5 Stocks Moving Up This Morning

Through early trading on Thursday, September 1, 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 among the top price gainers in the sector. Its shares are trading at $36.88, up 80 cents (+2.2%) from the previous close of $36.08. 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 August 25, 2011, to August 31, 2011, the stock price had risen $2.48 (7.4%) from $33.60 to $36.08. 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% (+$2.17). 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% (-$1.80).

Chesapeake Energy Corporation (NYSE:CHK) is among the sector price gainers, as its shares are trading at $33.45, up $1.06 (+3.3%) from the previous close of $32.39. Chesapeake Energy Corp. is a company that explores and develops properties for the production of crude oil and natural gas from underground reservoirs.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen $2.84 (9.6%) from $29.55 to $32.39. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 12, 2011 when shares rose for seven straight trading days, rising 6.4% (+$1.66). It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six straight trading days, falling 8% (-$2.52).

EQT Corporation (NYSE:EQT) is among the top price gainers in the sector. Its shares are trading at $60.93, up $1.11 (+1.9%) from the previous close of $59.82. EQT Corporation offers energy products including natural gas, NGLs and a limited amount of crude oil and services to wholesale and retail customers in the United States.

Stock Price Performance: From June 7, 2011, to August 31, 2011, the stock price had risen $8.49 (16.5%) from $51.33 to $59.82. The stock price saw one of its best stretches over the last year between January 6, 2011 and January 18, 2011 when shares rose for eight straight trading days, rising 3.7% (+$1.68). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 24.4% (-$15.58).

Cabot Oil & Gas Corporation (NYSE:COG) is among the sector price gainers, as its shares are trading at $77.49, up $1.63 (+2.1%) from the previous close of $75.86. Cabot Oil & Gas Corporation is an independent company engaged in the development, exploitation and exploration of oil and gas properties in North America.

Stock Price Performance: From June 7, 2011, to August 31, 2011, the stock price had risen $19.98 (35.8%) from $55.88 to $75.86. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 11, 2010 when shares rose for 11 straight trading days, rising 24.9% (+$7.01). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 21.2% (-$15.96).

SM Energy Company (NYSE:SM) is among the top price gainers in the sector. Its shares are trading at $77.66, up $1.16 (+1.5%) from the previous close of $76.50. 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 7, 2011, to August 31, 2011, the stock price had risen $9.04 (13.4%) from $67.46 to $76.50. 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).