Markets

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

In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 8.2%. Leading the group were shares of Memorial Production Partners LP ( MEMP ), up about 41.4% and shares of Linn Energy LLC ( LINE ) up about 30.2% on the day.

Also showing relative strength are shipping shares, up on the day by about 6.7% as a group, led by Dryships ( DRYS ), trading higher by about 49.1% and Navios Maritime Holdings ( NM ), trading up by about 16.2% on Wednesday.

VIDEO: Wednesday Sector Leaders: 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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