3 Stocks Pushing The Energy Industry Lower

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The Energy industry as a whole closed the day up 0.2% versus the S&P 500, which was down 0.3%. Laggards within the Energy industry included Tengasco ( TGC), down 2.1%, Saratoga Resources ( SARA), down 3.2%, Samson Oil & Gas ( SSN), down 2.6%, ZaZa Energy ( ZAZA), down 7.8% and GeoPark ( GPRK), down 2.2%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

ZaZa Energy ( ZAZA) is one of the companies that pushed the Energy industry lower today. ZaZa Energy was down $0.30 (7.8%) to $3.57 on average volume. Throughout the day, 51,347 shares of ZaZa Energy exchanged hands as compared to its average daily volume of 37,200 shares. The stock ranged in price between $3.50-$3.94 after having opened the day at $3.92 as compared to the previous trading day's close of $3.87.

ZaZa Energy has a market cap of $48.5 million and is part of the basic materials sector. Shares are down 59.5% year-to-date as of the close of trading on Friday.

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