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March 6, 2020, 12:05 p.m. EST

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

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Mar 06, 2020 (MarketNewsVideo.com via COMTEX) --

In trading on Friday, oil & gas exploration & production shares were relative laggards, down on the day by about 8.2%. Helping drag down the group were shares of SM Energy, off about 23.3% and shares of Oasis Petroleum down about 21.3% on the day.

Also lagging the market Friday are oil & gas equipment & services shares, down on the day by about 6.5% as a group, led down by Nextier Oilfield Solutions, trading lower by about 18.8% and Propetro Holding, trading lower by about 17.7%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20200320200306leaderslagSM&mv=1 .


Copyright 2020 MarketNewsVideo.com

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