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

Video Credit: Market News Video
Published on July 22, 2020 - Duration: 01:08s

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 2.5%.

Helping drag down the group were shares of Tellurian, off about 26.9% and shares of SM Energy down about 7.3% on the day.

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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 2.5%.

Helping drag down the group were shares of Tellurian, off about 26.9% and shares of SM Energy down about 7.3% on the day.

Also lagging the market Wednesday are oil & gas equipment & services shares, down on the day by about 2.1% as a group, led down by Oceaneering International, trading lower by about 10.2% and Propetro Holding, trading lower by about 8.6%.

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