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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 -1.31% 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 -3.77% rallied 3.1% to be among the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA -1.58% top gainers, but was just the SPDR Energy Select Sector ETF's /zigman2/quotes/206420077/composite XLE -2.96% 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 -0.82% jumped 9.3%, Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO -2.48% hiked up 6.0%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -2.56% rose 3.8%, Halliburton Co. /zigman2/quotes/210488727/composite HAL -3.21% advanced 4.9% and Schlumberger Ltd. /zigman2/quotes/201012972/composite SLB -3.63% shot up 5.1%. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.20% climbed 4.5%.

/zigman2/quotes/210599714/realtime
US : S&P US
4,166.45
-55.41 -1.31%
Volume: 3.62B
June 18, 2021 5:09p
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 103.03
-4.04 -3.77%
Volume: 22.28M
June 18, 2021 4:04p
P/E Ratio
N/A
Dividend Yield
5.20%
Market Cap
$199.13 billion
Rev. per Employee
$1.98M
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,290.08
-533.37 -1.58%
Volume: 569.38M
June 18, 2021 5:09p
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/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 52.39
-1.60 -2.96%
Volume: 56.91M
June 18, 2021 4:00p
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 27.99
-0.23 -0.82%
Volume: 24.07M
June 18, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.14%
Market Cap
$26.13 billion
Rev. per Employee
$1.45M
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 12.57
-0.32 -2.48%
Volume: 23.42M
June 18, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
1.06%
Market Cap
$9.91 billion
Rev. per Employee
$1.85M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 60.40
-1.59 -2.56%
Volume: 39.59M
June 18, 2021 4:05p
P/E Ratio
N/A
Dividend Yield
5.76%
Market Cap
$255.71 billion
Rev. per Employee
$2.47M
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/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 21.99
-0.73 -3.21%
Volume: 11.54M
June 18, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.82%
Market Cap
$19.56 billion
Rev. per Employee
$361,125
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/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 31.29
-1.18 -3.63%
Volume: 24.77M
June 18, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
1.60%
Market Cap
$43.75 billion
Rev. per Employee
$274,430
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/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 71.50
-0.14 -0.20%
Volume: 120,976
June 18, 2021 4:59p
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