Fidelity Select Energy Service Portfolio (FSESX)
Fidelity Select Energy Service Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $19.44, down 4.24% on the session, giving a market capitalisation of $264.3M. Its beta of 2.61 implies it has historically moved more than the broad market.
This fund dedicates a minimum of 80% of its total assets to investing in companies primarily involved in the energy services industry. This includes firms that provide vital services and equipment to traditional energy sectors like oil, natural gas, electricity, and coal, as well as those supporting emerging energy sources such as nuclear, geothermal, oil shale, and solar power. The fund's investments span both domestic and international entities, with a principal focus on common stocks. Investment decisions are guided by a thorough fundamental analysis, which assesses elements like each company's financial stability, its competitive standing in its field, and overall market and economic conditions. By its design, this fund is considered non-diversified.
Fidelity Select Energy Service Portfolio is most often compared with the following Financial Services names: