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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 -2.96% slumped 3.0%, and was the biggest decliner among SPDR ETFs tracking the S&P 500's /zigman2/quotes/210599714/realtime SPX -1.31% 11 key sectors, with all 25 equity components losing ground. Apache Corp.'s stock /zigman2/quotes/200648444/composite APA -2.27% 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 -2.48% slid 5.3%, Occidental Petroleum Corp. /zigman2/quotes/207018272/composite OXY -0.82% shed 4.2%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -2.56% slid 2.8%, Halliburton Co. /zigman2/quotes/210488727/composite HAL -3.21% declined 3.2% and Schlumberger NV /zigman2/quotes/201012972/composite SLB -3.63% gave up 3.2%. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.20% fell 3.3% to a 3-week low.

/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/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/200648444/composite
US : U.S.: Nasdaq
$ 20.65
-0.48 -2.27%
Volume: 8.16M
June 18, 2021 4:00p
P/E Ratio
1,116
Dividend Yield
0.48%
Market Cap
$7.81 billion
Rev. per Employee
$1.95M
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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/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/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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