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Tickers in this Article: SGY, SM, EQT, WTI, AREX, LUFK, CVI
Currently, the Nasdaq is trading down 0.4%, the S&P 500 is unchanged and the Dow is down 0.1%. 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.

On a quiet day for the market overall so far, the Energy sector (XLE) has slipped 0.1% and its biggest movers are currently:
CompanyMarket CapPercentage Change
Stone (NYSE:SGY)$997.5 million-4.3%
SM (NYSE:SM)$3.37 billion+3.9%
EQT (NYSE:EQT)$8.53 billion+3.8%
W&T Offshore (NYSE:WTI)$1.32 billion-3.3%
Approach Resources (Nasdaq:AREX)$1.01 billion-2.8%
Lufkin Industries (Nasdaq:LUFK)$1.92 billion-1.9%
CVR Energy (NYSE:CVI)$4.16 billion+1.8%
Forex Broker Summary: Forex Capital Markets (FXCM)

Stone (NYSE:SGY) has decreased to $19.29 per share, a 4.3% fall. So far today, 650,707 shares of the company's stock have changed hands. This is on pace to reach yesterday's trading volume of 1.5 million shares.

Rising 3.9%, SM (NYSE:SM) is currently trading at $53.01 per share. At 735,584 shares, the company's volume so far today is 0.6 times the average daily volume.

After rising 3.8%, EQT (NYSE:EQT) is currently trading at a share price of $59.19. So far today, the company's volume is 2.1 million shares.

W&T Offshore (NYSE:WTI) has fallen 3.3% and is currently trading at $17.13 per share. With 269,734 shares changing hands so far today, the company's volume is 0.7 times the average volume over the last three months.

Approach Resources (Nasdaq:AREX) has fallen 2.8% and is currently trading at $25.37 per share. The company's volume is currently 70,105 shares. This is a sign that there will be less trading activity than there was yesterday.

Falling 1.9%, Lufkin Industries (Nasdaq:LUFK) is currently at a share price of $56.09. At 109,214 shares, the company's volume so far today is 0.4 times the current daily average.

CVR Energy (NYSE:CVI) is currently trading at $48.74 per share, a 1.8% increase. The company's volume for the day so far is 81,597 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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