• Return to Headlines

Top 5 Companies in the Oil & Gas Drilling Industry with the Best Relative Performance (ESV , NE , RDC , HP , NBR )

By Amy Schwartz

We looked at the Oil & Gas Drilling 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.

Ensco Plc-Cl A (NYSE:ESV ) ranks first with a gain of 4.25%; Noble Corp Plc (NYSE:NE ) ranks second with a gain of 3.35%; and Rowan Companie-A (NYSE:RDC ) ranks third with a gain of 2.67%.

Helmerich & Payn (NYSE:HP ) follows with a gain of 2.55% and Nabors Inds Ltd (NYSE:NBR ) rounds out the top five with a gain of 1.37%.

SmarTrend recommended that subscribers consider buying shares of Noble Corp Plc on April 11th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $4.10. Since that recommendation, shares of Noble Corp Plc have risen 31.2%. We continue to monitor Noble Corp Plc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance ensco plc-cl a noble corp plc rowan companie-a helmerich & payn nabors inds ltd

Ticker(s): ESV NE RDC HP NBR