In the week ending on May 3, integrated energy stock YPF Sociedad Anónima (YPF) rose the most among the stocks in the energy space. The stocks are included in the following ETFs:
Other strong performers
Laredo Petroleum (LPI) and Gulfport Energy (GPOR) were the second and fifth-largest gainers among energy stocks last week. On May 1, Laredo Petroleum announced an adjusted net income of $0.12 for the last quarter—33.3% above analysts’ consensus estimates. On May 2, Gulfport Energy released its first-quarter earnings results. The company’s adjusted net income for the last quarter was at $0.33 per diluted share—2 cents above analysts’ consensus estimates.
Nabors Industries (NBR) had the third-highest increase among energy stocks in the week ending May 3. On April 30, Nabors Industries released its first-quarter earnings results. On a sequential basis, the loss contracted by 35.5%. However, the net loss from continuing operations was at $0.36 per share—compared to analysts’ consensus estimate for a loss of $0.26 per share. Cheniere Energy Partners LP (CQP) had the fourth-highest increase among energy stocks. On May 9, the company is scheduled to report its first-quarter earnings results.