Monday Sector Laggards: Energy, Materials

Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 1.0% loss. Within that group, Chesapeake Energy (NYSE: CHK) and Cabot Oil & Gas Corp. (NYSE: COG) are two large stocks that are lagging, showing a loss of 3.8% and 2.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 0.7% on the day, and up 13.60% year-to-date. Chesapeake Energy, meanwhile, is up 11.14% year-to-date, and Cabot Oil & Gas Corp., is down 11.87% year-to-date. Combined, CHK and COG make up approximately 2.5% of the underlying holdings of XLE.

http://www.forbes.com/sites/joelkornblau/2014/07/07/monday-sector-laggards-energy-materials/