Filed Under: ,
Tickers in this Article: GPOR, IOC, PDCE, AHGP, ROSE, ARLP, EVEP
Currently, the Nasdaq has been relatively flat, the S&P 500 is up 0.1% and the Dow has climbed 0.2%. 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 biggest movers in the Energy sector (XLE) (+0.2%) are:
CompanyMarket CapPercentage Change
Gulfport (Nasdaq:GPOR)$1.77 billion+13.7%
InterOil Corporation (NYSE:IOC)$2.87 billion-6.1%
PDC Energy (Nasdaq:PDCE)$953 million+4.4%
Alliance Holdings GP (Nasdaq:AHGP)$2.71 billion+2.9%
Rosetta Resources (Nasdaq:ROSE)$2.43 billion-2.5%
Alliance Resource Partners (Nasdaq:ARLP)$2.04 billion+2.5%
EV Energy Partners (Nasdaq:EVEP)$2.54 billion+2.3%
Investopedia Markets: Explore the best one-stop source for financial news

After a big jump of 13.7%, Gulfport (Nasdaq:GPOR) is trading at $36.08 per share. So far today, the company's volume is 2.5 million shares.

InterOil Corporation (NYSE:IOC) has decreased to $54.25 per share, a 6.1% fall. The company's volume for the day so far is 829,953 shares, one times its average over the past three months.

PDC Energy (Nasdaq:PDCE) is up 4.4% to reach a current price of $33.84 per share. The company is trading at a volume of 673,127 shares. This is more trading activity than there was yesterday.

Increasing 2.9%, Alliance Holdings GP (Nasdaq:AHGP) is trading at $45.99 per share. So far today, the company's volume is 10,557 shares, 0.3 times its current daily average.

Rosetta Resources (Nasdaq:ROSE) has fallen 2.5% and is currently trading at $44.89 per share. The company is currently trading a volume of 275,803 shares.

Rising 2.5%, Alliance Resource Partners (Nasdaq:ARLP) is currently trading at $56.50 per share. So far today, the company's volume is 39,324 shares, 0.3 times the average volume over the last three months.

EV Energy Partners (Nasdaq:EVEP) has risen 2.3% to hit a current price of $61.30 per share. So far today, 129,857 shares of the company's stock have changed hands. Yesterday, volume was only 84,504 shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. 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.

comments powered by Disqus

Trading Center