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Thursday Sector Laggards: Rental, Leasing, & Royalty, Oil & Gas Exploration & Production Stocks


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In trading on Thursday, rental, leasing, & royalty shares were relative laggards, down on the day by about 3.5%. Helping drag down the group were shares of BP Prudhoe Bay Royalty Trust ( BPT ), off about 11.1% and shares of Permian Basin Royalty Trust ( PBT ) down about 6.7% on the day.

Also lagging the market Thursday are oil & gas exploration & production shares, down on the day by about 2.5% as a group, led down by Energy XXI ( EXXI ), trading lower by about 24.2% and Linn Company LLC ( LNCO ), trading lower by about 13.4%.

Thursday Sector Laggards: Rental, Leasing, & Royalty, Oil & Gas Exploration & Production Stocks VIDEO: Thursday Sector Laggards: Rental, Leasing, & Royalty, Oil & Gas Exploration & Production Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing
Referenced Symbols: BPT , PBT ,



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