why does this happen
Ah, the downward movement has been for almost a week....so when Oil goes down, PWE goes down but when Oil is UP, still down? Doesn't seem like a winning situation to me..
People on WS are already fretting about the next recession brought by high oil prices. PWE is not the only O&G stock down today.
Didn't you know that the P in PWE stands for PERPLEXING?