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Tickers in this Article: CVI, HES, CLR, IOC, CXO, APC, NBL
The Nasdaq has declined 0.8%, the S&P 500 has decreased 1.5% and the Dow is down 1.8%, marking a bad morning for the market.

The Oil and Gas Operations sector (DIG) is down 5.1%, underperforming the market overall. The current biggest movers in the sector are:
CompanyMarket CapPercentage Change
CVR Energy (NYSE:CVI)$3.26 billion-6%
Hess (NYSE:HES)$18.62 billion-4.1%
Continental Resources (NYSE:CLR)$13.54 billion-4.1%
InterOil Corporation (NYSE:IOC)$3.2 billion-3.7%
Concho Resources (NYSE:CXO)$9.36 billion-3.6%
Anadarko (NYSE:APC)$34.59 billion-3.3%
Noble Energy (NYSE:NBL)$16.76 billion-3.1%
Broker Summary: TD Ameritrade Thinkorswim

Slipping 6%, CVR Energy (NYSE:CVI) is currently trading at $35.30 per share. So far today, the company's volume is 129,687 shares. This is 0.6 times its current three-month average.

Hess (NYSE:HES) is down 4.1% to reach $52.26 per share. At 3.3 million shares, the company's volume so far today is 1.2 times the average daily volume.

Continental Resources (NYSE:CLR) is trading at $71.66 per share, down 4.1%. This morning, the company is trading a volume of 871,996 shares.

Currently trading at $63.81 per share, InterOil Corporation (NYSE:IOC) has fallen 3.7%. The company's volume is currently 426,463 shares for the day, which is likely to result in less activity than yesterday's volume of 1.2 million shares.

At $86.36, Concho Resources (NYSE:CXO) has slipped 3.6%. So far today, 467,328 shares have changed hands. This is 0.6 times the current three-month average.

Falling 3.3%, Anadarko (NYSE:APC) is currently at a share price of $66.97. At 2.2 million shares, the company's volume so far today is 0.8 times the current daily average.

Noble Energy (NYSE:NBL) is currently trading at a share price of $91.39, a 3.1% decline. So far today, 302,457 shares have changed hands.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. 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.

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