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Junk Firms Find the Availability of Cheap Debt Waning

Energy Sector Recap for the Week Ended August 28

(Continued from Prior Part)

XLE’s leaders and laggards

As we saw in the previous part, refiners and equipment and services were the worst-performing and best-performing subsectors, respectively, of the Energy Select Sector SPDR ETF (XLE) in the week ended August 28. Valero Energy (VLO) and Phillips 66 (PSX) were the worst- and best-performing stocks among refiners, respectively, and Schlumberger (SLB) and Cameron International (CAM) were the worst- and...