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Energy Select Sector SPDR ETF (XLE)

  • Mar. 21, 2013, 9:38 AM
    Goldman Sachs believes the selloff in oil service stocks creates a buying opportunity, as it sees Q1 earnings growing at a faster rate driven by completion work. The firm expects Halliburton (HAL) to report in-line Q1 results and recommends buying on the recent pullback, suggests Basic Energy (BAS) on better utilization, and likes Nabors Industries (NBR) on relative valuation.
  • Mar. 15, 2013, 10:12 AM
    Energy Select Sector SPDR ETF (XLE) announces quarterly distribution of $0.3571. 30-day SEC yield of 1.69% (as of 03/14/2013). For shareholders of record Mar. 19. Payable Mar. 25. Ex-div date Mar. 15.
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  • Mar. 8, 2013, 2:59 PM
    A check of sector performance YTD finds financials (XLF), consumer discretionary (XLY), healthcare (XLV), consumer staples (XLP), energy (XLE), and industrials (XLI) all ahead of SPY's 9% gain. Utilities (XLU) are lagging just a bit, but the biggest drag is tech (XLK), up 4.9%. Not bad considering Apple's 19% decline.
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  • Feb. 21, 2013, 12:39 PM
    First came yesterday's more hawkish Fed comments, and today it's rising U.S. crude inventories, as crude oil prices tumble another 2.5% to ~$93/bbl. on top of yesterday's similar losses. The uptrend in oil markets is now "firmly broken," according to VTB Capital's Andrey Kryuchenkov. XLE -1.1%, OIH -2%, XOP -0.8%, USO -2.1%, UCO -4.1%, OIL -2.1%, USL -1.5%, BNO -1%.
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  • Feb. 20, 2013, 3:21 PM
    Why the tumbling price of crude matters? The energy sector (XLE) has been the clear leader in 2013's rally, notes ukarlewitz. If it turns, will another sector step up or will energy lead the way down?
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  • Feb. 14, 2013, 3:59 PM
    It's a glorious day for the energy and oil services sectors, powering to the top of the Wall Street leaderboard after Goldman Sachs says January marked a "turnaround" in profitability for the group. Among the day's top gainers: HAL +6.2%, NBR +4.3%, SLB +3.7%, HP +3.3%, WFT +2.5%, BHI +2.4%. ETFs: OIH +2.9%, XES +2.9%, XLE +0.8%.
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  • Jan. 31, 2013, 11:57 AM
    Fidelity Contrafund manager Will Danoff is cautious about the energy sector (XLE), noting some companies continue to chase growth at the expense of returns. The industry - which made a massive investment in shale gas, causing prices to collapse - is doing the same thing with shale oil, he says.
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  • Jan. 30, 2013, 9:11 AM
    Quick question: What's the biggest holding in the SPDR Retail ETF (XRT)? It's Netflix, with 1.68% of assets. Money poured into the XRT yesterday, with the fund growing AUM by 31.25% (Amazon is a 1.07% holding). The Transports (IYT) saw a big inflow, growing AUM by 17.9%. Losing funds was the SPDR Oil & Gas Explorers (XOP), down 15%.
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  • Jan. 25, 2013, 10:27 AM
    Halliburton (HAL +4.6%) hits a 52-week high following upside Q4 results, leading the oil services (OIH +1.5%) and energy (XLE +0.8%) sectors; peers SLB and BHI also move up. Barclays sees up-and-coming offshore drillers Atwood Oceanics (ATW), Ocean Rig (ORIG) and Pacific Drilling (PACD) coming along for the ride as ways to gain exposure to the global proliferation of offshore drilling.
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  • Jan. 24, 2013, 1:31 PM
    A look at the relative strength of S&P 500 sectors vs. the overall average over the past year finds 3 - Consumer Discretionary (XLY), Financials (XLF), and Health Care (XLV) outperforming. Big outperformers a few months back, Telecom (IYZ) and Utilities (XLU) now trail. Underperforming badly not long ago, Energy (XLE) and Industrials (XLI) claw their way back.
  • Jan. 10, 2013, 3:06 PM
    Crude oil closes near four-month highs on news Saudi Arabia cut oil output nearly 5% last month to just over 9M bbl/day, well off highs above 10M reached during 2012 and the country's deepest production cut in almost three years. As demand for OPEC crude falls, the Saudi cut shows the kingdom "still wants to have, and does have, the role as the swing producer in the market."
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  • Jan. 9, 2013, 12:16 PM
    U.S. oil imports, once thought to be on an irreversible upward trajectory, are projected to reach their lowest in 25 years by 2014 and about half their 2004-07 peak levels, falling to 6M bbl/day. But falling imports won’t necessarily protect the U.S. from high gasoline prices or from oil shocks, and the U.S. will still be importing a greater share of its oil than during the 1973-74 OPEC oil shock.
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  • Jan. 8, 2013, 3:29 PM
    Vanguard's recent expense reduction means 9 of its 10 sector ETFs are now the cheapest available to U.S. investors. With an annual expense ratio of just 0.14%, VOX, VPU, VCR, VDC, VDE, VHT, VIS, VGT, and VAW stack up favorably vs. the 0.18% charged  by State Street's Sector SPDRs (XLU, XLY, XLP, XLE, XLF, XLV, XLK, XLI, XLB and XTL which charges 0.35%) and the 0.47%-0.48% iShares sector ETFs (RXI, KXI, IYE, IYF, IYZ, IYH, IDU, IYW, IYM, IYJ) charge. At 0.19%, Vanguard Financials (VFH) is still slightly more expensive than the Financial SPDR (XLF).
  • Jan. 8, 2013, 2:42 PM
    The world’s oil market should eventually see a glut of crude oil and a fall in prices given non-OPEC growth in production, especially from unconventional and deepwater North American sources, and steady demand growth, Global Hunter says. As for natural gas, the overabundance in supplies has led to a "severe cratering of prices on the one hand, but has set in motion a variety of longer-term demand drivers on the other."
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  • Jan. 7, 2013, 9:16 AM
    With the S&P at a new bull market high, Bespoke looks at sector performance since the last peak on Sept. 14. Leading the pack in the 4-month span are the financials (XLF) +5.2%, followed by Industrials (XLI) +3.6%, and Healthcare (XLV) +3.5%. Bringing up the rear are tech (XLK) -6.9% and Energy (XLE) -3.4%.
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  • Jan. 3, 2013, 5:42 PM
    The U.S. Energy Information Administration's Adam Sieminski predicts a big policy debate in the U.S. over oil and natural gas exports this year, and sees Mideast and other potential global supply trouble spots key to global energy prices. EIA forecasts Brent prices of $103/bbl, down from 2012’s $111, but with only Saudi Arabia having significant spare capacity, price volatility is likely.
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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.
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Country: United States
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