Monday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks
Monday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.8%.
Helping drag down the group were shares of Transglobe Energy, down about 8.8% and shares of Centennial Resource Development off about 8.2% on the day.
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.8%.
Helping drag down the group were shares of Transglobe Energy, down about 8.8% and shares of Centennial Resource Development off about 8.2% on the day.
Also lagging the market Monday are shipping shares, down on the day by about 3.7% as a group, led down by Genco Shipping & Trading, trading lower by about 8% and Eagle Bulk Shipping, trading lower by about 7.8%.
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