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Energy Stocks Bucked Bearish Equity and Oil Markets

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Energy stocks

On February 23–March 2, 2018, upstream stock Southwestern Energy (SWN) was the largest gainer on our list of energy stocks. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 1.4%—the least during this period among energy subsector ETFs.

Our list of energy stocks is taken from the following energy subsector ETFs. We also included a few integrated energy stocks.

  • the SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
  • the Energy Select Sector SPDR ETF (XLE)
  • the Alerian MLP ETF (AMLP)
  • the VanEck Vectors Oil Services ETF (OIH)

On March 1, 2018, Southwestern Energy announced its 4Q17 earnings results. Southwestern Energy reported adjusted earnings of $0.12 per diluted share. Analysts expected earnings of $0.09 per share.

Range Resources (RRC), RSP Permian (RSPP), and Gulfport Energy (GPOR) were the second, fourth, and fifth-largest gainers on our list of energy stocks in the week ending March 2, 2018.

On February 27, 2018, RRC announced its 4Q17 earnings results. RRC reported an income of $0.89 per diluted share. Analysts estimated earnings of $0.16 per share.

QEP Resources (QEP) was the third-largest energy gainer on our list in the seven calendar days to March 2, 2018.

In the week ending March 2, 2018, all of these energy stocks outperformed a fall of 2% and 3.6% in the S&P 500 Index (SPY) and US crude oil active futures, respectively.

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