The Energy sector (XLE) held steady during a trading day that saw the S&P 500 grow 0.7%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLE was up 5.2% over the last thirty trading days, and the S&P 500 climbed 2.2%.
Mexco Energy Corporation (MXC) was a major loser in the sector. Its price dropped 9.8% (-65 cents) to close at $5.95, as 14,660 shares moved. The stock traded in a range of $5.79 to $6.52.
Bonanza Creek Energy (BCEI) was a major gainer in the sector, rising 6.6% (+$1.07) to close at $17.33 with 361,809 shares moving. The stock traded in a range of $16.28 to $17.37.
Alliance Resource Partners L.P (ARLP) rose 1.8% to close at $58.55, cross its 50-day moving average of $57.54 and 200-day moving average of $63.89.
Core Laboratories N.V (CLB) rose 1.4% to close at $116.45, approaching its 50-day moving average of $118.93. It has also moved closer to its 200-day moving average of $123.31. Cenovus Energy (CIE) fell 2% to close at $32.60, moving closer to its 50-day moving average of $31.75. Also, the stock moved closer to its 200-day moving average of $23.51.
Marathon Petroleum (MPC) hit a new 52-week high today, reaching $47.15 to top the previous high of $46.52.
Natural Resource Partners (NRP) hit a new 52-week low today, hitting $19.27 to fall below the previous low of $20.25.