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TMCNet:  Shares of Nabors Industries Rank the Lowest in Terms of Projected Earnings Growth in the Oil & Gas Drilling Industry (NBR, PKD, HP, NE, ESV)

[October 16, 2012]

Shares of Nabors Industries Rank the Lowest in Terms of Projected Earnings Growth in the Oil & Gas Drilling Industry (NBR, PKD, HP, NE, ESV)

Oct 16, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Drilling industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.Nabors Industries ranks lowest with a projected earnings growth of 8.5%. Following is Parker Drilling with a projected earnings growth of 8.7%. Helmerich & Payne ranks third lowest with a projected earnings growth of 29.4%.

Noble follows with a projected earnings growth of 70.4%, and ENSCO International rounds out the bottom five with a projected earnings growth of 70.4%.

SmarTrend is tracking the current trend status for ENSCO International and will alert subscribers who have ESV in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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