5 Stocks on the Rise in the Energy Sector: CVE, MRO, BTU, SUN, ACI

Through early trading on Wednesday, October 5, 2011, these stocks are helping the Energy (NYSE:XLE) sector today. 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.

Cenovus Energy, Inc. (NYSE:CVE) is one of the top price gainers. Its stock price is $30.11, which is $1.24 (+4.3%) above the previous close of $28.87. Cenovus Energy operates in oil projects and natural gas and crude oil production in Alberta and Saskatchewan. It also has oil projects in Foster Creek, Christina Lake, and Pelican Lake in northeast Alberta, and Weyburn in Saskatchewan.

Stock Price Performance: From July 8, 2011, to October 3, 2011, the stock price had fallen $8.39 (-22.2%) from $37.83 to $29.44. The stock price saw one of its best stretches over the last year between December 17, 2010 and December 29, 2010 when shares rose for eight straight trading days, rising 7.1% (+$2.16). It saw one of its worst periods between October 13, 2010 and October 22, 2010 when shares fell for eight straight trading days, falling 6.1% (-$1.78).

Marathon Oil Corporation (NYSE:MRO) is among the top price gainers in the sector. Its shares are trading at $22.00, up 91 cents (+4.3%) from the previous close of $21.09. Marathon Oil is an oil and natural gas exploration and production company with operations in North America, Africa, and Europe.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $10.74 (-33.7%) from $31.83 to $21.09. The stock price saw one of its best stretches over the last year between January 5, 2011 and January 13, 2011 when shares rose for seven straight trading days, rising 15.1% (+$3.37). It saw one of its worst periods between July 25, 2011 and August 4, 2011 when shares fell for nine straight trading days, falling 22.7% (-$7.34).

Peabody Energy Corporation (NYSE:BTU) is among the sector price gainers, as its shares are trading at $35.34, up $1.72 (+5.1%) from the previous close of $33.62. Peabody Energy mines steam coal for sale mainly to electric utilities and metallurgical coal for sale to industrial customers.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $24.13 (-41.8%) from $57.75 to $33.62. The stock price saw one of its best stretches over the last year between August 22, 2011 and August 31, 2011 when shares rose for eight straight trading days, rising 17.2% (+$7.16). It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven straight trading days, falling 22.4% (-$10.61).

Sunoco Inc. (NYSE:SUN) is among the top price gainers in the sector. Its shares are trading at $32.67, up $1.25 (+4%) from the previous close of $31.42. Sunoco, through its subsidiaries, is a petroleum refiner and marketer and chemicals manufacturer.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $10.40 (-24.9%) from $41.82 to $31.42. The stock price saw one of its best stretches over the last year between January 20, 2011 and January 28, 2011 when shares rose for seven straight trading days, rising 7.1% (+$2.85). It saw one of its worst periods between July 21, 2011 and August 8, 2011 when shares fell for 13 straight trading days, falling 29.9% (-$12.77).

Arch Coal Inc (NYSE:ACI) is among the sector price gainers, as its shares are trading at $15.59, up $1.10 (+7.6%) from the previous close of $14.49. Arch Coal is a coal producer in the United States, that sells coal to power plants, steel mills, and industrial facilities.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $10.81 (-42.7%) from $25.30 to $14.49. The stock price saw one of its best stretches over the last year between October 29, 2010 and November 8, 2010 when shares rose for seven straight trading days, rising 20.4% (+$4.94). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 25.7% (-$7.32).

 

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