(CRZO - Get Report) and Contango Oil & Gas (MCF). Contango Oil was added to the S&P 600 Small Cap Index on Monday. Trading in Contango Oil was five times its average daily volume on Tuesday. Trading in Carrizo was not unusual and there was no news of note about the company. The biggest loser in the energy sector on Tuesday was, not surprisingly, one of its most speculative plays: Hercules Offshore (HERO), the drilling stock that always swings in volatile fashion with the markets. It was down 9% on Tuesday. Among the major integrated oil plays, foreign-based oil companies were leading losses on the day, no surprise with foreign markets spooking investors. Total (TOT) and BP (BP) were leading losses late on Tuesday afternoon, down 4% and 3.3% respectively. Repsol (REP) and Petrobras (PBR) were also at the top of the loser's list among oil majors. Among oil services plays, Halliburton (HAL) led losses, down 2%. Schlumberger (SLB), Weatherford International (WFT) and Baker-Hughes (BHI) were all down between 1% and 2% in trading on Tuesday. The recent stock market rally saw many stocks across many sectors hit multi-year highs. This wasn't the case for energy stocks, though, especially electricity generators in a similar space to Dynegy. On Tuesday, there were energy stocks hitting multi-year lows as a result of the market selloff. NRG Energy (NRG - Get Report) was among the energy plays from the utility sector that was at a two-year low during Tuesday trading. -- Written by Eric Rosenbaum from New York.
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