Published July 30, 2012
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. As trading began today, XLE was up 9.3% over the last thirty trading days, and the S&P 500 climbed 4.4%.
CKX Lands (CKX) was a significant gainer in the sector, rising 11.9%. The stock closed at $17.75 with 2,835 shares moving. The stock traded in a range of $16.07 to $17.80. Basic Energy Services (BAS) also gained today, climbing 67 cents (+6.7%) to close at $10.73.
Mitcham Industries (MIND) fell 2.7% to close at $17.35, crossing its 50-day moving average of $17.02. Meanwhile, Royal Dutch Shell plc (NYSE:RDS.A) climbed 1.2% to close at $68.47, moving past its 200-day moving average of $68.42.
Natural Resource Partners (NRP) rose 3.1% to close at $21.03, approaching its 50-day moving average of $21.85. It has also moved closer to its 200-day moving average of $24.07. Oxford Resource Partners (OXF) rose 7% to close at $8.91, getting closer to its 200-day moving average or $9.80.
PHI (PHII) was a major loser in the sector, falling 3.3% (-85 cents) to close at $25.30 with 1,800 shares moving. The stock traded in a range of $24.80 to $25.70.
SemGroup (SEMG) hit a new 52-week high today, reaching $33.96 to top the previous high of $33.14.