5 Energy Stocks Getting Absolutely Crushed: DVN, NBL, ESV, HOC, BRY

Through most of the trading day on Thursday, September 22, 2011, these stocks are bringing down the Energy (NYSE:XLE) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Devon Energy Corporation (NYSE:DVN) is among the price losers in the sector as its stock price is $56.80, down $4.94 (-7.8%) from the previous close of $61.61. Devon Energy Corporation explores, develops and transports oil, gas, and NGLs.

Stock Price Performance: From July 26, 2011, to September 21, 2011, the stock price had fallen $20.96 (-25.4%) from $82.57 to $61.61. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 8, 2010 when shares rose for 10 straight trading days, rising 10.8% (+$6.91). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 10.7% (-$8.98).

Noble Energy, Inc. (NYSE:NBL) is among the price losers in the sector. Its shares are trading at $70.84, which is $6.52 (-8.1%) below the previous close of $77.09. Noble Energy is an independent energy company that acquires and produces crude oil, natural gas and natural gas liquids.

Stock Price Performance: From July 25, 2011, to September 20, 2011, the stock price had fallen $16.06 (-16.5%) from $97.41 to $81.35. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven straight trading days, rising 7% (+$5.97). It saw one of its worst periods between December 29, 2010 and January 6, 2011 when shares fell for seven straight trading days, falling 5.2% (-$4.50).

Ensco plc (NYSE:ESV) is one of the sector losers in price. Its shares are trading at $42.63, down $3.64 (-7.7%) from the previous close of $46.19. Ensco PLC provides of offshore contract drilling services to the international oil and gas industry.

Stock Price Performance: From August 22, 2011, to September 20, 2011, the stock price had risen $6.23 (15%) from $41.52 to $47.75. The stock price saw one of its best stretches over the last year between August 25, 2011 and September 1, 2011 when shares rose for six straight trading days, rising 12.2% (+$5.26). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 24.3% (-$12.85).

Holly Corporation (NYSE:HOC) is among the price losers in the sector as its stock price is $27.01, down $2.63 (-8.9%) from the previous close of $29.64. Holly Corp is mainly an independent petroleum refiner which produces high value light products such as gasoline, diesel fuel and jet fuel.

Stock Price Performance: From May 4, 2011, to June 30, 2011, the stock price had risen $17.30 (33.2%) from $52.10 to $69.40. The stock price saw one of its best stretches over the last year between January 25, 2011 and February 8, 2011 when shares rose for 11 straight trading days, rising 30.7% (+$12.98). It saw one of its worst periods between April 5, 2011 and April 12, 2011 when shares fell for six straight trading days, falling 10.6% (-$6.86).

Berry Petroleum Co. (NYSE:BRY) is one of the sector losers in price. Its shares are trading at $39.77, down $4.19 (-9%) from the previous close of $43.71. Berry Petroleum Company is an independent energy company engaged in the production, development, acquisition, exploitation of and exploration for, crude oil and natural gas.

Stock Price Performance: From July 25, 2011, to September 20, 2011, the stock price had fallen $13.74 (-22.8%) from $60.14 to $46.40. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 14, 2010 when shares rose for 11 straight trading days, rising 13% (+$4.94). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 10.1% (-$5.27).

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