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Friday, April 26, 2024

Thursday Sector Laggards: Oil & Gas Exploration & Production, Construction Stocks

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Thursday Sector Laggards: Oil & Gas Exploration & Production, Construction Stocks
Thursday Sector Laggards: Oil & Gas Exploration & Production, Construction Stocks

In trading on Thursday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.1%.

Helping drag down the group were shares of PDC Energy, off about 15.6% and shares of SM Energy down about 8.1% on the day.

In trading on Thursday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.1%.

Helping drag down the group were shares of PDC Energy, off about 15.6% and shares of SM Energy down about 8.1% on the day.

Also lagging the market Thursday are construction shares, down on the day by about 1.1% as a group, led down by Fluor, trading lower by about 7.6% and Infrastructure and Energy Alternatives, trading lower by about 7.2%.

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