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Hercules Offshore is Among the Companies in the Oil & Gas Drilling Industry With the Highest Beta (HERO, NBR, PTEN, HP, UNT)Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Drilling industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Hercules Offshore ranks highest with a a beta of 2.0. Following is Nabors Industries with a a beta of 1.8. Patterson-UTI Energy ranks third highest with a a beta of 1.5. Helmerich & Payne follows with a a beta of 1.5, and Unit Corp rounds out the top five with a a beta of 1.5. SmarTrend recommended that subscribers consider buying shares of Hercules Offshore on November 30th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.15. Since that recommendation, shares of Hercules Offshore have risen 17.6%. We continue to monitor Hercules Offshore for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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/signup |