On July 13–20, midstream stock TC PipeLines (TCP) saw the highest gain on our list of energy stocks. In fact, the Alerian MLP ETF (AMLP) rose 1.5%—the second-largest gainer among major energy subsector ETFs during this period, as we discussed in the previous part. On July 19, TC PipeLines announced that it will report its second-quarter earnings results on August 2.
We created our list of energy stocks from the following energy subsector ETFs and several 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), and the VanEck Vectors Oil Services ETF (OIH).
Other large gainers
Williams Partners (WPZ) and Antero Midstream Partners (AM) were the fourth and fifth-largest gainers on our list of energy stocks last week. On July 17, Antero Midstream Partners announced that it will report its second-quarter earnings results on August 1.
Energy commodities and the broader market
During the week ending July 20, US crude oil September futures fell 2.4%, while natural gas August futures rose 0.2%. The S&P 500 didn’t change during this period. The top five energy gainers outperformed the energy commodities and equity markets last week.
Next, we’ll discuss the top energy losses last week.