Two members of Real Money's "Stressed Out" index soared more than 20% on Wednesday while the broader market closed the day more modestly in the green.The S&P 500 ended up 0.44%, the Dow Jones Industrial Average gained 0.33%, the Nasdaq rose 0.87% and oil closed up 1.54% to $32.54 a barrel.
That said, among the day's biggest winners were Chesapeake Energy (CHK), which closed up 22.83%, and Encana (ECA), which rose 22.26%. Both companies reported earnings earlier Wednesday as well as reductions in their capital spending plans for 2016 in an effort to shore up their balance sheets amid a challenging commodity market.
Cheniere Energy (LNG) closed up 10.23% on the day as the company prepared its first export of liquefied natural gas from its Sabine Pass terminal. The shipment -- which represents the first commercial liquid natural gas export from the Lower 48 states -- was expected to occur late last month but was delayed by "instrumentation issues."
Elsewhere, shares of Etsy (ETSY) were up 6.9% on Wednesday after the company reported fourth-quarter earnings Tuesday that beat analyst expectations. The Brooklyn, N.Y.-based company reported revenue of $87.9 million, a 35.4% increase from the fourth quarter of 2014. Etsy also released its three-year financial guidance in which it forecasts revenue growth in the range of 20% to 25%.
"We believe Etsy has significant opportunity ahead and we remain committed to delivering long-term, sustainable growth to all our stakeholders. One of our key values at Etsy is open and transparent communication. In that spirit, we are providing this additional long-term guidance to better demonstrate how we believe our strategic initiatives will translate to our financial results over the next three years," said Etsy CFO Kristina Salen in the company's earnings release.
Finally, shares of Salesforce (CRM) are up 9% in after-market trading after the company reported earnings of $0.19 per share on revenue of $1.81 billion, which marks a 25% revenue increase from the fourth quarter of 2014. The company is also forecasting revenue to advance 21% to 22% in fiscal year 2017 (ending January).
On Thursday, Real Money will be watching as Best Buy (BBY) and Domino's Pizza (DPZ) report earnings.