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Oct. 8, 2021, 11:07 a.m. EDT

Energy stocks enjoy broad rally as crude oil futures top $80 a barrel

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By Tomi Kilgore

Energy stocks enjoyed a broad rally Friday, as crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.87% peeked above the $80-per-barrel level for the first time in seven years. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE +1.26% climbed 2.8%, with all 21 of its equity components trading higher. Eight of the S&P 500's /zigman2/quotes/210599714/realtime SPX +0.72% top gainers Friday are energy stocks. Among the best performers, shares of APA Corp. /zigman2/quotes/200648444/composite APA +1.19% ran up 5.2%, Pioneer Natural Resources Co. /zigman2/quotes/206736173/composite PXD +0.03% advanced 4.5%, EOG Resources Inc. /zigman2/quotes/204634330/composite EOG -0.36% climbed 4.3%, Diamondback Energy Inc. /zigman2/quotes/201200230/composite FANG +0.38% rallied 4.2% and ConocoPhillips /zigman2/quotes/207605056/composite COP +0.74% tacked on 4.0%. Meanwhile, continuous crude oil futures rose to an intraday high of $80.11 a barrel, the highest price seen since November 2014, before paring some gains to be up 1.8% at $79.70 a barrel in morning trading.

/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 65.00
-0.57 -0.87%
Volume: 372,948
Dec. 2, 2021 10:12a
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/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 54.69
+0.68 +1.26%
Volume: 12.66M
Dec. 2, 2021 10:22a
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/zigman2/quotes/210599714/realtime
US : S&P US
4,545.33
+32.29 +0.72%
Volume: 555.93M
Dec. 2, 2021 10:22a
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/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 25.55
+0.30 +1.19%
Volume: 1.90M
Dec. 2, 2021 10:22a
P/E Ratio
16.43
Dividend Yield
1.94%
Market Cap
$9.17 billion
Rev. per Employee
$1.95M
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/zigman2/quotes/206736173/composite
US : U.S.: NYSE
$ 174.35
+0.05 +0.03%
Volume: 346,246
Dec. 2, 2021 10:22a
P/E Ratio
31.64
Dividend Yield
1.42%
Market Cap
$42.55 billion
Rev. per Employee
$3.79M
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/zigman2/quotes/204634330/composite
US : U.S.: NYSE
$ 85.05
-0.30 -0.36%
Volume: 870,444
Dec. 2, 2021 10:22a
P/E Ratio
16.49
Dividend Yield
3.52%
Market Cap
$49.94 billion
Rev. per Employee
$3.43M
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/zigman2/quotes/201200230/composite
US : U.S.: Nasdaq
$ 103.39
+0.39 +0.38%
Volume: 732,629
Dec. 2, 2021 10:22a
P/E Ratio
53.83
Dividend Yield
1.93%
Market Cap
$18.66 billion
Rev. per Employee
$3.84M
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/zigman2/quotes/207605056/composite
US : U.S.: NYSE
$ 69.71
+0.51 +0.74%
Volume: 1.80M
Dec. 2, 2021 10:22a
P/E Ratio
20.80
Dividend Yield
2.63%
Market Cap
$91.27 billion
Rev. per Employee
$1.93M
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