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Relatively Low Volatility Detected in Shares of Zion Oil & Gas in the Oil & Gas Exploration & Production Industry (ZN, REN, TRU, TAMO, CRED)

Written on Mon, 07/26/2010 - 6:41am
By Chip Brian

Below are the top five companies in the Oil & Gas Exploration & Production industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Zion Oil & Gas (NASDAQ:ZN) ranks first with a beta of 0.5; Resolute Energy (NYSE:REN) ranks second with a beta of 0.5; and Torch Energy Royalty Trust (NYSE:TRU) ranks third with a beta of 0.7.
TAMM Oil and Gas (NASDAQ:TAMO) follows with a beta of 0.7 and CREDO Petroleum (NASDAQ:CRED) rounds out the top five with a beta of 0.9.
SmarTrend is bullish on shares of TAMO and our subscribers were alerted to Buy on June 22, 2010 at $0.23. The stock has risen 52.2% since the alert was issued.

Keywords: keywords: nasdaq:zn zion oil & gas lowest beta

Ticker(s): ZN REN TRU TAMO CRED

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