Investors are Buying These Coal and Natural Gas Stocks in the Energy Sector Now

Through early trading, coal 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.

Arch Coal Inc (NYSE:ACI) is among the sector price gainers, as its shares are trading at $20.16, up 57 cents (+2.9%) from the previous close of $19.59. Arch Coal, Inc. is a coal producer in the United States, which sells coal to power plants, steel mills and industrial facilities.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $7.01 (-26.7%) from $26.22 to $19.21. 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).

Peabody Energy Corporation (NYSE:BTU) is among the sector price gainers, as its shares are trading at $47.34, up $1.25 (+2.7%) from the previous close of $46.09. Peabody Energy Corporation mines steam coal for sale mainly to electric utilities and metallurgical coal for sale to industrial customers.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $13.70 (-22.9%) from $59.81 to $46.11. 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 July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.9% (-$15.42).

Cenovus Energy, Inc. (NYSE:CVE) is among the top price gainers in the sector. Its shares are trading at $34.41, up $1.16 (+3.5%) from the previous close of $33.26. Cenovus Energy Inc 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 19, 2011, to September 14, 2011, the stock price had fallen $5.79 (-14.8%) from $39.05 to $33.26. 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).

SM Energy Company (NYSE:SM) is among the top price gainers in the sector. Its shares are trading at $78.16, up $1.64 (+2.1%) from the previous close of $76.52. SM Energy Company is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States.

Stock Price Performance: From June 20, 2011, to September 14, 2011, the stock price had risen $13.55 (21.5%) from $62.97 to $76.52. The stock price saw one of its best stretches over the last year between November 2, 2010 and November 11, 2010 when shares rose for eight straight trading days, rising 18.3% (+$7.73). It saw one of its worst periods between May 9, 2011 and May 17, 2011 when shares fell for seven straight trading days, falling 8.1% (-$5.50).

EXCO Resources, Inc. (NYSE:XCO) is among the top price gainers in the sector. Its shares are trading at $12.97, up 36 cents (+2.9%) from the previous close of $12.61. EXCO Resources, Inc. is an independent oil and natural gas company, which is engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.

Stock Price Performance: From June 16, 2011, to September 12, 2011, the stock price had fallen $6.51 (-34.8%) from $18.69 to $12.18. The stock price saw one of its best stretches over the last year between March 23, 2011 and April 1, 2011 when shares rose for eight straight trading days, rising 2.6% (+52 cents). It saw one of its worst periods between May 25, 2011 and June 6, 2011 when shares fell for eight straight trading days, falling 9% (-$1.81).

 

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