On a trading day that saw the S&P 500 gain 0.7%, the Energy sector (XLE) showed little change.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up 1.7% over the last seven trading days, but XLE was up 4.4%.
Mcmoran Exploration (MMR) was a significant gainer in the sector, rising 12.4%. The stock closed at $13.14 with seven million shares moving. The stock traded in a range of $10.94 to $13.27.
Voyager Oil & Gas (VOG) was a major loser in the sector, falling 8.3% (-12 cents) to close at $1.33 with 810,131 shares moving. The stock traded in a range of $1.28 to $1.50.
SM Energy (SM) rose 7% to close at $51.67, cross its 50-day moving average of $49.17 and 200-day moving average of $64.15. PowerSecure International (POWR) declined 2.3% to close at $4.68, moving below its 50-day moving average of $4.56 and 200-day moving average of $5.26.
Clayton Williams Energy (CWEI) rose 5% to close at $47.91, approaching its 50-day moving average of $50.51. It has also moved closer to its 200-day moving average of $67.64. Southwestern Energy (SWN) fell 1.6% to close at $31.60, moving down to 1.4% above its 200-day moving average of $31.16.
InterOil Corporation (IOC) hit a new 52-week high today, reaching $79.40 to top the previous high of $78.69.