US Crude Oil’s Small Gain: Which Energy Stocks Outperformed Last Week?
Upstream stock California Resources (CRC) rose the most among the companies on our list of energy stocks between October 13 and October 20, 2017. The stocks in the list are gathered from the VanEck Vectors Oil Services ETF (OIH), the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), the Energy Select Sector SPDR ETF (XLE), and the Alerian MLP ETF (AMLP). The list also considers a few US-listed integrated energy stocks.
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Last week, Noble Energy (NBL) and Cimarex Energy (XEC) ranked second and third, respectively, on our list of top energy gainers. Notably, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) was the second-least loser among energy sub-sector ETFs over this time period.
All these energy stocks rose by small degrees. US crude oil active futures rose just 0.2% in the week ended October 20, which could be the reason.
In the next part, we’ll focus on top energy losers.