These Were Last Week’s Weakest Energy Stocks

Between September 7 and 14, integrated energy stock Petrobras (PBR) fell the most on our list of energy stocks, which also included the following:

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

Integrated energy stock YPF Sociedad Anonima (YPF) was the second weakest on our list last week, and midstream stocks Western Gas Partners (WES) and Shell Midstream Partners (SHLX) ranked third and fourth. The Alerian MLP ETF (AMLP) rose 0.3%, the least among major energy subsector ETFs.

Upstream stock PDC Energy (PDCE) was the fifth weakest on our list. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 3.5%, making it the second strongest among major energy subsector ETFs.

Last week, US crude oil October futures rose 1.8%, natural gas October futures fell 0.3%, and the S&P 500 rose 1.2%. Next, we’ll discuss oil ETFs’ performance.