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Oct. 26, 2020, 10:51 a.m. EDT

Energy stocks take a dive as crude oil prices fall to 3-week low

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By Tomi Kilgore

Energy stocks took a broad dive Monday, as crude oil prices sold off amid concerns that the recent surge in new COVID-19 cases globally would sap demand. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE -1.17% slumped 3.0%, and was the biggest decliner among SPDR ETFs tracking the S&P 500's /zigman2/quotes/210599714/realtime SPX +0.24% 11 key sectors, with all 25 equity components losing ground. Apache Corp.'s stock /zigman2/quotes/200648444/composite APA -1.42% was the ETF's (XLE) biggest decliner, as it dropped 6.3% toward a 6-month low. Among other more active XLE components, shares of Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO -1.24% slid 5.3%, Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY -0.96% shed 4.2%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -1.52% slid 2.8%, Halliburton Co. /zigman2/quotes/210488727/composite HAL -1.68% declined 3.2% and Schlumberger NV /zigman2/quotes/201012972/composite SLB -1.00% gave up 3.2%. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.02% fell 3.3% to a 3-week low.

/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 38.91
-0.46 -1.17%
Volume: 18.76M
Nov. 27, 2020 5:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,638.35
+8.70 +0.24%
Volume: 1.22B
Nov. 27, 2020 2:07p
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/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 13.92
-0.20 -1.42%
Volume: 5.39M
Nov. 27, 2020 1:00p
P/E Ratio
N/A
Dividend Yield
0.72%
Market Cap
$5.25 billion
Rev. per Employee
$2.00M
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 6.35
-0.08 -1.24%
Volume: 14.84M
Nov. 27, 2020 5:00p
P/E Ratio
N/A
Dividend Yield
2.52%
Market Cap
$5.01 billion
Rev. per Employee
$2.53M
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 16.56
-0.16 -0.96%
Volume: 13.27M
Nov. 27, 2020 5:00p
P/E Ratio
N/A
Dividend Yield
0.24%
Market Cap
$15.42 billion
Rev. per Employee
$1.30M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 40.19
-0.62 -1.52%
Volume: 14.97M
Nov. 27, 2020 5:00p
P/E Ratio
51.66
Dividend Yield
8.66%
Market Cap
$169.93 billion
Rev. per Employee
$3.42M
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/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 17.56
-0.30 -1.68%
Volume: 4.55M
Nov. 27, 2020 5:00p
P/E Ratio
N/A
Dividend Yield
1.03%
Market Cap
$15.52 billion
Rev. per Employee
$399,917
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/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 21.88
-0.22 -1.00%
Volume: 6.55M
Nov. 27, 2020 5:00p
P/E Ratio
N/A
Dividend Yield
2.29%
Market Cap
$30.46 billion
Rev. per Employee
$328,150
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/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 45.52
-0.01 -0.02%
Volume: 351,413
Nov. 27, 2020 1:44p
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