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TMCNet:  Highest Beta in the Oil & Gas Drilling Industry Detected in Shares of Hercules Offshore (HERO, NBR, PTEN, HP, PKD)

[February 28, 2013]

Highest Beta in the Oil & Gas Drilling Industry Detected in Shares of Hercules Offshore (HERO, NBR, PTEN, HP, PKD)

Feb 28, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Drilling industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Hercules Offshore ranks highest with a a beta of 2.0. Following is Nabors Industries with a a beta of 1.9. Patterson-UTI Energy ranks third highest with a a beta of 1.6.

Helmerich & Payne follows with a a beta of 1.5, and Parker Drilling rounds out the top five with a a beta of 1.5.

SmarTrend recommended that subscribers consider buying shares of Patterson-UTI Energy on November 23rd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $17.48. Since that recommendation, shares of Patterson-UTI Energy have risen 33.2%. We continue to monitor Patterson-UTI Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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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