Wednesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 7.6%.
Helping drag down the group were shares of Nabors Industries, off about 22.9% and shares of Oasis Petroleum off about 20.5% on the day.
In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 7.6%.
Helping drag down the group were shares of Nabors Industries, off about 22.9% and shares of Oasis Petroleum off about 20.5% on the day.
Also lagging the market Wednesday are oil & gas equipment & services shares, down on the day by about 7.4% as a group, led down by KLX Energy Services Holdings, trading lower by about 21% and Forum Energy Technologies, trading lower by about 17%.
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