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Carbo Ceramics has the Best Relative Performance in the Oil & Gas Equipment & Services Industry (CRR , RES , NOV , SPN , SLB )

By Amy Schwartz

We looked at the Oil & Gas Equipment & Services industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Carbo Ceramics (NYSE:CRR ) ranks first with a gain of 2.75%; Rpc Inc (NYSE:RES ) ranks second with a gain of 1.87%; and Natl Oilwell Var (NYSE:NOV ) ranks third with a gain of 1.59%.

Superior Energy (NYSE:SPN ) follows with a gain of 1.39% and Schlumberger Ltd (NYSE:SLB ) rounds out the top five with a gain of 1.00%.

SmarTrend recommended that subscribers consider buying shares of Superior Energy on April 11th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $9.25. Since that recommendation, shares of Superior Energy have risen 32.3%. We continue to monitor Superior Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance carbo ceramics rpc inc natl oilwell var Superior Energy schlumberger ltd

Ticker(s): CRR RES NOV SPN SLB