The oil equipment group has lagged behind its exploration and production counterparts this year. The ETF is down 7% year to date and 17% over the past year, while the SPDR S&P Oil and Gas Exploration and Production ETF has declined just 2% and 6% over the same time frames. The comparison chart below reveals how the equipment group has consistently underperformed since last year’s election.
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3 Oil Equipment Stocks Set to Drill Higher
Published 2 months ago
Aug 25, 2025 at 8:23 PM
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