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Short Sellers Lay Into Some Of This ETF's Holdings
Tuesday, June 14, 2016 - 3:32pm | 512The conventional wisdom that rising oil prices often pinch refining equities is holding true this year as the VanEck Vectors Oil Refiners ETF (NYSE: CRAK) is off nearly 5.6 percent. That compares with a year-to-date gain of 11.4 percent for the Energy Select Sector SPDR (ETF) (NYSE: XLE), the...
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Energy ETFs Are Soaring, But Some Investors Lack Enthusiasm
Monday, June 13, 2016 - 12:14pm | 695The Energy Select Sector SPDR (ETF) (NYSE: XLE), the largest equity-based exchange-traded fund tracking the energy sector, is up more than 10 percent in the second quarter. That extends a run that has XLE up 12.5 percent year-to-date, a showing that, among the sector SPDR ETFs, has been trumped...
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Short Covering Helped Fuel This Energy ETF's Rebound
Thursday, May 5, 2016 - 8:41am | 468In what was a dreadful year for equity-based energy exchange-traded funds, the First Trust ISE Revere Natural Gas (ETF) (NYSE: FCG) was a particularly poor performer in 2015, plunging 59.1 percent. Although it has a long way to go even after last year's tumble, FCG is higher by more than 23...
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Energy ETFs Ready To Spark A Rally
Thursday, November 6, 2014 - 4:58pm | 580The price of oil has fallen below the $80 per barrel level and hit the lowest price in several years. While this may be a positive for industries that spend large amounts of money on energy commodities, it has been detrimental to the energy-related stocks and ETFs. The new Republican-led Senate...
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Encana Corporation-Athlon Energy Inc Deal A Potential Boost To These ETFs
Monday, September 29, 2014 - 4:12pm | 532A near-$6 billion deal involving Canada’s second-largest natural gas producer, Encana Corporation (NYSE: ECA), has the company expanding into a booming energy region in the United States. The company has agreed to purchase Athlon Energy Inc (NASDAQ: ATHL) in an all cash transaction, which...
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Why Energy And Utility ETFs Are Crushing The Competition
Monday, June 23, 2014 - 4:31pm | 457Picking the best sector of the market in any given year can be tough, considering there are a multitude of factors that must align for your picks to come out on top. This year, however, there is a neck-and-neck race for supremacy by both utility and energy stocks that may have considerable...
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Energy ETFs Surge On Higher Commodity Prices
Friday, April 18, 2014 - 1:00pm | 586The energy sector has been trading sharply higher, as rising oil and natural gas prices create a sturdy tailwind for many of these integrated service and exploration companies. After a frightening dip in January, that tested the 200-day moving average, the Energy Select Sector SPDR (NYSE: XLE...
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Seven Utilities Stocks Worth a Look Now
Friday, July 22, 2011 - 4:58pm | 909Looking for a little juice for the portfolio or dividends as a hedge against inflation? Then you might want to consider these seven dividend-paying utilities stocks that are up more than 15% year to date and trading near 52-week highs. CenterPoint Energy (NYSE: CNP): Based in Houston and sporting...