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Friday, April 26, 2024

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

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Wednesday Sector Leaders: Oil & Gas Exploration & Production, Shipping Stocks
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 3.9%.

Leading the group were shares of Pdc Energy, up about 8% and shares of Devon Energy up about 7.8% on the day.

In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 3.9%.

Leading the group were shares of Pdc Energy, up about 8% and shares of Devon Energy up about 7.8% on the day.

Also showing relative strength are shipping shares, up on the day by about 3.8% as a group, led by Safe Bulkers, trading higher by about 8.8% and Eagle Bulk Shipping, trading up by about 7.1% on Wednesday.

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