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See exactly how ERX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for ERX and 80,000+ other tickers.
The Direxion Daily Energy Bull and Bear 2X ETFs are structured to provide daily investment returns that correspond to twice (200%) the performance of the Energy Select Sector Index, before accounting for fees and other expenses. Specifically, the "Bull" version aims for double the index's positive daily movement, while the "Bear" counterpart targets two times the index's inverse (opposite) daily performance. It's crucial to understand, however, that there is no guarantee these funds will consistently achieve their stated investment objectives.
Squarepoint Ops LLC acquired a new stake in Direxion Daily Energy Bull 2X ETF (NYSEARCA:ERX) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,714 shares of the company's stock, valued at approximately $1,579,000. Squarepoint Ops LLC owned
Brent crude nears $100 as escalating U.S.-Iran tensions raise supply risks, putting oil and energy ETFs in focus while pressuring retail, airline and India-focused funds.
Energy stocks have already had a strong 2026, but investors looking at the Direxion Daily Energy Bull 2X Shares (NYSEARCA:ERX) do not necessarily need Exxon Mobil, Chevron, or the broader energy sector to double from here for the ETF to
Don't worry. The “curse” largely boils down to Iran War's impact on renewable energy stocks.
The two largest U.S. integrated supermajors, Exxon Mobil (XOM) and Chevron (CVX), reported second-quarter profits that surged on rising oil prices due to renewed geopolitical tensions in the Middle East. With these two firms accounting for large allocations in many energy ETFs, their earnings serve as a primary catalyst for the entire energy ETF landscape.