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Thursday, April 25, 2024

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

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

In trading on Monday, oil & gas equipment & services shares were relative laggards, down on the day by about 2.4%.

Helping drag down the group were shares of Dynagas, off about 14.6% and shares of TISI off about 11.2% on the day.

In trading on Monday, oil & gas equipment & services shares were relative laggards, down on the day by about 2.4%.

Helping drag down the group were shares of Dynagas, off about 14.6% and shares of TISI off about 11.2% on the day.

Also lagging the market Monday are oil & gas exploration & production shares, down on the day by about 2.3% as a group, led down by Nextdecade, trading lower by about 18% and Torchlight Energy Resources, trading lower by about 10.7%.

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