On November 24–December 1, 2017, Cobalt International Energy (CIE) rose the most among energy stocks. These energy stocks are 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), the Alerian MLP ETF (AMLP), and a few US-listed integrated energy stocks.
California Resources (CRC) was the second-largest gainer on our list of energy stocks last week. XOP rose 3.1%—the third-largest gainer on our list of energy ETFs during this period.
Midstream stock Enbridge Energy Partners (EEP) was the third-largest gainer on our list of energy stocks on November 24–December 1, 2017. Oilfield services stocks Nabors Industries (NBR) and Noble (NE) were the fourth and fifth-largest gainers on our list last week. In fact, OIH rose 4.8% —the highest on our list of energy subsector ETFs.
The S&P 500 Index (SPY) rose 1.5% in the week ending December 1, 2017. US crude oil January futures fell 1% last week. So, these energy stocks outperformed oil prices.