In the E&P ETF some of the components are rocking:
Southwestern up 3%
Antero up 7.5%
Range up 7.3%
Cabot up 4.1%
Gulfport up 4.9%
On a day the futures are off a half percent at $33.10?
The ETF itself is only up a percent but that's because Tesoro and Valero are both down 5%.
I've been meaning to ask the State Street folks why they have refiners and integrateds in the XOP but have never gotten around to it.