When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
2019 has been yet another challenging year for oil & gas companies, with S&P Oil & Gas Exploration & Production ETF (XOP) down -9% year-to-date and an astonishing -70% from its peak in 2014, which is a stark contrast to major equity indices breaking to ever higher highs. From a long-term perspective, XOP is now teetering around the all-time low made in 2009:
Falling natural gas prices (UNG) amid rising inventories has certainly been weighing on XOP. Crude oil (USO) recently breaking above $60 has done little to dampen