Filed Under: ,
Tickers in this Article: RIG, EEP, EEQ, CGV, TSO, NSH, CLMT
Currently, the Nasdaq is trading up 0.1%, the S&P 500 has decreased 0.3% and the Dow has declined 0.3%. 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.

The Energy sector (XLE) is up 0.2% overall, and these are the biggest movers in the sector so far:
CompanyMarket CapPercentage Change
Transocean (NYSE:RIG)$16.55 billion+4.8%
Enbridge Energy Partners (NYSE:EEP)$7.69 billion-3.4%
Enbridge Energy Management (NYSE:EEQ)$1.27 billion-3.3%
CGG Veritas (NYSE:CGV)$4.9 billion-3.2%
Tesoro (NYSE:TSO)$4.98 billion+3%
NuStar GP (NYSE:NSH)$1.24 billion-2.9%
Calumet Specialty Products Partners (Nasdaq:CLMT)$1.82 billion-2.8%
Investopedia Markets: Explore the best one-stop source for financial news

Transocean (NYSE:RIG) has risen 4.8% to hit a current price of $48.29 per share. So far today, the company's volume is 3.2 million shares, whereas yesterday, volume was only 2.5 million shares.

Enbridge Energy Partners (NYSE:EEP) is currently trading at a share price of $29.20, a 3.4% decline. This morning, the company is trading a volume of 323,800 shares. This is 0.6 times the average volume over the last three months.

At $30.33, Enbridge Energy Management (NYSE:EEQ) has slipped 3.3%. So far today, the company's volume is 71,609 shares, one times the average daily volume.

Currently trading at $31.25 per share, CGG Veritas (NYSE:CGV) has fallen 3.2%. So far today, the company's volume is 5,105 shares.

Tesoro (NYSE:TSO) has moved up 3% and is currently trading at $36.54 per share. So far today, 773,410 shares have changed hands, on pace to finish the day below yesterday's volume of 3.2 million shares.

Falling 2.9%, NuStar GP (NYSE:NSH) is currently at a share price of $28.23. So far today, 84,609 shares have changed hands. This is 0.8 times its average volume over the past three months.

Calumet Specialty Products Partners (Nasdaq:CLMT) is down 2.8% to reach $30.73 per share. The company's volume is currently 133,784 shares for the day, consistent with its current daily average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

comments powered by Disqus

Trading Center