Value of Midland-based Oil, Gas and Coal company Mexco Energy Corp. (MXC:ASQ) fell 41.6% in week ending Oct. 15

0Comments

Value in Oil, Gas and Coal stocks fell 3.1 percent in the week ending Oct. 15 from the previous week.

The strongest performing Oil, Gas and Coal company in Texas was Nextier Oilfield Solutions Inc. (NEX:NYQ), sitting 218,731,000 percent higher to sell at $9.38.

Mesa Royalty Trust (MTR:NYQ) fared the worst among Texas companies, suffering a 93 percent drop to $17.99.

Among Midland companies, ProPetro Holding Corp. (PUMP:NYQ) saw the highest rise in value of 458,636 percent in the week ending Oct. 15.

The Life Insurance industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Travel and Leisure was the worst-performing industry.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market industries in week ending Oct. 15

Industry Percentage Change Highest Positive Change Largest Negative Change
Life Insurance 6.5% 226,592,565.8% -85.2%
Beverages 5% 18,823,083.3% -89.1%
Food Producers 4.7% 179,820,718.4% -75.1%
Investment Banking and Brokerage Services 3.9% 239,131,027.9% -99.5%
Tobacco 2.6% 11,693,434.8% -67.3%
Banks 2.1% 1,639,836,432.5% -99.8%
Personal Care, Drug and Grocery Stores 2% 141,525,312.9% -87.8%
Real Estate Investment and Services 1.9% 1,543,959.4% -99.9%
Leisure Goods 1.1% 14,211,272% -73.1%
Non-life Insurance 0.9% 142,518,697% -89.6%
Mortgage Real Estate Investment Trusts 0.8% 27,684,447.4% -80%
Industrial Transportation 0.4% 195,004,456.8% -70.3%
Gas, Water and Multi-utilities 0.3% 870,535.4% -90.6%
Retailers 0.2% 19,242,376.9% -91%
Electronic and Electrical Equipment -0.2% 339,480.1% -94.9%
Industrial Materials -0.2% 14,838,741.3% -16.1%
Open End and Miscellaneous Investment Vehicles -0.3% 8,207,900% -99.9%
Real Estate Investment Trusts -0.4% 222,147,369.1% -70.7%
Media -0.7% 152,851,569.5% -87.8%
Industrial Engineering -0.8% 75,012,411.3% -99.2%
General Industrials -0.8% 142,771,955.6% -91.6%
Consumer Services -0.9% 62,878,583.4% -77.8%
Pharmaceuticals and Biotechnology -1.3% 564,055,408.8% -97.1%
Automobiles and Parts -1.3% 5,371,182.6% -50.7%
Waste and Disposal Services -1.4% 26,628,004.9% -99.4%
Industrial Support Services -1.5% 606,189,913% -95.2%
Chemicals -1.6% 39,305,148.6% -95.9%
Health Care Providers -1.6% 215,817,390.5% -95.9%
Electricity -2.1% 64,206,636.4% -53.5%
Closed End Investments -2.2% 2,724,772.7% -98.5%
Personal Goods -2.6% 707,185,788.7% -75%
Aerospace and Defense -2.9% 51,151,344.3% -92.7%
Finance and Credit Services -2.9% 29,203,338.4% -91.1%
Telecommunications Service Providers -3% 237,373,034.3% -95.6%
Oil, Gas and Coal -3.1% 218,730,919.5% -93%
Medical Equipment and Services -3.5% 26,911,731% -95.9%
Precious Metals and Mining -3.7% 1,306,263.8% -75.6%
Technology Hardware and Equipment -4.1% 3,672,510.3% -95%
Household Goods and Home Construction -4.5% 82,290,827.1% -92.6%
Telecommunications Equipment -6.3% 102,997,855.2% -91.6%
Industrial Metals and Mining -6.4% 142,309,536.1% -97.8%
Software and Computer Services -7.3% 70,494,017.7% -99%
Construction and Materials -7.9% 137,402,699.2% -80.2%
Alternative Energy -10% 53,943,750.8% -84.3%
Travel and Leisure -12.3% 7,807,192.6% -93.3%


Related

Laura V. Swett, Chairman of Federal Energy Regulatory Commission (FERC)

Lowest premium gas price in Andrews County available at $4.45 per gallon in week ending May 30

The cheapest reported price for a gallon of premium gas in Andrews County came in at $4.45 during the week ending May 30.

Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC)

Where could drivers find the cheapest gas in cities within Crane County in week ending May 30?

The cheapest reported price for a gallon of midgrade gas in Crane County came in at $4.32 during the week ending May 30.

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

Lowest regular gas price in Andrews County hits $3.65 for week ending May 30

In Andrews County, the week’s lowest regular gas price was $3.65 per gallon as of the week ending May 30.