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Sept. 16, 2020, 1:58 p.m. EDT

Energy stocks see broad rally as oil prices jump

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By Tomi Kilgore

Energy stocks enjoyed a broad rally Wednesday, with the sector posting the biggest gains among the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.36% 11 key sectors, as oil prices jumped following data showing a drop in supply and as Hurricane Sally curtailed production. Chevron Corp.'s stock /zigman2/quotes/205871374/composite CVX -0.59% rallied 3.1% to be among the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA -0.31% top gainers, but was just the SPDR Energy Select Sector ETF's /zigman2/quotes/206420077/composite XLE -0.26% 24th-best performer. The energy ETF climbed 4.1% in afternoon trading, with all 26 components gaining ground. Among's the ETF's most-active members, shares of Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY -0.99% jumped 9.3%, Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO -0.37% hiked up 6.0%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -0.09% rose 3.8%, Halliburton Co. /zigman2/quotes/210488727/composite HAL +1.88% advanced 4.9% and Schlumberger Ltd. /zigman2/quotes/201012972/composite SLB +2.07% shot up 5.1%. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 +0.41% climbed 4.5%.

/zigman2/quotes/210599714/realtime
US : S&P US
3,471.38
-12.43 -0.36%
Volume: 697.09M
Oct. 19, 2020 11:34a
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 72.46
-0.43 -0.59%
Volume: 2.28M
Oct. 19, 2020 11:34a
P/E Ratio
N/A
Dividend Yield
7.09%
Market Cap
$140.32 billion
Rev. per Employee
$3.27M
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
28,517.77
-88.54 -0.31%
Volume: 110.15M
Oct. 19, 2020 11:34a
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/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 30.11
-0.08 -0.26%
Volume: 7.65M
Oct. 19, 2020 11:34a
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 9.99
-0.10 -0.99%
Volume: 8.91M
Oct. 19, 2020 11:34a
P/E Ratio
N/A
Dividend Yield
0.40%
Market Cap
$9.39 billion
Rev. per Employee
$1.60M
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 4.06
-0.02 -0.37%
Volume: 11.11M
Oct. 19, 2020 11:34a
P/E Ratio
N/A
Dividend Yield
3.92%
Market Cap
$3.21 billion
Rev. per Employee
$2.46M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 34.07
-0.03 -0.09%
Volume: 7.13M
Oct. 19, 2020 11:34a
P/E Ratio
20.38
Dividend Yield
10.17%
Market Cap
$144.18 billion
Rev. per Employee
$3.93M
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/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 12.48
+0.23 +1.88%
Volume: 9.43M
Oct. 19, 2020 11:34a
P/E Ratio
N/A
Dividend Yield
1.44%
Market Cap
$10.76 billion
Rev. per Employee
$399,917
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/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 15.28
+0.31 +2.07%
Volume: 7.10M
Oct. 19, 2020 11:34a
P/E Ratio
N/A
Dividend Yield
3.28%
Market Cap
$20.78 billion
Rev. per Employee
$328,150
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/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 41.29
+0.17 +0.41%
Volume: 180,495
Oct. 19, 2020 11:24a
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