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TMCNet:  Relatively Low Projected Earnings Growth Detected in Shares of Nabors Industries in the Oil & Gas Drilling Industry (NBR, HP, RIG, RDC, ESV)

[March 18, 2013]

Relatively Low Projected Earnings Growth Detected in Shares of Nabors Industries in the Oil & Gas Drilling Industry (NBR, HP, RIG, RDC, ESV)

Mar 18, 2013 (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 1.6%. Following is Helmerich & Payne with a projected earnings growth of 3.7%. Transocean ranks third lowest with a projected earnings growth of 18.1%.

Rowan follows with a projected earnings growth of 20.8%, and ENSCO International rounds out the bottom five with a projected earnings growth of 21.0%.

SmarTrend is monitoring the recent change of momentum in Nabors Industries. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Nabors Industries in search of a potential trend change.

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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