Free Trial
→ Here’s How to Claim Your Stake in Elon’s Private Company, xAI (From Brownstone Research) (Ad)

Don’t Know What Stocks to Buy in the Oil Market? Try the XLE ETF

Jea Yu
Written by Jea Yu
May 8, 2023

Key Points

  • XLE ETF represents the energy sector of the S&P 500 index.
  • XLE has 23 holdings in the oil and energy sector.
  • XLE is trading down 4.9% on the year with a 4.01% annual dividend yield.
  • XOM and CVX make up 43% of the total weighting.
  • XLE has a 4% annual dividend yield paid quarterly.
  • MarketBeat previews the top five stocks to own by June 1st.

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

Should You Invest $1,000 in Energy Select Sector SPDR Fund Right Now?

Before you consider Energy Select Sector SPDR Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Energy Select Sector SPDR Fund wasn't on the list.

While Energy Select Sector SPDR Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover
12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Jea Yu
About The Author

Jea Yu

Contributing Author

Trading Strategies

Learn More about Jea Yu
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Energy Select Sector SPDR Fund (XLE)N/A$82.43+1.0%3.47%14.24Moderate Buy$82.43
Chevron (CVX)
4.6343 of 5 stars		$138.52+1.1%4.94%14.25Hold$161.25
ConocoPhillips (COP)
4.9716 of 5 stars		$88.58-0.3%3.52%11.37Moderate Buy$124.89
EOG Resources (EOG)
4.7449 of 5 stars		$111.13+1.3%3.51%8.95Moderate Buy$140.95
Exxon Mobil (XOM)
4.8226 of 5 stars		$107.38+1.2%3.69%13.70Moderate Buy$125.85
Schlumberger (SLB)
4.9388 of 5 stars		$34.51+0.6%3.30%11.10Moderate Buy$53.32
State Street (STT)
4.6643 of 5 stars		$93.81-0.3%3.24%11.38Hold$102.15
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

3 Stocks Offering Rare Generational Buying Opportunities
April 29, 2025

3 Stocks Offering Rare Generational Buying Opportunities

MarketBeat’s Chris Markoch shares 3 powerhouse companies offering rare upside — with strong brands, big dividends, and major growth potential.

Watch Video

Related Videos

Donald Trump Owns These 7 Stocks, Should You?
Volatility-Proof Your Portfolio with These 7 ETFs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines