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These Energy Stocks Rose the Most Last Week

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Top gainers

Oil field services stock CARBO Ceramics (CRR) was the biggest gainer among the energy sector stocks last week. Our list of energy stocks are all part of the following four 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)

Apart from the above energy ETFs, a few US-listed integrated energy companies are also included in this list. Downstream stock PBF Energy (PBF) was the second-highest gainer on our list of energy stocks. On August 3, 2017, it reported its 2Q17 earnings results. It reported a loss of $1.01 per share against estimated earnings of $0.02 per share.

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Downstream stocks HollyFrontier (HFC) and Alon USA Partners (ALDW) were the third and fourth highest gainers among the energy sector stocks during the last week. Incidentally, global downstream ETF, the VanEck Vectors Oil Refiners ETF (CRAK), was the outperformer among energy ETFs between July 28 and August 4, 2017.

On August 2, 2017, HFC reported its 2Q17 earnings results. It reported net income of $0.66 per diluted share. The market had expected earnings to range between $0.38 and $0.62 per share.

Midstream stock Enable Midstream Partners (ENBL) was the fifth largest gainer among energy stocks. It reported its 2Q17 earnings results on August 1, 2017. Its diluted earnings per share were at $0.2 against a mean analyst estimate of $0.16.

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