Energy Stocks Underperformed Oil and the Broader Market


Dec. 13 2017, Updated 7:33 a.m. ET

Energy stocks

On December 1–8, 2017, oilfield services stock Seadrill Limited (SDRL) was the largest loser among energy stocks. In fact, the VanEck Vectors Oil Services ETF (OIH) fell 2.5%—the second-largest fall in our energy subsector ETFs during this period, as we discussed in Part 2 of this series.

All of these energy stocks are analyzed for how their returns performed. They belong to 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). Our list also contains a few US-listed integrated energy stocks.

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Upstream stocks like Southwestern Energy (SWN), Sanchez Energy (SN), Range Resources (RRC), and Cobalt International Energy (CIE) were the second, third, fourth, and fifth-largest losers among energy stocks last week. In fact, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.1%—the largest loser among energy subsector ETFs, as we discussed in Part 2.

On December 4, 2017, Southwestern Energy announced that Clayton A. Carrell is the new COO as of December 5, 2017.

Last week, the S&P 500 Index (SPY) rose 0.4%, while US crude oil January futures fell 1.7%. So, all of the energy stocks discussed above have underperformed oil and the broader market.


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