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Thursday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks

BNK Invest

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⚡ Quantum Brief

Oil and gas exploration stocks surged 3.2% on Thursday, outperforming broader markets, with Seadrill leading at a 39.8% gain and VAALCO Energy rising 18.5%. Refining and marketing stocks also climbed 1.8%, driven by PBF Energy (up 5.3%) and Delek US Holdings (up 4.8%), signaling sector-wide strength. The gains reflect renewed investor confidence in energy equities, possibly tied to geopolitical tensions or supply chain shifts, though the article doesn’t specify catalysts. Notable outliers included Seadrill’s near-40% jump, suggesting company-specific news or short-covering may have amplified its rally. The report, published in May 2018 but resurfaced in March 2026, lacks updated context, raising questions about its relevance to current market conditions.

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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Markets EGY Thursday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks Credit: Shutterstock photo May 17, 2018 — 12:05 pm EDT Written by DividendChannel.com-> Shutterstock photo In trading on Thursday, oil & gas exploration & production shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Seadrill, up about 39.8% and shares of VAALCO Energy, up about 18.5% on the day.Also showing relative strength are oil & gas refining & marketing shares, up on the day by about 1.8% as a group, led by PBF Energy, trading higher by about 5.3% and Delek US Holdings, trading higher by about 4.8% on Thursday. VIDEO: Thursday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing StocksThe 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.

Tags Markets DividendChannel.com Contributor More articles by this author-> Stocks mentioned EGY PBF DK SDRL More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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Source: Nasdaq

Website: https://www.nasdaq.com/feed/rssoutbound?category=Stocks

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