on two oil tankers in the Middle East. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE +0.07% rallied 1.3% in afternoon trade, with all 29 equity components gaining ground. Among the more-active components, shares of Halliburton Co. /zigman2/quotes/210488727/composite HAL +1.15% hiked up 2.8%, Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO -0.60% gained 1.8%, Schlumberger NV /zigman2/quotes/201012972/composite SLB -0.19% rose 3.7%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -0.13% tacked on 0.8% and Kinder Morgan Inc. /zigman2/quotes/208455654/composite KMI +0.25% advanced 0.8%. Meanwhile, crude oil futures surged 2.8%, after settling Wednesday at a 5-month low. The energy ETF has lost 6.9% year to date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.28% tacked on 2.8%.

/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 57.33
+0.04 +0.07%
Volume: 12.29M
Oct. 17, 2019 8:00p
loading...
/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 18.51
+0.21 +1.15%
Volume: 13.68M
Oct. 17, 2019 6:30p
P/E Ratio
12.17
Dividend Yield
3.89%
Market Cap
$16.03 billion
Rev. per Employee
$399,917
loading...
/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 11.55
-0.07 -0.60%
Volume: 9.81M
Oct. 17, 2019 6:30p
P/E Ratio
9.79
Dividend Yield
1.73%
Market Cap
$9.34 billion
Rev. per Employee
$2.46M
loading...
/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 31.89
-0.06 -0.19%
Volume: 15.75M
Oct. 17, 2019 6:30p
P/E Ratio
21.26
Dividend Yield
6.27%
Market Cap
$44.19 billion
Rev. per Employee
$328,150
loading...
/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 68.14
-0.09 -0.13%
Volume: 9.93M
Oct. 17, 2019 6:30p
P/E Ratio
16.42
Dividend Yield
5.11%
Market Cap
$288.69 billion
Rev. per Employee
$3.93M
loading...
/zigman2/quotes/208455654/composite
US : U.S.: NYSE
$ 20.07
+0.05 +0.25%
Volume: 14.56M
Oct. 17, 2019 6:30p
P/E Ratio
20.11
Dividend Yield
4.98%
Market Cap
$45.32 billion
Rev. per Employee
$1.30M
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
2,997.95
+8.26 +0.28%
Volume: 1.62B
Oct. 17, 2019 5:02p
loading...

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

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.