In afternoon trading on Wednesday, Energy stocks are the best performing sector, not showing much of a loss. Within that group, Anadarko Petroleum Corp (NYSE: APC) and Devon Energy Corp. (NYSE: DVN) are two of the day’s stand-outs, showing a gain of 3.4% and 2.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is up 0.1% on the day, and up 9.92% year-to-date. Anadarko Petroleum Corp, meanwhile, is up 35.99% year-to-date, and Devon Energy Corp. is up 23.92% year-to-date. Combined, APC and DVN make up approximately 4.9% of the underlying holdings of XLE.
Source: Markets
Author
Harry Joiner
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