Energy stocks resist market's September slide [FOX Business Network]
Cabot Oil & Gas Corporation (COG)
Last cabot oil & gas corporation earnings: 4/30 04:10 pm
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Source: FOX Business Network
Even with stocks skidding to their worst day in four months, energy remains the top-performing sector in the market. Shares of oil-and-gas companies tumbled 3% on Monday amid a marketwide rout sparked by troubles in China's property market , but the energy sector is still the brightest spot in a down September for stocks. Energy stocks in the S&P 500 lead the broad index's 11 other sectors this month, with a 1.2% decline. Cabot Oil & Gas remains up 21% in September, while EOG Resources and ConocoPhillips have each gained at least 2.8%. The S&P 500, meanwhile, is down 3.6%, as the technology, communication, industrial and material segments have all fallen at least 3.9% this month. Investors were walloped Monday by contagion fears stemming from a potential failure of property developer China Evergrande Group. Commodity prices, including oil , largely fell, taking energy stocks along with them. TOTALENERGIES TO INVEST $27 BILLION IN IRAQ But analysts say the supply-and-demand
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