Which Energy Stocks Rose the Most Last Week?

Sanchez Energy (SN) rose 20.7% between June 9 and June 16, 2017. Last week, SN rose the most among the constituents of the following major energy ETFs: the VanEck Vectors Oil Services ETF (OIH), the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), the Alerian MLP ETF (AMLP), the Energy Select Sector SPDR ETF (XLE), and some American-listed international integrated energy stocks.

On June 16, 2017, Sanchez Energy reported on the sale of its non-core Marquis asset to Lonestar Resources US (LONE). The asset is located in the Eagle Ford Shale. On the same day, Sanchez Energy stock rose 13.3%.

Last week, Tidewater (TDW) was the second-largest gainer in the energy sector. On June 12, 2017, Tidewater reported its earnings for the quarter ended March 31, 2017. It reported a loss of $2.01 per share, higher than the Thomson Reuters estimate of a loss of $1.30 per share. However, its revenue for the quarter ended March 31, 2017, stood at $160.7 million, above the Thomson Reuters estimate of $120 million.

On June 13, 2017, after its financial results, TDW stock rose 7.5%. On June 16, 2017, the stock again surged by 13.7%.

Last week, Canada-based integrated energy company Imperial Oil Limited (IMO) was the third largest gainer on our list. Other energy stocks such as EQT (EQT) and ConocoPhillips (COP) ranked fourth and fifth among the top energy gainers between June 9 and June 16, 2017.