Discover the 3 highest volume stocks amid yesterday's market sell-off

Take a look at the following energy stocks: Magellan Midstream Partners, L.P., HollyFrontier Corp, Cabot Oil & Gas Corp and others showed higher volumes than usual.

A quick recap of where the last trading session ended: Leading equity indices in the US declined as S&P 500 was down 1.12% before closing the session at 4,145.58. Nasdaq lost 1.26% and ended the session at 12,560.

Why Trading Volume Matters

Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.

Though trading was down yesterday, some energy stocks reached high volumes. Here is an update.

Magellan Midstream Partners | 124% slightly greater than rolling average

Without a clear direction, Magellan Midstream Partners, L.P. closed at $62.15 while ranging between $62.05 and $63.

Trading volume peaked at 2.69 million shares yesterday, thereby obliterating the daily average of 2.17 million by 124%.

HollyFrontier | 119% slightly greater than rolling average

Yesterday's trading volume peaked at 4.78 million shares, thereby blitzing the daily average of 4 million by 119%.

Cabot Oil & Gas Corp | 219% above rolling average

Cabot Oil & Gas Corp moves 0% to close at $22.25 yesterday.

Trading volume peaked at 18.76 million shares yesterday, thereby obliterating the daily average of 8.56 million by 219%.

— Average trading volume refers to a 21-day rolling average.