There has been little movement in the market so far this morning. The Nasdaq is unchanged; the S&P 500 has moved little; and the Dow has been relatively flat. 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) has risen 0.7% despite little change in the market overall. Currently, the biggest movers in the sector are:

Company Market Cap Percentage Change
Transocean (NYSE:RIG) $16.62 billion +3.3%
HollyFrontier (NYSE:HFC) $9.47 billion -3%
SM (NYSE:SM) $3.61 billion +2.8%
Alliance Resource Partners (Nasdaq:ARLP) $2.23 billion +2.6%
Cabot Oil & Gas (NYSE:COG) $10.35 billion +2.5%
Pioneer Natural Res (NYSE:PXD) $13.52 billion +2.5%
Diamondback Energy (Nasdaq:FANG) $711.6 million -2.3%

Beginner's Guide To Thinkorswim Trading Platform

Transocean (NYSE:RIG) is up 3.3% to reach a current price of $47.75 per share. This morning, the company is trading a volume of 1.7 million shares.

Slipping 3%, HollyFrontier (NYSE:HFC) is currently trading at $45.19 per share. At 1.4 million shares, the company's volume so far today is 0.7 times its current daily average.

SM (NYSE:SM) has risen 2.8% and is currently trading at $56.15 per share. The company's volume is currently 309,361 shares. This is a sign that there will be less trading activity than there was yesterday.

Increasing 2.6%, Alliance Resource Partners (Nasdaq:ARLP) is trading at $62.03 per share. So far today, the company's volume is 31,460 shares, 0.2 times the average volume over the last three months.

Cabot Oil & Gas (NYSE:COG) has moved up 2.5% and is currently trading at $50.48 per share. The company is currently trading a volume of 915,157 shares.

Pioneer Natural Res (NYSE:PXD) has increased to a share price of $112.53, a 2.5% rise. So far today, the company's volume is 416,847 shares, consistent with its current daily average.

Diamondback Energy (Nasdaq:FANG) is down 2.3% to reach $18.79 per share. So far today, 34,179 shares of the company's stock have changed hands. At this rate, trading activity will likely be down from yesterday when 189,639 shares 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. 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.

Related Articles
  1. Stock Analysis

    Analyzing Altria's Return on Equity (ROE) (MO)

    Learn about Altria Group's return on equity (ROE) and analyze net profit margin, asset turnover and financial leverage to determine what is causing its high ROE.
  2. Investing News

    Icahn's Bet on Cheniere Energy: Should You Follow?

    Investing legend Carl Icahn continues to lose money on Cheniere Energy, but he's increasing his stake. Should you follow his lead?
  3. Stock Analysis

    Analyzing Google's Return on Equity (ROE) (GOOGL)

    Learn about Alphabet's return on equity. How has its ROE changed over time, how does it compare to its peers and what factors are driving ROE for the company?
  4. Investing News

    Is Buffett's Bet on Oil Right for You? (XOM, PSX)

    Oil stocks are getting trounced, but Warren Buffett still likes one of them. Should you follow the leader?
  5. Investing News

    Chipotle Served with Criminal Probe

    Chipotle's beat muted expectations and got a clear bill from the CDC, but it now appears that an investigation into its E.coli breakout has expanded.
  6. Stock Analysis

    Analyzing Sprint Corp's Return on Equity (ROE) (S)

    Learn about Sprint's return on equity. Find out why its ROE is negative and how asset turnover and financial leverage impact ROE relative to Sprint's peers.
  7. Stock Analysis

    Why Alphabet is the Best of the 'FANGs' for 2016

    Alphabet just impressed the street, but is it the best FANG stock?
  8. Budgeting

    Plated Review, Is It Worth It?

    Take a closer look at the ready-to-cook meal service, Plated, and learn how the company can help you take the hassle out of home cooking.
  9. Investing News

    How China's Economy is Now Like America's

    China's economy could take the global economy down with it; why that might be good news in the grand scheme.
  10. Investing News

    A 2016 Outlook: What January 2009 Can Teach Us

    January 2009 and January 2016 were similar from an investment standpoint, but from a forward-looking perspective, they were very different.
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>
Trading Center