Energy Sector Wrap

Markets FOXBusiness

During trading today, both the Energy sector (XLE) and the S&P500 showed little movement.

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While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month. Entering today's trading, XLE was up 4.7% over the last thirty trading days while the S&P 500 was down 0.7%.

Baker Hughes (BHI) was a major gainer in the sector, rising 9.2% (+$3.84) to close at $45.59 with 20.4 million shares moving. The stock traded in a range of $45.05 to $47.10. Share price has been climbing, and is up $6.29 (16%) from a price of $39.30 on July 13, 2012.

Adams Resources & Energy (AE) was a major loser in the sector. Its price dropped 7.2% (-$3.32) to close at $42.77, as 10,385 shares moved. The stock traded between $42.23 and $46.02.

Clayton Williams Energy (CWEI) rose 2% to close at $50.13, cross its 50-day moving average of $49.81 and 200-day moving average of $67.01.

Goodrich Petroleum Corporation (GDP) rose 4% to close at $13.27, approaching its 50-day moving average of $13.44. It has also moved closer to its 200-day moving average of $15.30. Apache (SPH) fell 2.1% to close at $85.08, moving closer to its 50-day moving average of $84.39. Also, the stock moved closer to its 200-day moving average of $42.61.

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Tesoro Logistics (TLLP) hit a new 52-week high today, reaching $37.36 to top the previous high of $37.33.