During trading today, both the Energy sector (XLE) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, XLE was down 6.6% over the last thirty trading days while the S&P 500 climbed -4.5%.
Matador Resources (MTDR) was a major loser in the sector. Its price dropped 11.3% (-$1.13) to close at $8.91, as 576,892 shares moved. The stock traded between $8.86 and $10.09.
Increasing 4.9% (+43 cents) to close at $9.15, CE Franklin (CFK) was a major gainer in the sector. Today, 4,863 shares traded hands. The stock traded in a range of $8.97 to $9.42.
Alliance Holdings GP L.P (AHGP) declined 2.7% to close at $42.35, moving below its 50-day moving average of $43.50 and 200-day moving average of $47.88. SeaDrill (SDRL) climbed 1% to close at $36.32, moving past its 200-day moving average of $36.22.
Alon USA Energy (ALJ) rose 3.2% to close at $8.02, approaching its 50-day moving average of $8.70. It has also moved closer to its 200-day moving average of $9.07.