Energy Select Sector SPDR ETF (XLE) - NYSEARCA
  • Wed, Jun. 22, 10:06 AM
    | Wed, Jun. 22, 10:06 AM | 53 Comments
  • Fri, Jun. 17, 6:44 PM
    • Materials Select Sector SPDR ETF (NYSEARCA:XLB$0.2353. 30-Day Sec yield of 2.01%.
    • Energy Select Sector SPDR ETF (NYSEARCA:XLE$0.4364. 30-Day Sec yield of 2.89%.
    • Financial Select Sector SPDR ETF (NYSEARCA:XLF$0.1211. 30-Day Sec yield of 2.05%.
    • Industrial Select Sector SPDR ETF (NYSEARCA:XLI$0.3072. 30-Day Sec yield of 2.11%.
    • Technology Select Sector SPDR ETF (NYSEARCA:XLK$0.2113. 30-Day Sec yield of 1.81%.
    • Consumer Staples Select Sector SPDR ETF (NYSEARCA:XLP$0.3234. 30-Day Sec yield of 2.34%.
    • Utilities Select Sector SPDR ETF (NYSEARCA:XLU$0.4116. 30-Day Sec yield of 3.19%.
    • Health Care Select Sector SPDR ETF (NYSEARCA:XLV$0.2852. 30-Day Sec yield of 1.52%.
    • Consumer Discretionary Select Sector SPDR ETF (NYSEARCA:XLY$0.2767.
    • 30-Day Sec yield of 1.43%.
    • Financial Services Select Sector SPDR Fund (NYSEARCA:XLFS$0.1338.
    • 30-Day Sec yield of 1.85%.
    • Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE$0.2659. 30-Day Sec yield of 3.08%.
    • Payable June 27; for shareholders of record June 21; ex-div June 17. 30-Day Sec yield as of 6/16/16.
    | Fri, Jun. 17, 6:44 PM
  • Mon, Jun. 6, 11:18 AM
    • Crude oil prices push more than 2% higher, with Brent at $50.68/bbl and WTI at $49.75, thanks to a falling dollar, continued attacks on oil infrastructure in Nigeria, and reports of a pipeline failure and spill at Exxon Mobil's (XOM +1.2%) Torrance refinery near Los Angeles.
    • However, XOM has since told CNBC that the refinery had experienced a refining byproduct leak in an internal pipe that was contained in the Torrance property, and there is no impact to operations.
    • An incident at Torrance normally would not cause a significant jump in oil prices, but analysts say the current market is sensitive to any perception of a supply disruption.
    • Crude futures also are supported after Genscape reported a draw of more than 1M barrels at the Cushing, Okla., delivery point for the WTI contract.
    • ETFs: USO, UNG, OIL, XLE, UWTI, UGAZ, UCO, DGAZ, VDE, ERX, DWTI, OIH, SCO, XOP, BNO, BOIL, DBO, GAZ, FCG, ERY, GASL, DIG, DTO, USL, DUG, BGR, XES, KOLD, IYE, IEO, UNL, FENY, IEZ, DNO, PXE, GASX, FIF, OLO, PXJ, RYE, SZO, NDP, GUSH, DCNG, DRIP, FXN, DDG, OLEM
    | Mon, Jun. 6, 11:18 AM | 17 Comments
  • Wed, May 25, 3:00 PM
    • Oil's knocking on the door of $50 per barrel behind some bullish inventory numbers released last night and this morning, and it's got the energy sector (XLE +1.4%) leading the major averages nicely higher for a 2nd straight session.
    • The Dow (DIA +0.8%), S&P 500 (SPY +0.6%), and Nasdaq 100 (QQQ +0.6%)
    • Meanwhile in rates, the 10-year Treasury yield is flat at 1.87% and short-term rate markets are pricing in about a 60% chance of a Fed move in either June or July.
    | Wed, May 25, 3:00 PM | 3 Comments
  • Mon, May 16, 2:54 PM
    • Oil skied another 3.3% today to $47.71 per barrel - it's highest close since early November. The move is leading a 1.7% advance in the XLE, which in turn is leading a 1.15% gain in the S&P 500 (NYSEARCA:SPY). The Nasdaq (NASDAQ:QQQ) is higher by 1.5%, led by Apple's 4% gain as Berkshire Hathaway discloses a near-$1B stake.
    | Mon, May 16, 2:54 PM | 6 Comments
  • Thu, May 12, 12:25 PM
    • The Obama administration's final regulations on methane emissions from oil and gas wells are even tougher than the rules it proposed last year, as rules applying immediately to new and modified wells and are expanded to include low-producing wells and more frequent site inspections.
    • The EPA estimates the new regulations will result in $530M in additional costs in 2025, at least 25% higher than the preliminary version released in August, and comes as the industry already is slashing spending on new exploration.
    • The agency claims the costs will be offset by $690M in savings by 2025 as lower emissions mean less severe storms and other outcomes of a changing climate.
    • Companies will have to upgrade pumps and compressors while expanding the use of green completion technology meant to capture the surge of gas that can spring out of newly fracked wells; green completion techniques have been required at new and modified natural gas wells since 2015, but the new rules broaden the requirement to oil wells.
    • The EPA estimates the final standards will reduce 510K short tons of methane in 2025, roughly the same effect as cutting 11M metric tons of carbon dioxide.
    • ETFs: XLE, VDE, ERX, OIH, XOP, FCG, ERY, GASL, DIG, DUG, BGR, IYE, IEO, FENY, PXE, GASX, FIF, PXJ, RYE, NDP, GUSH, DRIP, FXN, DDG
    | Thu, May 12, 12:25 PM | 84 Comments
  • Tue, May 10, 2:34 PM
    • No sooner than it's noticed that the S&P 500 hasn't moved more than 1% in either direction for the last month, the S&P 500 (NYSEARCA:SPY) is up 1.1%.
    • It's a broad gain, with financials (XLF +1.2%), energy (XLE +1.6%), and materials (XLB +1.6%) leading the way.
    • Gold's little-changed, oil's higher by 2.45% to $44.51, and the 10-year Treasury yield is up one basis point to 1.755%.
    | Tue, May 10, 2:34 PM | 29 Comments
  • Fri, Apr. 22, 3:43 AM
    • Leaders from 130 nations are gathering in New York for the formal signing of the climate change accord reached in Paris four months ago, which aims to limit the overall world temperature rise to below 2 degrees Celsius.
    • With each country's signing of the pact, they must also submit an action proposal plan for the deal to be effective.
    • The target date is 2020, but if enough countries ratify, officials say the agreement could enter into force much sooner.
    • ETFs: XLE, ERX, VDE, KOL, OIH, ERY, DIG, DUG, IYE, FENY, PXJ, RYE, FXN, DDG
    | Fri, Apr. 22, 3:43 AM | 8 Comments
  • Wed, Apr. 20, 11:53 AM
    • Intel was down nearly 3% in premarket action after light guidance and an announcement of big job cuts, but has reversed higher - now ahead 1.6% just before lunchtime.
    • Below $40 per barrel at one point during the overnight session, oil has also turned green, now up 0.7% to $41.36. The Energy SPDR (XLE +0.9%) is the S&P 500's top-performing sector ETF.
    • The Nasdaq is ahead 0.35%, the Dow 0.25%, and the S&P 500 0.2%.
    • Now read: Daily State Of The Markets: Reasons To Give The Bulls The Benefit Of Doubt
    | Wed, Apr. 20, 11:53 AM | 11 Comments
  • Mon, Apr. 18, 3:56 PM
    | Mon, Apr. 18, 3:56 PM | 62 Comments
  • Mon, Apr. 18, 10:25 AM
    | Mon, Apr. 18, 10:25 AM | 39 Comments
  • Mon, Apr. 18, 4:39 AM
    • World shares are following crude deep into the red, after the world's largest oil exporters failed to reach an agreement in Doha to freeze output at January levels.
    • The major sticking point during the meeting was the heightened tension between Saudi Arabia, the de facto OPEC leader, and Iran, which made a last-minute decision not to attend the gathering.
    • Although no one expected Tehran to freeze production after its international sanctions were lifted, it wasn't clear if the Saudis would demand that Iran immediately join the pact.
    • Crude futures -5% to $39.63/bbl.
    • In Asia: Japan -3.4%; Hong Kong -0.8%; China -1.4%.
    • In Europe: London -0.6%. Paris -0.8%. Frankfurt -0.8%.
    • U.S. futures: Dow -0.4%. S&P -0.5%. Nasdaq -0.5%.
    | Mon, Apr. 18, 4:39 AM | 52 Comments
  • Sun, Apr. 17, 9:38 PM
    • The world's largest oil-producing countries this weekend failed to reach a deal to freeze output at current levels. The cards were set early after Iran decided at the last minute not to attend - no surprise to watchers like Wilbur Ross who earlier said talks were doomed to failure because Iran would not agree to any production limits until it ramped up to pumping out about 4M barrels per day.
    • With Saudi Arabia vowing not to freeze production until others did the same, there wasn't much left to talk about.
    • WTI crude oil is lower by 4.5% to $39.84 per barrel, dragging down S&P 500 (NYSEARCA:SPY) futures by 0.6%.
    • Oil ETFs: USO, OIL, UWTI, UCO, DWTI, SCO, BNO, DBO, DTO, UGA, USL, DNO, OLO, UHN, SZO, OLEM
    • Broad Energy ETFs: XLE, VDE, ERX, OIH, ERY, DIG, DUG, BGR, IYE, FENY, FIF, PXJ, RYE, FXN, DDG, ERYY
    • Now read: Oil Cap Talks: The Smoke And Mirror Games (April 16)
    | Sun, Apr. 17, 9:38 PM | 121 Comments
  • Fri, Apr. 15, 5:41 PM
    • Crude oil prices are up 50% since February but most U.S. energy producers are not buying the bounce, and the rise in drilling activity that typically follows higher oil prices has not materialized this year.
    • Dow Jones reports that oil and gas execs meeting in New York this week for an industry conference expressed considerable caution, with Wunderlich's Jason Wangler saying producers talked more about reducing drilling even further rather than ramping up, as the focus is on costs and liquidity.
    • Cimarex Energy (NYSE:XEC) CEO Thomas Jordan told attendees that his company was hesitant to drill more before seeing more evidence that the commodity cycle had hit bottom, and "we haven't seen the fundamental support for that thesis."
    • Whiting Petroleum (NYSE:WLL) CEO James Volker said the company expects to spend 80% less this year than in 2015 and plans to put most of its $500M capex toward drilling but not completing ~160 wells, waiting for a potential price recovery in 2017.
    • ETFs: XLE, VDE, ERX, OIH, XOP, FCG, ERY, GASL, DIG, DUG, BGR, XES, IYE, IEO, FENY, IEZ, PXE, FIF, PXJ, RYE, NDP, GUSH, DRIP, DDG, FXN
    • Now read U.S. oil rig count falls by three in latest Baker Hughes tally
    | Fri, Apr. 15, 5:41 PM | 15 Comments
  • Thu, Apr. 14, 3:30 PM
    • The Obama administration announces new oil well control rules aimed at preventing the kind of blowout that happened in the 2010 Gulf of Mexico oil spill.
    • The regulations announced by the Interior Department tighten requirements for blowout preventers, well design, well control casing, cementing and sub-sea containment, and call for real-time monitoring, third-party reviews of equipment, regular inspections and safe drilling margin requirements.
    • The effects will be particularly acute for the Gulf’s top crude oil and gas producers, Royal Dutch Shell (RDS.A +1.1%), BP (BP -1.6%), Chevron (CVX +0.1%) and Exxon Mobil (XOM +0.4%); XOM says the new rules will cost $25B over 10 years and render many offshore discoveries worthless.
    • Offshore drilling stocks are broadly lower on the news: RIG -6.1%, DO -1.4%, ESV -5.1%, RDC -7.3%, NE -5.4%, ATW -9%, SDRL -8.9%, SDLP -4%.
    • ETFs: XLE, VDE, ERX, OIH, XOP, FCG, ERY, GASL, DIG, DUG, BGR, XES, IYE, IEO, FENY, IEZ, PXE, FIF, PXJ, RYE, NDP, GUSH, DRIP, DDG, FXN
    | Thu, Apr. 14, 3:30 PM | 171 Comments
  • Wed, Apr. 13, 7:12 PM
    • Chesapeake Energy (NYSE:CHK) was able to maintain its $4B bank line but many of its competitors are faring far worse: Since the start of 2016, lenders have yanked $5.6B of credit from 36 oil and gas producers, a 12% reduction, according to data compiled by Bloomberg.
    • Banks are cutting their oil and gas exposure in part because they are facing pressure from regulators and investors to rein in risk; JPMorgan said today that it had set aside another $529M to cover expected energy loan losses.
    • "The banks are walking a tightrope," says Bloomberg's Spencer Cutter. "They don’t want to push the companies into bankruptcy, but on the other hand they’re getting a lot of heat from regulators and investors. They can’t keep kicking the can down the road like they did last year."
    • At least 15 companies have seen their credit lines cut, including Whiting Petroleum (NYSE:WLL), Rex Energy (NASDAQ:REXX), Halcon Resources (NYSE:HK), Goodrich Petroleum (GDP) and Midstates Petroleum (NYSE:MPO).
    • ETFs: XLE, VDE, ERX, OIH, XOP, FCG, ERY, GASL, DIG, DUG, BGR, XES, IYE, IEO, FENY, IEZ, PXE, FIF, PXJ, RYE, NDP, GUSH, DRIP, DDG, FXN
    | Wed, Apr. 13, 7:12 PM | 39 Comments
XLE Description
The Energy Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Energy Select Sector Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
See more details on sponsor's website
Country: United States
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