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 5.1% over the last thirty trading days, and the S&P 500 climbed 4.2%.
FX Energy (FXEN) was one of the sector's big losers, as its price dropped 7.3% (-60 cents) to close at $7.63. 590,373 shares of the stock moved. The stock traded between $7.52 and $8.23.
Increasing 5.8% (+$1.15) to close at $20.86, Inergy L.P (NRGY) was a major gainer in the sector. Today, 776,466 shares traded hands. The stock traded in a range of $19.83 to $21.14. Shares have been on on the rise over the past three months, climbing $1.52 (7.9%) from a price of $19.34 on July 20, 2012.
Cobalt International Energy (CIE) declined 4.7% to close at $22.78, moving below its 50-day moving average of $23.30 and 200-day moving average of $23.98. Consol Energy (CNX) climbed 3.4% to close at $33.06, moving past its 200-day moving average of $32.04.
Walter Energy (WLT) rose 2.5% to close at $37.43, approaching its 50-day moving average of $37.71. It has also moved closer to its 200-day moving average of $51.67. Panhandle Oil and Gas (PXD) fell 2.3% to close at $30.90, moving closer to its 50-day moving average of $30.27. Also, the stock moved closer to its 200-day moving average of $97.56.
Valero Energy (VLO) hit a new 52-week high today, reaching $29.78 to top the previous high of $29.26.