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Oil & Gas Stocks Hit On New Gulf Rig Explosion

September 2, 2010 11:36 AM EDT
Oil & Gas related stocks took a hit on reports that a rig owned by Mariner Energy, Inc. (NYSE: ME) exploded in the Gulf of Mexico. The stocks are now off the lows.

Mariner Energy, Inc. (NYSE: ME) -5%
Apache Corp. (NYSE: APA) -1.8% (In deal to acquire ME)
Noble Corp. (NYSE: NE) - 1.5%
Nabors Industries Ltd. (NYSE: NBR) -1.2%
Diamond Offshore Drilling Inc. (NYSE: DO) -1.1%
Baker Hughes Incorporated (NYSE: BHI) -1%
Oil Services HOLDRs (NYSE: OIH) -0.1%


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Mariner Energy/Apache