Energy Sector Wrap

Markets FOXBusiness

The S&P 500 lost 0.1% while the Energy sector (XLE) showed little movement during trading today.

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Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLE was down 4.3% over the last thirty trading days while the S&P 500 was up 3%.

Increasing 12.6% (+$7.50) to close at $66.95, Adams Resources & Energy, Inc. (AE) was a major gainer in the sector. Today, 41,761 shares traded hands. The stock traded in a range of $59.25 to $67.20.

Apco Oil & Gas International Inc. (APAGF) was a major loser in the sector. Its price dropped 10.7% (-$6.85) to close at $57.41, as 81,848 shares moved. The stock traded between $53.81 and $64.25. The stock has fallen over the last three months, dropping $22.17 (-27.9%) from $79.58 on January 9, 2012.

CARBO Ceramics Inc. (CRR) declined 1.1% to close at $100.35, moving below its 50-day moving average of $99.09 and 200-day moving average of $118.21. Endeavour International Corporation (END) rose 2.5% to close at $12.15, crossing its 50-day moving average of $11.96.

Cabot Oil & Gas Corporation (COG) rose 2.2% to close at $31.94, approaching its 50-day moving average of $33.37. It has also moved closer to its 200-day moving average of $56.71. Lufkin Industries, Inc. (LUFK) fell 1.3% to close at $79.97, moving closer to its 50-day moving average of $78.86. Also, the stock moved closer to its 200-day moving average of $25.33.

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