10-08-2014, 10:40 PM
From this article:
(Source: Zeits Energy Analytics, October 2014)
The first important conclusion from this comparison is that the correction in the Oil & Gas Sector has not been driven by the overall decline in the market. The S&P 500 index, in fact, posted a minor gain since the end of June, whereas typical declines among Oil & Gas stocks ranged in the 14%-35% range.
