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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 +5.45% slumped 3.0%, and was the biggest decliner among SPDR ETFs tracking the S&P 500's /zigman2/quotes/210599714/realtime SPX +0.88% 11 key sectors, with all 25 equity components losing ground. Apache Corp.'s stock /zigman2/quotes/200648444/composite APA +10.48% 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 +10.66% slid 5.3%, Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY +13.42% shed 4.2%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +3.66% slid 2.8%, Halliburton Co. /zigman2/quotes/210488727/composite HAL +7.82% declined 3.2% and Schlumberger NV /zigman2/quotes/201012972/composite SLB +6.25% gave up 3.2%. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 +0.99% fell 3.3% to a 3-week low.

/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 40.63
+2.10 +5.45%
Volume: 51.85M
Dec. 4, 2020 8:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,699.12
+32.40 +0.88%
Volume: 2.59B
Dec. 4, 2020 5:11p
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/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 15.18
+1.44 +10.48%
Volume: 13.98M
Dec. 4, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.66%
Market Cap
$5.19 billion
Rev. per Employee
$2.00M
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 6.85
+0.66 +10.66%
Volume: 41.87M
Dec. 4, 2020 7:00p
P/E Ratio
N/A
Dividend Yield
2.34%
Market Cap
$4.89 billion
Rev. per Employee
$2.53M
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 18.59
+2.20 +13.42%
Volume: 52.87M
Dec. 4, 2020 7:00p
P/E Ratio
N/A
Dividend Yield
0.22%
Market Cap
$15.26 billion
Rev. per Employee
$1.30M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 41.68
+1.47 +3.66%
Volume: 28.72M
Dec. 4, 2020 7:00p
P/E Ratio
53.58
Dividend Yield
8.35%
Market Cap
$170.02 billion
Rev. per Employee
$3.42M
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/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 19.43
+1.41 +7.82%
Volume: 14.90M
Dec. 4, 2020 7:00p
P/E Ratio
N/A
Dividend Yield
0.93%
Market Cap
$15.93 billion
Rev. per Employee
$399,917
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/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 23.45
+1.38 +6.25%
Volume: 16.20M
Dec. 4, 2020 7:00p
P/E Ratio
N/A
Dividend Yield
2.13%
Market Cap
$30.72 billion
Rev. per Employee
$328,150
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/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 46.09
+0.45 +0.99%
Volume: 317,929
Dec. 4, 2020 4:59p
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