Markets

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

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Shutterstock photo

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In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.6%. Helping drag down the group were shares of Contango Oil & Gas ( MCF ), off about 9.7% and shares of Pacific Drilling ( PACD ) down about 8.8% on the day.

Also lagging the market Monday are oil & gas equipment & services shares, down on the day by about 2.5% as a group, led down by Tidewater ( TDW ), trading lower by about 11.2% and Enbridge Energy Partners ( EEP ), trading lower by about 10.6%.

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

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


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

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