THE ENERGY SELECT SECTOR SPDR FUND
NYSE ARCA: XLE
$94.97
+$1.13 (+1.2%)
Closing price April 19, 2024
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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If you went through 2015 and the first six weeks of 2016, the weakness in the oil and gas sector was something most investors have not seen in years. Now oil is back over $30.00 and nearing $35.00,...
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The price of crude oil has responded quickly to the news that an agreement on the US debt ceiling has been reached. Though the deal still needs final votes for approval, the nearly immediate reaction...
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Analysts at a number of investment banks suggest that BP plc (NYSE: BP) follow the lead of ConocoPhillips Corp. (NYSE: COP) and Marathon Oil Corp. (NYSE: MRO) in splitting off the company’s...
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Today’s announcement by ConocoPhillips Corp. (NYSE: COP) that it would spin off its refining and marketing business has pushed the company’s share price up nearly 8% at the opening bell. Refining...
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An investor looking for value could do worse than to start with a large, well-established fund with substantial assets and a long track record. Today we’ll look at four funds with about $15 billion...
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Certainly by now you have heard the term “Sell in May and go away!” This was just one of the ten reasons that we noted why investors might need to worry about the possibility of a 10% stock...
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Notwithstanding a solid fourth quarter and an up year, First Solar, Inc. (NASDAQ:FSLR) is off more than 15% in early trading this morning. We noted its strong earnings report yesterday, but warned...
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Media reports today are noting a $100 print in oil trading, although we would caution that this appears to be a paper trade from the floor and not an accurate market trading print. We inquired...
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The great oil sage T. Boone Pickens was just on CNBC for a quick interview while he was out in California today to kick off the Long Beach and Los Angeles harbors to switch trucks over to natural gas...
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ExxonMobil (NYSE:XOM) did actually come in light on earnings as 24/7 Wall St. had worried that the chart was indicating. The world’s largest oil company did post EPS at $1.70, slightly...
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Integrated oil giant ExxonMobil (NYSE:XOM) is set to report earnings on Thursday morning, and it is still a wonder as to why shares are lagging behind the market when oil traded up over $4.00 per...
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Goldman Sachs may not be reversing its entire bullish stance on oil after oil traded over $93.00 per barrel on Monday, but it is recommending some old fashioned profit taking. Goldman Sachs...
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The famed T. Boone Pickens came on CNBC for a telephone interview again with new predictions for high oil prices. It was a bit interesting that he doesn’t have a stated target for oil...
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Today was a landmark in oil: $80.00 per barrel was hit briefly. If you were hoping that the OPEC raised production targets yesterday was going to be a huge help, guess again. There are...
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