According to the ETF Finder at ETF Channel, DO and MCHP collectively make up 10.90% of the Vanguard Mid-Cap ETF (VO) which is relatively unchanged on the day Thursday.
Industry followers continue to see M&A as a way to fuel a turnaround for the beaten down space, and are now looking for first movers with oil above $50.
McDermott is the one winner in the oil-services sector, the charts show.
All the major market benchmarks fell on Tuesday, but a few stocks posted even bigger declines. Should investors make changes to their positions as a result?
Oil prices were boosted today following a larger-than-expected decrease in U.S. crude supplies.