During trading today, both the Energy sector (XLE) and the S&P500 showed little movement.
The ETF is trading at 96% of its 50-day moving average and 98.2% of its 200-day moving average. As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLE was down 7.9% over the last thirty trading days. The S&P 500, in comparison, went up -1.6%.
Apco Oil & Gas International (APAGF) was one of the sector's big losers, as its price dropped 8.8% (-$4.07) to close at $42.03. 36,320 shares of the stock moved. The stock traded in a range of $40.57 to $46.
Willbros Group (WG) was a significant gainer in the sector, rising 8.5%. The stock closed at $4.33 with 600,651 shares moving. The stock traded in a range of $4.10 to $4.54. Share price is up 63 cents (17%) from $3.70 on March 19, 2012.
Halliburton Company (HAL) rose 4.6% to close at $34.17, cross its 50-day moving average of $33.88 and 200-day moving average of $35.56. PHI (PHIIK) declined 6.6% to close at $22.77, moving below its 50-day moving average of $23.65 and 200-day moving average of $23.44.
Superior Energy Services (SPN) rose 1.9% to close at $25.83, approaching its 50-day moving average of $27.22. It has also moved closer to its 200-day moving average of $28.60.
SemGroup (SEMG) hit a new 52-week high today, reaching $30.90 to top the previous high of $30.13.








You must login to comment.