Free Trial
→ [FREE GIFT] New AI for retail traders (From TradeAlgo) (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.
  • Five stocks to consider instead of Energy Select Sector SPDR Fund.

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

(Almost) Everything You Need To Know About The EV Market Cover
(Almost) Everything You Need To Know About The EV Market

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

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)
4.6398 of 5 stars		$138.52+1.1%4.94%14.25Hold$161.25
ConocoPhillips (COP)
4.9837 of 5 stars		$88.58-0.3%3.52%11.37Moderate Buy$124.89
EOG Resources (EOG)
4.7688 of 5 stars		$111.13+1.3%3.51%8.95Moderate Buy$140.95
Exxon Mobil (XOM)
4.8236 of 5 stars		$107.38+1.2%3.69%13.70Moderate Buy$125.85
Schlumberger (SLB)
4.9393 of 5 stars		$34.51+0.6%3.30%11.10Moderate Buy$53.32
State Street (STT)
4.6739 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