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Best Value Investment in the Oil & Gas Drilling Industry Detected in Shares of Hercules Offshore (HERO, BRNC, VTG, UDRL, RIG)

Written on Thu, 07/22/2010 - 4:12am
By Chip Brian

Below are the top five companies in the Oil & Gas Drilling industry as measured by the price to book ratio. Often companies with the lowest ratio present the greatest value to investors.
Hercules Offshore (NASDAQ:HERO) has a price to book ratio of 0.3x based on a current price of $2.43 and a book value per share of $8.4.
Bronco Drilling (NASDAQ:BRNC) has a price to book ratio of 0.3x based on a current price of $3.78 and a book value per share of $12.36.
Vantage Drilling (AMEX:VTG) has a price to book ratio of 0.3x based on a current price of $1.08 and a book value per share of $3.16.
Union Drilling (NASDAQ:UDRL) has a price to book ratio of 0.6x based on a current price of $5.39 and a book value per share of $9.11.
Transocean (NYSE:RIG) has a price to book ratio of 0.7x based on a current price of $47.75 and a book value per share of $66.05.
SmarTrend is bearish on shares of HERO and our subscribers were alerted to Sell on May 05, 2010 at $3.77. The stock has fallen 35.5% since the alert was issued.

Keywords: keywords: nasdaq:hero hercules offshore price to book ratio

Ticker(s): HERO BRNC UDRL RIG VTG

Contact Chip Brian



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