Energy Sector Wrap

Published May 07, 2012

| FOXBusiness

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

The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, XLE was down 4.4% over the last seven trading days while the S&P 500 went up -2%.

Apco Oil & Gas International (APAGF) was one of the sector's big losers, as its price dropped 7.8% (-$2.47) to close at $29.20. 25,537 shares of the stock moved. The stock traded between $29.04 and $31.39.

PHI (PHIIK) was a major gainer in the sector, rising 6.2% (+$1.42) to close at $24.23 with 21,360 shares moving. The stock traded in a range of $22.51 to $24.61. The stock has been slipping recently, and shares are down $2.40 (-9%) from a price of $26.63 on April 30, 2012.

Consol Energy (CNX) rose 1.2% to close at $33.78, cross its 50-day moving average of $33.77 and 200-day moving average of $36.33.

Cloud Peak Energy (CLD) rose 3.6% to close at $14.79, approaching its 50-day moving average of $15.45. It has also moved closer to its 200-day moving average of $18.04. Sunoco Logistics Partners L.P (BPT) fell 2.1% to close at $38.82, moving closer to its 50-day moving average of $38.78. Also, the stock moved closer to its 200-day moving average of $118.15.

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