Published August 16, 2012
The Energy sector (XLE) showed little change during trading today while the S&P 500 rose 0.7%.
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 up 6.1% over the last thirty trading days while the S&P 500 climbed 3.4%.
Venoco (VQ) was a major gainer in the sector, rising 15.2% (+$1.45) to close at $10.98 with 4.5 million shares moving. The stock traded in a range of $10.62 to $11.27. Shares price has risen $1.71 (18.4%) from $9.27 on August 9, 2012. Bonanza Creek Energy (BCEI) also gained today, climbing $1.13 (+5.9%) to close at $20.16.
CKX Lands (CKX) was a major loser in the sector. Its price dropped 8.7% (-$1.35) to close at $14.25, as 1,301 shares moved. The stock traded in a range of $14.25 to $14.85.
Transportadora de Gas del Sur (TGS) declined 4.3% to close at $1.77, moving below its 50-day moving average of $1.77 and 200-day moving average of $2.29. Carrizo Oil & Gas (CRZO) climbed 5.1% to close at $25.99, moving past its 200-day moving average of $25.22.
CARBO Ceramics (CRR) rose 2.7% to close at $71.25, approaching its 50-day moving average of $72.42. It has also moved closer to its 200-day moving average of $86.80. Bolt Technology (BOLT) fell 1.2% to close at $14.01, moving down to 1.6% above its 200-day moving average of $13.79.
Sunoco Logistics Partners L.P (SXL) hit a new 52-week high today, reaching $44.84 to top the previous high of $43.51.