Why PBF Energy, Centennial Resource Development, and Transocean Rallied Today
What happened
Shares of onshore U.S. oil driller Centennial Resource Development(NASDAQ:CDEV) rose as much as 7% in the first 90 minutes of trading today. Going along for the ride were energy services companies Core Laboratories(NYSE:CLB) and Transocean(NYSE:RIG),…
