Energy Stocks Attracting Investor Interest After Oil Inventories Drop

The Energy Information Administration said U.S. oil inventories declined 6.7 million barrels last week. Through the early part of trading on Wednesday, September 14, 2011, these stocks are very active in the Energy (NYSE:XLE) sector.

Investing Insights: Oil ETFs: The Top 10 Exchange Traded Funds for Your Oil Investing List.

Shares of Chevron Corporation (NYSE:CVX) are among the most actively traded stocks in the market. They have a dollar volume today of $155.5 million, based on a current price of $95.43 (-61 cents) and 1.6 million shares being traded.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $9.46 (-9%) from $105.39 to $95.93. 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 7.4% (+$7.16). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 4.9% (-$5.37).

Shares of Schlumberger Limited (NYSE:SLB) have a dollar volume of $151.9 million based on a current price of $70.65(-$1.56) and 2.1 million shares traded.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $14.80 (-17%) from $86.93 to $72.13. The stock price saw one of its best stretches over the last year between October 19, 2010 and November 4, 2010 when shares rose for 13 straight trading days, rising 20.1% (+$12.52). It saw one of its worst periods between July 25, 2011 and August 4, 2011 when shares fell for nine straight trading days, falling 14.7% (-$13.86).

Shares of Apache Corporation (NYSE:APA) are among the most actively traded stocks in the market. They have a dollar volume today of $109.1 million, based on a current price of $93.13 (-34 cents) and 1.2 million shares being traded.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $24.64 (-20.6%) from $119.76 to $95.12. 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 7.3% (+$8.50). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 20.7% (-$25.68).

Shares of Anadarko Petroleum Corporation (NYSE:APC) have a dollar volume of $84.1 million based on a current price of $70.30(-$1.36) and 1.2 million shares traded.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $7.78 (-9.8%) from $79.13 to $71.35. The stock price saw one of its best stretches over the last year between December 22, 2010 and January 3, 2011 when shares rose for eight straight trading days, rising 13.1% (+$8.85). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 22.6% (-$18.71).

Shares of Halliburton Company (NYSE:HAL) are among the most actively traded stocks in the market. There are 10.9 million shares trading hands at $37.90(-$1.53), making up a dollar volume of $414.7 million.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $13.52 (-25.5%) from $53.01 to $39.49. The stock price saw one of its best stretches over the last year between April 12, 2011 and April 26, 2011 when shares rose for 10 straight trading days, rising 12.4% (+$5.60). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 8% (-$4.60).

 

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