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ru24.net
World News in Dutch
Май
2016

S&P 500 Energy Stocks Post First-Quarter Loss

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The first-quarter earnings season is almost over, and it's one most investors would like to forget. But by far the most notable feature: The energy sector has recorded its first year-over-year quarterly loss in the 17 years that Standard and Poor's has tracked data for the sector.

Overall, S&P energy companies have reported an average decline of 35 cents per share, down nearly 107 percent from the same quarter last year, according to S&P Global Market Intelligence. 




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