NYSEARCA:XLE

Energy Select Sector SPDR Fund (XLE)

64.31
-0.17 (0.26%)
as of Sep 18, 2026, 8:00:00 pm Market Open.
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BUY
Energy companies are paying down debt and giving back to shareholders. This sector is now the 4th-biggest on the S&P
BUY
As long as (WTI) oil remains above $60, oil companies will remain cash machines. She'll wait this cycle out. Also, PEs are low like Devon at 7x and Chevron at 10x. There's a lot of runway.
BUY
It's up 70% YTD, so oil is due for a pause. There's still runway ahead in the long term, and a pullback in the short-term, but at $60 a barrel, these names remain profitable.
BUY
She doesn't own the big integrateds. There will be strength in oil. We may see a modest economic slowdown in the second half of 2023, and that could be a chance to buy tese oil stocks. You probably get another shot at these stocks, and integrateds will be a great way to buy it. Also, they have exposure to renewables.
BUY
We need fossil fuels for a long time, like it or not.
SELL
She sold XLE, her biggest exposure to energy. She remains positive on energy, but the XLE chart was parabolic and unsustainable, so she took profits. Use covered calls to play energy stocks.
BUY
Energy is her top pick for 2022. She owns big positions in both ETFs (XLE and XOP). She sees more upside for energy in 2022. In recent years, energy names have been left for dead, pressured by ESG and global government regulations; energy has badly lagged gains in the Nasdaq in the last 10 years. If we get past Covid, there's a good chance that 12 months from, oil demand will outstrip supply. Lots of runway in energy to come.
COMMENT
XLE has large cap stocks in oil production area. It adds market beta to these names. Crude oil ETF only deals with crude. In the meltdown of oil, crude is still down when it is leveraged. DBO is not leveraged and is a good option for exposure. It also rolls contracts well to give exposure to general investors to oil.
BUY
The world is moving away from oil, but in the short term, there could be increased demand to supply. If oil is $60-$80, oil stocks are pretty cheap. Likes the sector to trade, but not for the long term. The biggest investors in green energy are these traditional energy companies.
SELL
He remains bearish oil and XLE.
SELL
He remains bearish oil and XLE.
COMMENT
Both the US and Canada governments are now less supportive of the energy sector overall. However, because of cut-back in capital expenditure, the reflation story is positive for the next year. Crude oil prices can climb to $50-$60. Ultimately, this will not be sustainable but you could be over-weight for the next 6-12 months.
PAST TOP PICK
(A Top Pick Apr 03/19, Down 4%) The supply demand case for energy is really quite strong but fundamentally investors are concerned about the future.
TOP PICK
It's an American oil ETF. XLE is well off its highs, so there's room to run. There's a month left in oil seasonality, so now is the time to buy.
PAST TOP PICK
(A Top Pick Feb 09/18, Up 4%) It is OK because it is US. Energy in the US is OK unlike Canada.
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