• Return to Headlines

Hercules Offshore Stands Out as the Best Value in the Oil & Gas Drilling Industry (HERO, PKD, UDRL, PDC, BRNC)

Written on Fri, 07/23/2010 - 4:24am
By Chip Brian

Below are the top five companies in the Oil & Gas Drilling industry as measured by the price to sales per share ratio. Often companies with the lowest ratio present the greatest value to investors.
Hercules Offshore (NASDAQ:HERO) has a price/sales ratio of 0.38x based on a current price of $2.5 and trailing 12-month sales per share of $6.56.
Parker Drilling (NYSE:PKD) has a price/sales ratio of 0.61x based on a current price of $3.94 and trailing 12-month sales per share of $6.5.
Union Drilling (NASDAQ:UDRL) has a price/sales ratio of 0.82x based on a current price of $5.59 and trailing 12-month sales per share of $6.82.
Pioneer Drilling (AMEX:PDC) has a price/sales ratio of 1.03x based on a current price of $6.26 and trailing 12-month sales per share of $6.05.
Bronco Drilling (NASDAQ:BRNC) has a price/sales ratio of 1.25x based on a current price of $3.87 and trailing 12-month sales per share of $3.09.
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 33.6% since the alert was issued.

Keywords: hercules offshore price to sales ratio

Ticker(s): HERO PKD UDRL BRNC PDC

Contact Chip Brian



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/morning-call-newsletter-signup.