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Why These 3 Oil Industry Stocks Popped More Than 20% in April

John Bromels, The Motley Fool
·4-min read
Why These 3 Oil Industry Stocks Popped More Than 20% in April

Shares of oilfield services companies Schlumberger (NYSE: SLB), Helmerich & Payne (NYSE: HP), and National Oilwell Varco (NYSE: NOV) rose between 24% and 29% in April, according to data from S&P Global Market Intelligence. Schlumberger saw its shares rise 24.7%, while shares of its fellow general services provider National Oilwell Varco jumped 28.6%. Meanwhile, shares of onshore oil rig operator Helmerich & Payne were up 26.3% for the month.

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