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 2.6%. Helping drag down the group were shares of Roan Resources (ROAN), off about 13.2% and shares of Midstates Petroleum Company (MPO) down about 6.6% 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 Superior Energy Services (SPN), trading lower by about 11.7% and Noble Corporation (NE), trading lower by about 10.7%.
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