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Transocean is Among the Companies in the Oil & Gas Drilling Industry With the Lowest Relative Performance (RIG, DO, NE, HP, UNT)

Written on Mon, 07/26/2010 - 5:33am
By Chip Brian

Below are the top five companies in the Oil & Gas Drilling industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we search for stocks that could be relative bargains.
Transocean (NYSE:RIG) ranks first with a loss of 3.02%; Diamond Offshore Drilling (NYSE:DO) ranks second with a loss of 1.04%; and Noble (NYSE:NE) ranks third with a loss of 0.41%.
Helmerich & Payne (NYSE:HP) follows with a loss of 0.34% and Unit Corp (NYSE:UNT) rounds out the top five with a loss of 0.22%.
SmarTrend is bearish on shares of UNT and our subscribers were alerted to Sell on June 24, 2010 at $43.03. The stock has fallen 4.8% since the alert was issued.

Keywords: Transocean relative performance

Ticker(s): RIG DO NE HP UNT

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