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May 25, 2021, 2:09 p.m. EDT

Energy stocks suffer broad weakness, even as crude and natural gas futures rise

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By Tomi Kilgore

The energy sector was taking a broad beating in afternoon trading Tuesday, to pace the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.82% sector decliners, even as crude oil and natural gas futures gained ground. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE +1.71% slumped 1.8% with 22 of 23 equity components losing ground, led by the 4.2% drop in APA Corp.'s stock /zigman2/quotes/200648444/composite APA +2.74% , the 3.7% selloff in shares of Baker Hughes Co. /zigman2/quotes/205323712/composite BKR +2.16% and the 2.6% decline in Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY +2.48% shares. Of the most active components, shares of Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +1.08% slid 2.4% and Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO +2.21% gave up 2.0%. The sector tracker's lone non-loser was Devon Energy Corp.'s stock /zigman2/quotes/209479244/composite DVN +2.82% , which was little changed. The energy ETF has now lost 5.5% since closing a 15-month high on May 17. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.24% gained 0.1% and natural gas futures /zigman2/quotes/210189548/delayed NG00 +0.89% rose 0.9%, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.82% slipped 0.2%.

/zigman2/quotes/210599714/realtime
US : S&P US
4,423.15
+35.99 +0.82%
Volume: 2.20B
Aug. 3, 2021 4:58p
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/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 49.86
+0.84 +1.71%
Volume: 32.14M
Aug. 3, 2021 4:00p
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/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 18.78
+0.50 +2.74%
Volume: 9.83M
Aug. 3, 2021 4:00p
P/E Ratio
1,015
Dividend Yield
0.53%
Market Cap
$6.91 billion
Rev. per Employee
$1.95M
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/zigman2/quotes/205323712/composite
US : U.S.: NYSE
$ 21.31
+0.45 +2.16%
Volume: 4.99M
Aug. 3, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
3.38%
Market Cap
$21.75 billion
Rev. per Employee
$376,455
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/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 26.43
+0.64 +2.48%
Volume: 15.16M
Aug. 3, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.15%
Market Cap
$24.07 billion
Rev. per Employee
$1.45M
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 58.20
+0.62 +1.08%
Volume: 18.20M
Aug. 3, 2021 4:03p
P/E Ratio
N/A
Dividend Yield
5.98%
Market Cap
$243.79 billion
Rev. per Employee
$2.47M
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/zigman2/quotes/205031829/composite
US : U.S.: NYSE
$ 11.55
+0.25 +2.21%
Volume: 18.16M
Aug. 3, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
1.30%
Market Cap
$8.91 billion
Rev. per Employee
$1.85M
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/zigman2/quotes/209479244/composite
US : U.S.: NYSE
$ 26.21
+0.72 +2.82%
Volume: 10.43M
Aug. 3, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
1.68%
Market Cap
$17.25 billion
Rev. per Employee
$3.34M
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/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 70.39
-0.17 -0.24%
Volume: 1,624
Aug. 3, 2021 6:38p
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/zigman2/quotes/210189548/delayed
US : U.S.: Nymex
$ 4.06
+0.04 +0.89%
Volume: 259.00
Aug. 3, 2021 6:36p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,423.15
+35.99 +0.82%
Volume: 2.20B
Aug. 3, 2021 4:58p
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