Markets

Wednesday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks

In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.2%. Helping drag down the group were shares of Breitburn Energy Partners ( BBEP ), down about 24.9% and shares of Atlas Resource Partners ( ARP ) down about 17.1% on the day.

Also lagging the market Wednesday are shipping shares, down on the day by about 3.6% as a group, led down by Ultrapetrol Bahamas ( ULTR ), trading lower by about 18.4% and Golden Ocean Group ( GOGL ), trading lower by about 11%.

VIDEO: Wednesday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks

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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