During trading today, both the Energy sector (XLE) and the S&P500 showed little movement.
The ETF is trading at 96.1% of its 50-day moving average and 98.1% of its 200-day moving average.
Basic Energy Services (BAS) was a major loser in the sector. Its price dropped 10.9% (-$1.71) to close at $13.94, as five million shares moved. The stock traded between $13.73 and $15. The stock has been on a downward trajectory over the last two months, declining $5.93 (-29.8%) from a price of $19.87 on February 21, 2012.
YPF (YPF) was a major gainer in the sector, rising 9.9% (+$1.30) to close at $14.42 with 5.7 million shares moving. The stock traded in a range of $12.48 to $14.96. Alliance Resource Partners L.P (ARLP) also gained today, climbing $3.62 (+6.2%) to close at $61.83.
Peabody Energy Corporation (BTU) rose 7% to close at $30.46, cross its 50-day moving average of $30.35 and 200-day moving average of $35.51.
Alliance Holdings GP L.P (AHGP) rose 6.2% to close at $42.94, approaching its 50-day moving average of $45.37. It has also moved closer to its 200-day moving average of $48.78. Core Laboratories N.V (CWEI) fell 2.5% to close at $130.48, moving closer to its 50-day moving average of $129.49. Also, the stock moved closer to its 200-day moving average of $74.59.
CVR Energy (CVI) hit a new 52-week high today, reaching $30.25 to top the previous high of $30.11.
Panhandle Oil and Gas (PHX) hit a new 52-week low today, hitting $24.16 to fall below the previous low of $25.