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Friday, May 24, 2024

Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services

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Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.6%.

Helping drag down the group were shares of MV Oil Trust, off about 16.3% and shares of SilverBow Resources down about 9.5% on the day.

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.6%.

Helping drag down the group were shares of MV Oil Trust, off about 16.3% and shares of SilverBow Resources down about 9.5% on the day.

Also lagging the market Monday are oil & gas equipment & services shares, down on the day by about 4% as a group, led down by Summit Midstream Partners, trading lower by about 12.5% and PyroGenesis Canada, trading lower by about 9.5%.

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