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Saturday, 20 April 2024

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

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

In trading on Friday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.2%.

Helping drag down the group were shares of Pacific Drilling, down about 9.4% and shares of Centennial Resource Development down about 8.8% on the day.

In trading on Friday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.2%.

Helping drag down the group were shares of Pacific Drilling, down about 9.4% and shares of Centennial Resource Development down about 8.8% on the day.

Also lagging the market Friday are oil & gas equipment & services shares, down on the day by about 2.1% as a group, led down by FTS International, trading lower by about 9.8% and Tetra Technologies, trading lower by about 7%.

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