Published August 22, 2012
During trading today, both the Energy sector (XLE) and the S&P500 showed little movement.
Ferrellgas Partners L.P (FGP) was one of the sector's big losers, as its price dropped 11.1% (-$2.41) to close at $19.35. One million shares of the stock moved. The stock traded between $18.77 and $21.38. Shares are down, having dropped $2.40 (-11%) from a price of $21.75 on August 15, 2012.
Permian Basin Royalty (PBT) fell 5.8% to close at $17.97, crossing its 50-day moving average of $18.36. Meanwhile, Core Laboratories N.V (CLB) climbed 1.3% to close at $123.34, moving past its 200-day moving average of $122.06.
Dawson Geophysical Company (DWSN) rose 3.1% to close at $21.91, approaching its 50-day moving average of $22.60. It has also moved closer to its 200-day moving average of $27.38. Murphy Oil (APL) fell 2.1% to close at $53.82, moving closer to its 50-day moving average of $52.68. Also, the stock moved closer to its 200-day moving average of $33.58.
Harvest Natural Resources (HNR) was a major gainer in the sector, rising 3.7% (+32 cents) to close at $9.05 with 595,077 shares moving. The stock traded in a range of $8.70 to $9.19.
PHI (PHII) hit a new 52-week high today, reaching $29.80 to top the previous high of $29.00.