Energy Stocks Getting Drop Kicked Now

These stocks are dragging down 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.

Murphy Oil Corporation (NYSE:MUR) is among the price losers in the market today. Its shares are trading at $50.60, which is 78 cents (-2.2%) below the previous close of $51.71. Murphy Oil Corporation is an oil and gas exploration and production company with refining and marketing operations in the U.S. and the United Kingdom.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $16.15 (-24.2%) from $66.63 to $50.48. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 5, 2011 when shares rose for six-straight days, rising 6.6% (+$4.12) over that span. It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven-straight days, falling 21.4% (-$13.74) over that span.

Schlumberger Limited (NYSE:SLB) is one of the market losers in price today. Its shares are trading at $76.30, down $1.33 (-1.7%) from a previous close of $77.63. Schlumberger Limited is a global oilfield services company. Through its subsidiaries, it supplies technology, integrated project management, and information solutions to consumers in the oil and gas industry.

Stock Price Performance: During August 3, 2011 to August 9, 2011, the stock price had dropped $9.56 (-11%) from $87.19 to $77.63. 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 days, rising 20% (+$12.55) over that span. It saw one of its worst periods between July 25, 2011 and August 4, 2011 when shares fell for nine-straight days, falling 14.7% (-$13.91) over that span.

National Oilwell Varco, Inc.  (NYSE:NOV) stocks are trading at $65.46. This is 47 cents (-1.4%) below the previous close of $66.39, making the company one of the biggest price losers in the market today. National Oilwell Varco, Inc. provides equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services.

Stock Price Performance: During August 3, 2011 to August 9, 2011, the stock price had dropped $11.19 (-14.4%) from $77.58 to $66.39. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 15.5% (+$10.85) over that span. It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight-straight days, falling 25.8% (-$20.99) over that span.

Anadarko Petroleum Corporation (NYSE:APC) is among the price losers in the market today as its stock price is $67.38, down 56 cents (-1.3%) from a previous close of $68.26. Anadarko Petroleum Corp. is engaged in the exploration and production of oil and natural gas.

Stock Price Performance: During August 3, 2011 to August 9, 2011, the stock price had dropped $12.03 (-15%) from $80.29 to $68.26. 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 days, rising 13.1% (+$8.86) over that span. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six-straight days, falling 22.6% (-$18.74) over that span.

Shares of Baker Hughes Inc. (NYSE:BHI) are trading at $60.07, down 26 cents (-1.2%) from a previous close of $60.79. Baker Hughes Inc. provides products and services for the drilling and evaluation of oil and gas wells as well as fluids and chemicals and reservoir technology.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $11.49 (-15.9%) from $72.28 to $60.79. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 12.1% (+$8.09) over that span. It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight-straight days, falling 26.2% (-$20.43) over that span.