MNV
Market News Video
MNV MNV The 10 Most Popular Large-Caps in ETFs
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Analyst Favorites With Strong Buyback Activity: Devon Energy Ranks As a Top Pick
Friday, March 8, 1:35 PM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that Devon Energy Corp. (DVN) ...

The Math Shows EIPX Can Go To $25
Monday, March 11, 7:15 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Ex-Dividend Reminder: Pembina Pipeline, Devon Energy and Civitas Resources
Tuesday, March 12, 10:03 AM ET, by Market News Video Staff

On 3/14/24, Pembina Pipeline Corp (PBA), Devon Energy Corp. (DVN), and Civitas Resources Inc (CIVI) ...

Tuesday Sector Laggards: Utilities, Financial
Tuesday, March 12, 2:42 PM ET, by Market News Video Staff

The worst performing sector as of midday Tuesday is the Utilities sector, showing a 1.1% ...

Sum Up The Parts: RAAX Could Be Worth $29
Wednesday, March 13, 6:58 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Friday Sector Laggards: Energy, Utilities

By Market News Video Staff, Friday, July 2, 4:27 PM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

Looking at the sectors faring worst as of midday Friday, shares of Energy companies are underperforming other sectors, showing a 0.4% loss. Within that group, Marathon Oil Corp. (NYSE:MRO) and Devon Energy Corp. (NYSE:DVN) are two of the day's laggards, showing a loss of 2.0% and 1.8%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is down 0.3% on the day, and up 46.93% year-to-date. Marathon Oil Corp., meanwhile, is up 109.30% year-to-date, and Devon Energy Corp. is up 90.13% year-to-date. Combined, MRO and DVN make up approximately 3.0% of the underlying holdings of XLE.

The next worst performing sector is the Utilities sector, showing a 0.1% loss. Among large Utilities stocks, AES Corp (NYSE:AES) and FirstEnergy Corp (NYSE:FE) are the most notable, showing a loss of 0.7% and 0.7%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is flat on the day in midday trading, and up 3.43% on a year-to-date basis. AES Corp, meanwhile, is up 12.52% year-to-date, and FirstEnergy Corp is up 24.71% year-to-date. Combined, AES and FE make up approximately 4.2% of the underlying holdings of XLU.

Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

Preferred Stock Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, six sectors are up on the day, while three sectors are down.

Sector% Change
Technology & Communications+0.7%
Healthcare+0.4%
Industrial+0.4%
Consumer Products+0.1%
Services+0.1%
Financial+0.1%
Utilities-0.1%
Materials-0.1%
Energy-0.4%


This Article's Word Cloud:   Among   Buying   Change   Combined   Communications   Comparing   Consumer   Corp   Devon   ETFs   Energy   Financial   FirstEnergy   Friday   Healthcare   Here   Industrial   Insiders   Looking   Marathon   Materials   NYSE   Products   SPDR   Sector   Select   Services   Start   Stocks   Utilities   approximately   basis   date   down   faring   holdings   loss   make   meanwhile   midday   respectively   sector   sectors   showing   stocks   trading   underlying   which   worst   year
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Friday Sector Laggards: Energy, Utilities | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.