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Energy ETFs Surged as Chevron, Exxon Enjoyed Record Quarterly Profits on High Oil Prices

Energy sector-related exchange traded funds jumped Friday after Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) quarterly results revealed their record profits, following the highest crude oil prices in over a decade. On Friday, the Energy Select Sector SPDR (NYSEArca: XLE) rose 3.7%, the Vanguard Energy ETF (NYSEArca: VDE) gained 3.7%, the iShares [...] The post Energy ETFs Surged as Chevron, Exxon Enjoyed Record Quarterly Profits on High Oil Prices appeared first on ETF Trends .
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