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Best Relative Performance in the Oil & Gas Drilling Industry Detected in Shares of Noble (NE, RDC, RIG, SDRL, ATW)

By David Diaz

Below are the top five companies in the Oil & Gas Drilling industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.
Noble (NYSE:NE) ranks first with a gain of 1.23%; Rowan (NYSE:RDC) ranks second with a gain of 1.09%; and Transocean (NYSE:RIG) ranks third with a gain of 0.99%.
Seadrill (NYSE:SDRL) follows with a gain of 0.87% and Atwood Oceanics (NYSE:ATW) rounds out the top five with a gain of 0.24%.
SmarTrend currently has shares of Noble in an Uptrend and issued the Uptrend alert on August 31, 2011 at $34.02. The stock has risen 4% since the Uptrend alert was issued.

Keywords: Noble relative performance

Ticker(s): NE RDC RIG SDRL ATW