Pritchard Capital Provides Color on Oil Sector

Pritchard Capital provided color on the oil sector. In a research report published today, Pritchard Capital states, “The Oil Service Index (OSX-248.73) retreated 0.7% last week to underperform the S&P 500 (1,268.45) by 46 basis points. The top performers were the geotechnology names as the group advanced 3% on the 4% gain posted in shares of Dawson Geophysical (DWSN-$31.35).” On Friday, Dawson Geophysical DWSN lost 2.73% of its value to close the week at $31.35.