Here is how Pedevco Corp. (PED) and Saipem (SAPMF) have performed compared to their sector so far this year.
Handsome upstream activities are improving demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Kodiak Gas Services (KGS), Profire Energy (PFIE), and PEDEVCO (PED).