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WHAT MOVED THE MARKET TODAY
DAILY NOTES

Energy · Select Sector

21 stocks · cap-weighted, ETF-derived weights · Oct 9, 2026 close
65.09
+20.38 (+45.58%)
XLE 65.09 · +20.4 pts (+45.58%) YTD
1D1W1MQTD3M6MYTD1Y2Y3Y5Y
68.4662.1355.8149.48EW +47.09%H 65.93 · Sep 15L 44.71 · Dec 31
Dec 31Mar 13May 21Aug 3Oct 9
Breadth
19 / 21
stocks rose with the index
Concentration
37%
of the gain from CVX, MPC, VLO
Biggest driver
CVX +3.15
CHEVRON CORP, +41.72%
Biggest drag
EXE −0.16
EXPAND ENERGY CORP, −19.15%

What drove it

21 members · drivers first · YTD · residual 175.4bp exceeds 60bp gate

The XLE rose 45.58% (+20.38 pts) so far this year in a broad advance: 19 of 21 stocks rose, with CVX out front at +3.15 points.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+20.1 pts from 20 gainers−0.2 pts from 1 losers
net +20.4 pts · gainers outweigh losers 126.3 to 1
Stock
Points
Return
XLEsum of all 21 stocks
+20.4
100%
+45.58%
CVXCHEVRON CORP
+3.2
15%
+41.72%
MPCMARATHON PETROLEUM CORP
+2.3
11%
+182.27%
VLOVALERO ENERGY CORP
+2.0
10%
+169.50%
PSXPHILLIPS 66
+1.8
9%
+118.80%
XOMEXXONMOBIL HOLDINGS CORP
+1.6
8%
+14.27%
COPCONOCOPHILLIPS
+1.6
8%
+45.41%
SLBSLB LTD
+1.1
5%
+28.94%
EOGEOG RESOURCES INC
+1.0
5%
+43.58%
TRGPTARGA RESOURCES CORP
+0.8
4%
+56.90%
OXYOCCIDENTAL PETROLEUM CORP
+0.7
3%
+47.53%
DVNDEVON ENERGY CORP
+0.6
3%
+33.46%
OKEONEOK INC
+0.5
3%
+25.38%
KMIKINDER MORGAN INC
+0.5
3%
+22.72%
WMBWILLIAMS COS INC
+0.5
2%
+22.70%
FANGDIAMONDBACK ENERGY INC
+0.4
2%
+29.26%
BKRBAKER HUGHES CO
+0.4
2%
+25.41%
APAAPA CORP
+0.3
2%
+90.65%
HALHALLIBURTON CO
+0.3
2%
+16.19%
TPLTEXAS PACIFIC LAND CORP
+0.3
1%
+26.13%
EQTEQT CORP
+0.2
1%
−0.86%
EXEEXPAND ENERGY CORP
−0.2
−1%
−19.15%
Cap weighting, illustrated

EXXONMOBIL HOLDINGS CORP and HALLIBURTON CO moved almost identically (+14.27% vs +16.19%), yet XOM moved the XLE 5.3× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +20.38 pt move · cell size = points contributed · color = direction, intensity = return
CVX+3.2 pts(+41.7%)
MPC+2.3 pts(+182.3%)
VLO+2.0 pts(+169.5%)
PSX+1.8 pts(+118.8%)
XOM+1.6 pts(+14.3%)
COP+1.6 pts(+45.4%)
SLB+1.1 pts(+28.9%)
EOG+1.0 pts(+43.6%)
TRGP+0.8 pts
OXY+0.7 pts
DVN+0.6 pts(+33.5%)
OKE+0.5 pts(+25.4%)
KMI+0.5 pts(+22.7%)
WMB+0.5 pts(+22.7%)
FANG+0.4 pts(+29.3%)
BKR+0.4 pts
APA+0.3 pts
HAL
TPL+0.3 pts
EQT

Concentration curve

cumulative share of the +20.38 pt move · sorted by contribution
0%50%100%5111621stocks:3 stocks = 37%100% covered at 21

When they drove it

cumulative points through the period
0CVX +3.15MPC +2.34VLO +2.05EXE −0.16Dec 31Oct 9

Breadth

member returns, this period
−25%+25%+75%+125%+175%
From −19.15% (EXE) to +182.27% (MPC). Equal-weight, the XLE would be +47.09% vs the actual +45.58%; the gap is what cap weighting did.

By sector

point contribution · sums to +20.38 pts
-21
+20.0

The year, session by session

every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUGSEPOCT

Share this move

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SESSIONSETTLEDBOARDXLE YTDMEMBERS21RESIDUAL175.4BP / 60BP GATESRCNASDAQ · CBOE · ALPHA VANTAGEWMTMT.COM