Xle ETF News

State Street's job as an investment manager is to get you from point A to point B with as little pain as possible, and hopefully, plenty of assets in your retirement portfolio. And to its credit, many

The SPDR Energy Select Sector ETF gained 0.5% in midday trading Tuesday toward the highest close since October 2018, and was the only S&P 500 sector tracking ETF to gain ground, as crude oil prices spiked up to the highest prices seen since July 2014 as Russia''s invasion of Ukraine intensifies. Among the energy ETF''s (XLE) biggest gainers, shares of Occidental Petroleum Corp. rallied 5.2% to a two-year high, APA Corp. advanced 3.3% toward the highest close since April 2019 and Chevron Corp. jumped 2.7% toward a record high. The gains comes as continuous crude oil futures shot up 10.5% to $105.79 a barrel, while the S&P 500 fell 1.7%. Meanwhile, shares of Halliburton Co. , which disclosed earlier this month in its 2021 annual report that it could hurt by increased sanctions imposed on Russia for invading Ukraine, dropped 6.1% to pace the XLE''s decliners. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Shares of Chevron Corp. rose 1.6% in premarket trading Tuesday after the oil giant doubled its guidance for per-year share repurchases and raised its target for return on capital employed. At the company''s investor meeting, the company said it now expects to buy back $5 billion to $10 billion worth of stock per year, up from its previous guidance of $3 billion to $5 billion. That buybacks could represent 1.8% to 3.6% of Chevron''s market capitalization of $280.45 billion as of Monday''s close. And the company now targets a 12% return on capital employed in 2026 at with Brent crude at $60 a barrel, and 10% compound annual growth rate (CAGR) of operating cash flow per share by 2026. Chevron also affirmed its targets to lower carbon intensity of operations and grow new energy businesses. "We''re aiming to grow cash flow and return more of it to shareholders, leveraging our strengths to deliver lower carbon energy to a growing world," said Chief Executive Michael Wirth. The stock has run up 28.5% over the past three months through Monday, while the SPDR Energy Select Sector ETF has rallied 27.0% and the Dow Jones Industrial Average has slipped 2.9%.

Shares of energy companies <> rose alongside crude oil futures, easily topping Monday''s S&P sector leaderboard, and Occidental Petroleum <>

Energy-related exchange traded funds climbed on Monday, with Brent crude oil futures breaking back above $100, as Western countries piled more sanctions on Russia, fueling fears of disruptions to a gl

PSEG CEO Ralph Izzo joins Yahoo Finance's Bradley Smith to discuss how the Russia-Ukraine war will affect the energy market, how energy consumption has changed as more people work remotely from home,

USenergystocksrise Yahoo Finance's Jared Blikre reports on the market before the closing bell.

Karen Karniol-Tambour, Bridgewater head of investment research, joins 'Closing Bell' to discuss the commodities market.

PDC Energy Inc. announced Monday an agreement to buy Great Western Petroleum LLC, a Denver-Julesburg Basin operator, in a cash-and-stock deal valued at $1.3 billion. Oil and gas producer PDC said the acquisition will be funded through the issuance of 4.0 million shares of common stock to Great Western shareholders and about $543 million in cash. The deal is expected to close in the second quarter of 2022. PDC said the deal "materially increases" its scale through the acquisition of about 55,000 barrels of oil equivalent per day. PDC''s stock, which edged up 0.2% in premarket trading, has gained 7.8% over the past three months through Friday, while the SPDR Energy Select Sector ETF has run up 23.9% and the S&P 500 has slipped 4.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Russia's invasion of Ukraine has shocked people worldwide and has loudened the rallying call for freedom.

Are the golden days of oil companies over, or is there still plenty of growth ahead?

Let's take a look at some top-ranked ETFs that investors can consider to sail through the current market conditions.

PEO: A Good Choice For Energy Bulls And Income Investors

Considering the ongoing market turbulence, market participants have been making their investment choices and putting money in some ETF areas that have been highlighted here.

Energy sector gets swept up in broad market move to de-risk.