Another red day here, despite the DOW up 70, an oil up 3.56%. That is a healthy rise for oil, yet all of the drillers I follow were down. Unfortunately, ESV performed the worst of all of them. Could be due to that downgrade on Tuesday.
ESV closed down .25 to $4.43, and was as low as $4.32. The 52-week low is $4.10. Here are the percentage drops for the oil drillers I follow:
ESV -5.34%
NE -4.99%
DO -3.45%
RIG -1%
SAEX traded in an even more narrow range today than yesterday. The high was $3.0752 and the low was $2.92. No new 52-week low was made today. It closed at $2.97, down 5 cents.