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 11.3% over the last thirty trading days while the S&P 500 climbed -8%.
Matador Resources (MTDR) was a significant gainer in the sector, rising 6.3%. The stock closed at $9.85 with 135,199 shares moving. The stock traded in a range of $9.22 to $9.93.
Targa Resources Partners (NGLS) was one of the sector's big losers, as its price dropped 5.8% (-$2.21) to close at $35.80. 1.1 million shares of the stock moved. The stock traded in a range of $35.60 to $37.99. The stock has been losing steam over the last month, declining $8.95 (-20%) from a price of $44.75 on May 3, 2012.
PHI (PHIIK) climbed 2.2% to close at $24.02, moving past its 200-day moving average of $23.89.
Isramco (ISRL) rose 8.6% to close at $77.35, approaching its 50-day moving average of $85.46. It has also moved closer to its 200-day moving average of $83.42.
Suburban Propane Partners L.P (SPH) hit a new 52-week low today, hitting $34.58 to fall below the previous low of $35.47.