Unit Corp has the Lowest Relative Performance in the Oil & Gas Drilling Industry (UNT, DO, PTEN, NBR, RIG)
Written on Mon, 07/19/2010 - 5:32am
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.
Unit Corp (NYSE:UNT) ranks first with a loss of 5.43%; Diamond Offshore Drilling (NYSE:DO) ranks second with a loss of 5.1%; and Patterson-UTI Energy (NASDAQ:PTEN) ranks third with a loss of 4.97%.
Nabors Industries (NYSE:NBR) follows with a loss of 4.83% and Transocean (NYSE:RIG) rounds out the top five with a loss of 4.79%.