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Tickers in this Article: BPT, BP, SNP, XEC, LUFK, DVN, APC
The Nasdaq has been relatively flat, the S&P 500 has climbed 0.3% and the Dow has remained steady after the morning's trading. The energy sector is the category of stocks that relate to producing or supplying energy. This sector includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, or integrated power firms. Performance in the sector is largely driven by the supply and demand for worldwide energy. Energy producers will do very well during times of high oil and gas prices, but will earn less when the value of energy drops. Furthermore, this sector is sensitive to political events, which historically have driven changes in the price of oil.

These are the biggest movers in the Energy sector (XLE) (+0.9%):
CompanyMarket CapPercentage Change
BP Prudhoe Bay (NYSE:BPT)$1.78 billion+3.5%
BP (NYSE:BP)$134.19 billion+2.9%
China Petroleum & Chemical Corp (NYSE:SNP)$88.3 billion+2.6%
Cimarex (NYSE:XEC)$5.33 billion+2.5%
Lufkin Industries (Nasdaq:LUFK)$1.82 billion+2.3%
Devon Energy (NYSE:DVN)$24.86 billion+2%
Anadarko (NYSE:APC)$35.39 billion+2%
Broker Summary: TD Ameritrade Thinkorswim

Increasing 3.5%, BP Prudhoe Bay (NYSE:BPT) is trading at $86.20 per share. At 145,489 shares, the company's volume so far today is 0.7 times the average daily volume.

Rising 2.9%, BP (NYSE:BP) is currently trading at $43.51 per share. The company is currently trading a volume of 6.8 million shares.

After an increase of 2.6%, China Petroleum & Chemical Corp (NYSE:SNP) has reached a current price of $104.35. The company's volume is currently 50,970 shares for the day,.

Cimarex (NYSE:XEC) has risen 2.5% and is currently trading at $63.58 per share. So far today, the company's volume is 245,615 shares. This is 0.2 times its current three-month average.

Lufkin Industries (Nasdaq:LUFK) has increased to a share price of $55.45, a 2.3% rise. So far today, the company's volume is 131,626 shares, 0.3 times the current daily average.

Devon Energy (NYSE:DVN) is at $62.69 per share after an increase of 2%. This morning, the company is trading a volume of 882,387 shares.

Anadarko (NYSE:APC) has risen 2% to hit a current price of $72.21 per share. At 991,372 shares, the company's volume so far today is which is likely to result in less activity than yesterday's volume of three million shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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