Chesapeake to Sap Energy ETFs After Results

By
A A A

Energy exchange traded funds (ETFs) may hit some headwinds Tuesday following quarterly results from from Anadarko Petroleum ( APC ) and Chesapeake Energy ( CHK ).

Both stocks slipped in after-hours trading Monday after the energy companies were out with quarterly earnings.

Chesapeake shares fell more than 3% late Monday as the company said it swung to a quarterly loss.


Energy-sector ETFs have rallied in 2011 on higher oil prices. Energy Select Sector SPDR Fund (NYSEArca: XLE) has jumped nearly 20% year to date.

The iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (NYSEArca: IEO) has 7.3% and 4.3% in Anadarko and Chesapeake, respectively.

Energy Select Sector SPDR Fund (NYSEArca: XLE)




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , ETFs

Referenced Stocks: APC , CHK

ETF Trends

ETF Trends

More from ETF Trends:

Related Videos

Stocks

Referenced

Most Active by Volume

45,543,019
  • $16.75 ▲ 0.12%
44,349,390
  • $132.54 ▲ 0.88%
32,695,176
  • $3.01 ▲ 19.92%
28,073,679
  • $34.76 ▲ 2.75%
27,339,999
  • $9.15 ▼ 3.58%
26,142,754
  • $34.71 ▼ 1.03%
25,357,890
  • $46.90 ▼ 1.10%
24,562,443
  • $15.27 ▼ 1.55%
As of 5/22/2015, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com