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Saturday, April 27, 2024

Monday Sector Laggards: Oil & Gas Exploration & Production, Airlines

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Monday Sector Laggards: Oil & Gas Exploration & Production, Airlines
Monday Sector Laggards: Oil & Gas Exploration & Production, Airlines

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.3%.

Helping drag down the group were shares of Callon Petroleum (CPE), off about 11.9% and shares of Oasis Midstream Partners (OMP) off about 9.6% on the day.

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.3%.

Helping drag down the group were shares of Callon Petroleum (CPE), off about 11.9% and shares of Oasis Midstream Partners (OMP) off about 9.6% on the day.

Also lagging the market Monday are airlines shares, down on the day by about 2% as a group, led down by Hawaiian Holdings (HA), trading lower by about 5% and Spirit Airlines (SAVE), trading lower by about 3.8%.

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